Anglo American is reporting that DeBeers' rough diamond sales during the eighth cycle of 2020 brought in $467 million USD. Not only is this is a significant surge over 2020's seventh cycle, which brought in $334 million, it's a noteworthy increase of 57% over the $297 million realized during the same cycle in 2019.
Kevin Kinard visited Crater of Diamonds State Park regularly for more than 25 years, but never found a diamond until Labor Day 2020. Now he has the distinction of discovering the second largest diamond to ever come from the popular Arkansas tourist site, at just over nine carats.
Can we call them the Blues Brothers? Individually weighing 25.75 carats, 21.25 carats, 17.57 carats, 11.42 carats and 9.61 carats, Petra Diamonds reports that these spectacular siblings were assessed to be individual stones, not originally part of a larger diamond.
The last two 100+ carat diamonds, unearthed over a span of 48 hours, are the 10th and 11th gem-quality stones weighing more than 100 carats found at Letšeng this year. At an elevation of more than 10,000 feet, the world's highest diamond mine also boasts the world's highest value-per-carat.
The Argyle Diamond Mine in the remote east Kimberley region of Western Australia is scheduled to close by the end of 2020 following nearly forty years of production. "One Lifetime, One Encounter" is an auction event, offering a collection of the rarest diamonds extracted there over a year's production.
Tiffany & Co. has announced a program detailing the provenance of the diamonds they sell, beginning with country and mine of origin. The New-York based jeweler plans to share this "Full Craftsmanship Journey" for every newly-sourced diamond of 0.18 carats or more.
RESOLVE, an early pioneer in the area of environmental conflict resolution, and the Diamond Development Initiative (DDI), responsible for facilitating more efficient, formal and environmentally responsible approaches in the African diamond mining sector, will integrate their programs to strengthen their efforts going forward.