BeckyStone,Diamonds in the Library founder and CEO:Modern jewelry loverswant to put their money toward pieces they can connect with, that make astatement about who they truly are. Charms offer that personal connection likenothing else, and that's why charms - from medallions and monograms to vintageand newly minted figurals - will reign supreme in 2019. In the past few years,designers have realize...Read More

De Beers has appointed Nompumelelo (Mpumi) Zikalala as Managing Director of De Beers Group Managed Operations, the company that comes instead of De Beer Consolidated Mines (DBCM). Mpumi, currently Deputy Chief Executive Officer at DBCM will take responsibility for the restructured entity that includes the Venetia Mine (South Africa), the Gahcho Ku?(C) Mine (Canada) and De Beers Marine. She is to s...Read More

RAPAPORT... Trans Atlantic Gem Sales (TAGS) sold a record $50.1 millionworth of rough diamonds at a tender in Dubai earlier this month, it saidMonday. A total of 79,213 carats of high-quality stones from minesin South Africa, Angola and Namibia yielded an average price of $633 per carat.The sale included a number of large, single stones and exceptional specials,the company said. "TAGS has se...Read More

JOHANNESBURG (miningweekly.com) – De Beers Group has announced an initiative to consolidate its mining assets in South Africa and Canada into one business called De Beers Group Managed Operations.The new business will streamline operational management and identify synergies to create a more sustainable business in the two countries.AdvertisementDe Beers Group Managed Operations will focus o...Read More

Toronto-based Mountain Province Diamonds has begun the winter exploration program at its 100% owned Kennady North project. The property is adjacent to the Gahcho Kue diamond mine, a joint venture of De Beers Canada (51%) and Mountain Province (49%).The winter program at Kennady North will focus on drilling several combined indicator and geophysical targets located west and southwest of the Hearne...Read More

The Verkhne-Munskoye, one of the largest diamond mines in the world, produced a unique gem-quality rough diamond weighing 98.8 carats. The stone was found in the Zapolyarnaya kimberlite pipe. The mine Verkhne-Munskoye, which is operated by ALROSA, is located in the Sakha Republic, also known as Yakutia. Reportedly, the mine has estimated reserves of 40 million and is projected to produce 1.8 mill...Read More

RAPAPORT... The first China-Israel Diamond Week will take place in Shenzhenin April. The event - organized by the Israel Diamond Exchange(IDE), the Shanghai Diamond Exchange (SDE) and Guangdong Land Holding - willinclude a seminar, the signing of a memorandum of cooperation, visits todiamond-jewelry manufacturing facilities, and networking events. The show will also feature a sales meet, whe...Read More

HRD Antwerp NV is collaborating with MAGILABS (Rome/Helsinki) and offering and advanced, two-day workshop on spectroscopy. This course is aimed at diamond traders and experts; appraisers and graders; jewelers and designers; sales managers, buyers and job seekers. In its invitation for the course HRD Antwerp wrote: "Within the world of diamonds, one of the hot topics continues to be the one of labo...Read More

RAPAPORT... The Swiss Gemmological Institute (SSEF) has launched aservice for linking polished gemstones to their original rough, it saidTuesday. GemTrack creates a fingerprint that documents the stone'sjourney from mine to market, based on analyses of the stone's crystallographic,structural, chemical and microscopic features. "Given the growing demand for provenance and traceability inour i...Read More

Botswana is reportedly ready to give Zimbabwe a loan of $600 million to develop and support its diamond industry. The report on the loan was initially published by the Herald, the state-owned new paper and online daily, but apparently has since been removed. Reuters reported that Zimbabwe's President Emmerson Mnangagwa and Botswana's President Mokgweetsi Masisi are expected to sign the loan agree...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The Wood Mackenzie report Global trends: what to look for in 2019 looks at emerging business models that ensure global mining companies remain at the forefront of the energy transition. Find out why electrification and autom...Read More

RAPAPORT... The Women's Jewelry Association (WJA) has appointedJacqueline Cassaway, the vice president of merchandising for Starboard CruiseServices, as president-elect. Jenny Luker will remain president and Sara Yood will continue as treasurer.Corporate secretary Rebecca Moskal, vice president of chapter affairs LaurenThompson and past president Brandee Dallow will also stay in their roles....Read More

Rio Tinto's (ASX, LON:RIO) investors will be celebrating Christmas in February, as the miner is giving them a $4 billion special dividend, or $2.43 cent a share, after posting its highest annual underlying earnings since 2014.The world's second largest miner reported Wednesday a 2% increase in underlying profit, up to $8.8 billion, beating market forecasts of $8.5 billion on the back of rising rev...Read More

The world's top diamond producer by output, Alrosa, (MCX:ALRS) has unearthed a rough diamond weighing 98.8 carats at Zapolyarnaya kimberlite pipe, which is the part of Russia's Verkhne-Munskoye diamond deposit.The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second major find since the launch of the deposit last October, Alrosa said."[The find] speaks ab...Read More

The Turkish deep-sea scrap import market has been quiet so far this week due to continuing limited demand for finished steel products, which is making Turkish producers hold back from buying raw materials, sources said on Wednesday February 27.The scrap import market in Turkey went quiet at the end of last week after a Baltic Sea cargo transaction, which sent prices down by $20 per tonne week on w...Read More

Physical iron ore prices continued to correct on Wednesday February 27, with buyers and sellers both cautious about taking any action.MB 62% Fe Iron Ore Index: $83.54 per tonne cfr Qingdao, down $0.21 per tonne. MB 62% Fe Pilbara Blend Fines Index: $82.94 per tonne cfr Qingdao, down $0.21 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $85.80 per tonne cfr Qingdao, up $0.31 per tonne. MB 58% Fe P...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Global Ore, 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at $85.80 per tonne...Read More

Fastmarkets looks at key Asian ferrous scrap consuming countries Vietnam, Taiwan and South Korea, and which exporters increased their shipments to these destinations in 2018. Vietnam increased ferrous scrap imports by 20.7% in January-November 2018 to 5.12 million tonnes, up 878,425 tonnes, or 20.7%, from 4.24 million tonnes in the same period in 2017.  Fastmarkets MB's import price asse...Read More

The Europe-Asia ferrous scrap arbitrage could open once again with falling prices in Turkey prompting suppliers to look for alternative markets.Suppliers have increased the quantities of ferrous scrap available to steel mills in Vietnam and Taiwan, causing offers to drop by $5-10 per tonne.Offers for Europe-origin lower-quality heavy melting scrap (HMS) 1&2 came in at $335 per tonne cfr...Read More

Premium hard coking coal was offered lower on Wednesday February 27 while the rest of the seaborne market for the steelmaking raw material remained steady amid a dearth of activity.A cargo of unbranded materials was offered on trading platform Global Coal at $216 per tonne fob Australia during the day, sources told Fastmarkets. This is $2 per tonne lower than an offer of $218 per tonne fob Austral...Read More