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Showing posts with the label lab-grown diamonds

Angola highlights falling NDs price & LGDs expands!

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  Sociedade Mineira do Luele expects production of over 6 mn Cts   The target for the year 2025 was announced in Lunda-Norte, by Rómulo Mucase, President of the Board of Directors of Sociedade Mineira do Luele [SML]. According to the manager, who was speaking to the press during the Half-Yearly Diamond Production Review, this is a commitment made for the current year, in order to meet the goals established by the National Development Plan. So far, Mucase said, the production program of the company he manages has reached an execution level of around 88%, having highlighted that during the second half of the year, measures were implemented to overcome constraints encountered in the first six months of the year.    Referring to investments, for November of this year, the CEO of SM Luele said at the time, the second ore treatment line has been confirmed, which will allow the treatment of one thousand tons per hour, surpassing the current capacity of five hundred tons...

Al Cook, back the fast-growing Indian NDs jewellery market

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De Beers highlights the significance of tech-powered diamond testing   Al Cook, CEO of De Beers Group, the world’s leading diamond company, reiterated the Group’s commitment to unlocking the full potential for Natural Diamonds (NDs) in India during his latest visit to the country.   As India continues to power ahead as the world’s fastest growing market for natural diamond jewellery demand, Cook and other senior leaders from De Beers Group have been visiting the country to meet with its range of leading retailers, traders, cutters and polishers, and industry groups.   The growth of India, the home of diamonds, across the diamond value chain: “For more than two thousand years, India has been at the heart of the world’s diamond industry. I have seen that history for myself over the past three days in Mumbai and Surat. But I have also seen that the future of diamonds in India will be even greater than the past. I have seen innovation.   I have seen coope...