De Beers Will Close Four Namibian Diamond Mines

Due to resources dwindling Beers’ joint ventures will close four diamond mines by 2022.

Namdeb is a DeBeers project with the government of Namibia, Will close the Elizabeth Bay mine at the end of 2018 followed by the Daberas deposit at the end of 2019 and Sendelingsdrif in 2020. The main asset  Southern Coastal will close in 2022.

Production saw a shift to offshore assets this past year. For the first nine months of 2017, Debmarine’s production surged 22% to 1.1 million carats.

Subdued world economic growth will make the next few years challenging, mainly due to negative impacts forecast in exchange rates and other indices.

Source: DCLA 

De Beers Will Close Four Namibian Diamond Mines

Due to resources dwindling Beers’ joint ventures will close four diamond mines by 2022.

Namdeb is a DeBeers project with the government of Namibia, Will close the Elizabeth Bay mine at the end of 2018 followed by the Daberas deposit at the end of 2019 and Sendelingsdrif in 2020. The main asset  Southern Coastal will close in 2022.

Production saw a shift to offshore assets this past year. For the first nine months of 2017, Debmarine’s production surged 22% to 1.1 million carats.

Subdued world economic growth will make the next few years challenging, mainly due to negative impacts forecast in exchange rates and other indices.

Source: DCLA 

SELLING YOUR DIAMOND

DCLA can help you sell or auction your diamond jewellery and get you the correct value:  DCLA Laboratory Diamond Selling Advice.
If you are you considering selling your diamond, but feel as though you have no idea how or where to begin with the process?
This article will give you a few tips to help you along the way.

Read article: DCLA DX

DCLA Diamond Laboratory provides an internationally recognised and respected report to any seller or prospective buyer.

DCLA will provide you with an experience expert to advise you and give you the accurate value protecting you when selling.

Our goal is to provide you with as much knowledge as possible.

Visit www.dcla.com.au for information advice or to make an appointment.

Or call us on 1300 413 425 or Sydney 02 92612104

SELLING YOUR DIAMOND

DCLA can help you sell or auction your diamond jewellery and get you the correct value:  DCLA Laboratory Diamond Selling Advice.
If you are you considering selling your diamond, but feel as though you have no idea how or where to begin with the process?
This article will give you a few tips to help you along the way.

Read article: DCLA DX

DCLA Diamond Laboratory provides an internationally recognised and respected report to any seller or prospective buyer.

DCLA will provide you with an experience expert to advise you and give you the accurate value protecting you when selling.

Our goal is to provide you with as much knowledge as possible.

Visit www.dcla.com.au for information advice or to make an appointment.

Or call us on 1300 413 425 or Sydney 02 92612104

Vivid Yellow Diamond Recovered By Alrosa

A 34.17 carat Fancy Vivid Yellow Rough Diamond was recovered by Almazy Anabara a mining company affiliate of Alrosa.

Read More: DCLA

Vivid Yellow Diamond Recovered By Alrosa

A 34.17 carat Fancy Vivid Yellow Rough Diamond was recovered by Almazy Anabara a mining company affiliate of Alrosa.

Read More: DCLA

De Grisogono Diamond Could Sell for Over $30M

The historic emerald cut diamond could sell for more than $30 million USD when it goes on sale at Christie’s Geneva Auction next month.

The 163 carat D flawless diamond named The Art of De Grisogono, was shown at the Dubai Diamond Conference on Tuesday.

Initially in set in an necklace now as the centerpiece of a bracelet.

The polished diamond originated from a 404 carat rough diamond recovered at the Lulo mine in Angola Southern Africa.

Source: DCLA