mines News - Professional Jeweller

Diamond trade hurtling towards major global supply crisis

Diamonds & Gemstones News by Anne-Marie Judge on 19th February 2019

Fancy coloured diamond prices to rise and second-hand market to flourish as supply from 'mega mines' dries up, report suggests

GIA team uncovers gemstone treasures in Brazil

Other by Staff Writer on 8th July 2014

Team went on fact-finding trip to emerald and tourmaline mining areas.Words by Ella Stern Field researchers from the Gemological Institute

Petra Diamonds production up 98% year-on-year

Other by Staff Writer on 31st July 2012

Company's revenue increases 44% to £202 million.Petra Diamonds has released its unaudited results for the year ended June 30, outlining

Petra Diamonds wrapping up mine acquisition

Other by Staff Writer on 18th May 2011

Company in last stages of De Beers' Finsch mine deal.Petra Diamonds has released an update on its acquisition of the

Petra Diamonds reports $70m in profit

Jewellery Other by Staff Writer on 21st September 2010

Company recovers from a $8.6 million loss in 2009.Petra Diamonds Limited has reported record post tax profits of $70 million

RJC welcomes lifting of Zimbabwe diamond ban

Other by Staff Writer on 4th August 2010

Council congratulates participants on the outcome of the KP meeting.The Responsible Jewellery Council (RJC) has announced its welcome of the Kimberley Process (KP) decision to lift the ban on the export of rough diamonds from

Gemfields hosts successful Zambian emerald auction

Other by Staff Writer on 29th July 2010

Rough emerald auction achieves record sales of £4.8m in London.Gemfields achieved record sales of $7.8 million (£4.8 million) at a

Zimbabwe to ignore diamond trade ban

Jewellery Other by Staff Writer on 15th July 2010

Mugabe announces the country will be resuming its trade in diamonds.Zimbabwe president Robert Mugabe has announced that the country will

Global Witness condemns Zimbabwe blood diamonds

Other by Staff Writer on 17th June 2010

Reports claims government seeks to capture Zimbabwe diamond wealth.Zimbabwe's Zanu PF political and military elite are seeking to capture the

IFC and RMB to finance Petra mines expansion

Jewellery Other by Staff Writer on 2nd June 2010

Petra seeks to expand core production with £53.5m new debt facilities.Petra Diamonds Ltd has agreed terms of finance for $40

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