Savina Diamonds Ltd

09/02/2023

Average prices for fancy coloured diamonds of any size climbed by 3.9% in 2022

Prices for yellow diamonds climbed by 4.6% from the previous year, followed by a 3.9% rise in pinks and 1.8% in blues, the FCRF says.

21/09/2020

An exceptionally rare 102.39-carat diamond may become one of the most expensive stones ever to sell at auction when it goes under the hammer in Hong Kong next month.

The exceptionally rare diamond is set to go on auction in Hong Kong in October, with stones of similar size and quality attracting bids between $12 million and more than $30 million.

24/07/2020

South Africa’s Petra Diamonds, which put itself up for sale in June, sold 23% fewer carats for 36% less revenue in the year to June 30, as the coronavirus pandemic wreaked havoc on an already struggling diamond industry.

Full-year revenue fell by a third as the diamond miner sold 23% fewer carats for 36% less revenue in the year to June 30.

19/05/2020

Gold fell from a fresh seven-year high on Monday as early results from a coronavirus vaccine trial showed promising results, offering a glimpse of hope that a path to economic recovery could be paved.

Gold fell from a fresh seven-year high on Monday as early results from a coronavirus vaccine trial showed promising results.

08/04/2020

Gold prices gained in volatile trade on Wednesday amid weakening appetite for risk as rising deaths dampened hopes for a swift containment of the novel coronavirus.

Gold prices gained in volatile trade on Wednesday amid weakening appetite for risk as rising deaths dampened hopes for a swift containment of the novel coronavirus.

27/03/2020

Africa-focussed miner Petra Diamonds on Friday suspended its production forecast for fiscal 2020 and said it was in “active talks” with a South African lender for near-term financing, amid worries over the worsening coronavirus crisis.

Africa-focussed miner Petra Diamonds on Friday suspended its production forecast for fiscal 2020 and said it was in "active talks" with a South African lender for near-term financing, amid worries over the worsening coronavirus crisis.

19/03/2020

Botswana on Monday banned travelers from 18 high-risk COVID-19 countries, including Belgium, China and India, where many of the world's diamond dealers are located.

Botswana's pillar diamond industry is expected to take a significant hit from the coronavirus pandemic. Botswana on Monday banned travelers from 18 high-risk COVID-19 countries, including Belgium, China and India, where many of the world's diamond dealers are located. A diamond sorter processes diam...

09/03/2020

The positive results follow a 2018 decree that eliminated the figure of ‘preferred customer’ and implemented new ways of selling diamonds.

The National Diamond Trading Company of Angola saw revenue grow by an average 8.5% in the last two years.

04/03/2020

Lucapa Diamond Company and its project Lulo partners have updated details on the search for the hard-rock sources of the high-value alluvial diamonds being mined at the Lulo diamond project in Angola.

Lucapa and its project Lulo partners have updated details on the search for the hard-rock sources of the alluvial diamonds at the Lulo diamond project.

24/02/2020

Here is the fraud warning issued by the U.S. State Department regarding gold scams from Sierra Leone exposing how they do it...

Each scam is a slightly different from the next one, but they generally incorporate the following...

Official link:https://photos.state.gov/libraries/sierraleone/452467/Political%20Affairs%20Section/ALL%20THAT%20GLITTERS%20IS%20NOT%20GOLD.pdf

22/02/2020

This will be a week gold bugs remember for a long time with the precious blowing past $1,600 level and hitting fresh 7-year highs.

(Kitco News) This will be a week gold bugs remember for a long time with the precious blowing past $1,600 level and hitting fresh 7-year highs. All this on the back of renewed concerns about the economic fallout from the coronavirus. Gold is heading for what looks like the best weekly close in over....

13/02/2020

Angola’s state diamond group seeks global partners to become a top 3 producer

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry