In a recent interview with the Financial Times quoted by IDEX Online, Evgeny Agureev, Alrosa’s deputy CEO, warned that “the current shortage of rough diamonds could persist for several years.”   Credit: Alrosa   Agureev said: “Our industry will work with limited supply. There are projects, but these projects will

India Bore Diamond Holdings (IBDH) has unearthed the world’s second ever “Matryoshka” or “Russian doll” diamond, IDEX Online reports. The find was unearthed by India Bore Diamond Holdings (IBDH) in the southern part of the Ellendale alluvial deposit in Western Australia.   Credit: Alrosa   According to the report, the

Gem Diamonds has unearthed two big diamonds, weighing 245 carats and 102 carats, at its Lesotho-based Letšeng mine – and on the same day, IDEX Online reports. Both stones are high-quality Type II gems.   Credit: Gem Diamonds   In May, Gem Diamonds unearthed two high quality stones from the

Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, has introduced a new long-term business plan that will extend the current life-of-mine (LoM) of its land-based operations by 20 years to 2042.   Credit: Free Wind 2014 / Shutterstock.com   According to Mining