Diamonds
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Industry expert joins Hearts On Fire
An industry veteran is joining Chow Tai Fook Jewellery Group Ltd’s diamond company Hearts On Fire as business development director.
Lucapa sells fourth parcel of Lulo diamonds for $2.3 m
Lucapa Diamond Co Ltd recently sold a fourth parcel of diamonds from the Lulo Diamond Concession in Angola for gross proceeds of about $2.3 million as alluvial mining operations at the project continue to ramp up.
Kennady Diamonds makes headway with diamond project
Canada-based Kennady Diamonds Inc said latest drill results from its 100 percent-controlled Kennady North diamond project showed potential to increase the facility’s tonnage capacity.
De Beers to sell Kimberley Mines
Diamond mining giant De Beers is putting its flagship Kimberley Mines in South Africa up for sale, saying the facility no longer fits into its strategic plan.
OGI Systems ties up with HRD Antwerp
Israel-based OGI Systems Ltd, a major provider of diamond manufacturing solutions, has partnered with HRD Antwerp to facilitate interoperability between OGI Systems’ Scanox Marker and HRD Antwerp’s EOS Fancy bruting and girdling systems.
Lucara reports $29.6m revenues in Q1 2015
Revenues of Canada-based Lucara Diamond Corporation reached $29.6 million during the first quarter of 2015, down 10 percent from the same period last year.
Diamond firms take home TSM awards for environmental excellence
Dominion Diamond Corporation (DDC) and Diavik Diamond Mine Inc received the 2015 Towards Sustainable Mining (TSM) Awards at the Canadian Institute of Mining, Metallurgy and Petroleum Awards Gala in Montreal in May.
Rio Tinto’s rough output up 13.86% in Q1 2015
Diamond production of Australia-based miner Rio Tinto reached 4.156 million carats in the first quarter of 2015, up 13.86 percent from the same period a year ago, the company announced recently.
Fancy-cut diamond specialist upbeat on prospects
Fancy-shaped diamond expert Presto Trade is positive about its business prospects, largely on the back of stronger uptake from the US and Asia’s surging affluent market.Founded in 1991, the diamond manufacturer said it operates manufacturing facilities that are designed to plan and manufacture a specific range of goods, enabling it to attain high levels of efficiency.
Industry leaders gather in Dubai for diamond conference
Major stakeholders in the global diamond industry, including diamond producers and top diamond manufacturers, took part in the second Dubai Diamond Conference organised by the Dubai Multi Commodities Centre (DMCC) and the Dubai Diamond Exchange (DDE) in late April at the Almas Tower – the Middle East’s tallest commercial building and home to more than 1,000 diamond, precious metals, precious stones and jewellery companies. Centred on the theme “The New Silk Route,” the conference brought together more than 500 participants from the diamond industry including government ministers, regulators, policy advisors, jewellers and traders.
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