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De Beers’ Production for Q1 2018 Up By 15% to 8.5 Mn Cts
Apr 24, 2018
De Beers production figures for the first quarter of 2018 show that the Group’s production increased by 15% in the period to touch 8.5 million carats, as compared to 7.4 million carats produced in the same period of the previous year.
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IDE Says Diamond Controller Has Agreed to Extend Diamond Inspection Period to 30 Days
Apr 24, 2018
The Israel Diamond Exchange (IDE) announced yesterday that an agreement has been reached with Israel’s Diamond Controller extending the tax-free inspection period of imported diamonds from three days to 30 days. “The extension applies to diamonds of US$ 50,000 minimum value,” IDE said in its announcement statement.
News
Petra Diamonds Q3 2018 Production Rises 20%, Revenue Up 44%
Apr 24, 2018
Releasing its operational update for the three month period ended 31 March 2018 (Q3 FY 2018), Petra Diamonds Ltd reported a 20% rise in production to 1,194,947 carats (Q3 FY 2017: 999,768 carats) from across its different projects in southern Africa.
News
Fancy Intense Blue Diamond Ring Sets World Auction Record Price-Per-Carat at Sotheby’s Sale
Apr 24, 2018
A rare 3.47-carat fancy intense blue diamond ring sold for a massive US$ 6.7 million at Sotheby’s New York auction last week, setting a new world auction record of US$ $1,920,259 per-carat.

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Metal & Currency Rates

  • GOLD$ 1324.30 PER T.O. (0.999)
  • EURO81.55605
  • US DOLLAR66.36400
  • SILVER$ 16.9350 PER T.O. (0.999)