Dominion Diamond Mines to restart Ekati in December

The world’s top diamond producer by value attributed the decline to planned volume reductions in Botswana and South Africa.

Revenue rose 22 percent in the quarter to $80.2 million from $65.8 million a year prior, despite diamond prices being 5 percent lower when compared to the same period of 2017.

The government says that diamonds worth more than $1 million had been seized in the course of Operation Transparency.

The U.K. is currently just one of six EU countries allowed to import and export rough diamonds. Once stones enter Belgium and Portugal, they’re then free to move around the region.

Mountain Province Diamonds is a 49% participant with De Beers in the Gahcho Kué diamond mine.

Anglo American unit De Beers is going after lucrative as it aims to expand its lab-grown diamond business beyond drilling and cutting.

Several major Russian companies are exploring ways to do deals abroad without using dollars.

Decision comes after the companies received Wednesday a preliminary geological assessment of the property, which shows Heritage contains several targets for modern alluvial diamond placer deposits.

Researchers from Curtin University discovered reidite, one of the rarest minerals on Earth buried deep within an ancient meteorite crater in Western Australia.