Rough

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I. Hennig Tenders will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16.

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Israel reported a strong decline in polished diamond exports for the first half of 2016 - dropping 14 percent on the year to $2.61 billion - according to official figures.

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Russia's ALROSA has found a 136.24-carat diamond from the Nyurbinskaya pipe near Yakutsk in the Sakha Republic where most of its mines are located.

The gem-quality rough diamond, is 3 Black Makeable 1 Color, measures 29.32 х 23.88 х 21.9 mm and is one of the largest found in the Nyurbin, the miner said.

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Two economists have urged Botswana to undergo a second economic transformation. In a report compiled by Econsult Botswana, economists Dr Keith Jefferies and Sethunya Sejoe warned that diamond mining is unlikely to drive economic growth in future, but rather a foundation for current economic activity and income levels.

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White Pine Trading LLC, a diamond trader and fine jewelry and luxury watch purchaser, is launching a listing service to provide smaller diamond dealers a distribution channel for GIA-graded stones.

The platform will provide access to leading trading networks, regardless of a member’s size, funding or supply, and also aims at improving members’ access to brick and mortar and online retail outlets.

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Excelsior Capital Ventures (ECV) LLC is to provide "substantial liquidity" to the mid-stream diamond and jewelry industry.

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Stornoway Diamond Corp reports that the initial sale of diamonds from its Renard mine in Quebec province in Canada will be held in Antwerp starting on November 14.

That is two months earlier than previously expected, the miner said in a statement.

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The Russian diamond monopoly's Supervisory Board has approved the mining group's budget for 2016.

The firm expects diamond output to come in at up to 39 million carats.

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After three months of development, DiaCam360 has released a software upgrade, putting its customers at the forefront of diamond imaging technology.

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The Lucapa Diamond Company has announced yet another discovery of an exceptional diamond.

This time, it is a 68.1 carat Type IIa D color diamond from a trial mining exercise at a new area at its Lulo operation in Angola.

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