Gem Diamonds rakes in millions after selling diamonds of more than 100 carats procured at its top mining site.
The new facility is called Triple A, and it is near another Pandora facility at Gemopolis.
Angola's Catoca lost almost $500 million as a result of underpricing due to the government's marketing system.
Mountain Province Diamonds discovers "white octahedron," a 95-carat diamond unearthed from the Gahcho Kue mine in Canada.
Following the implementation of VAT last January, the trade in the UAE dropped by 60 percent.
The GemFair program's pre-pilot stage will take place in West Africa's Sierra Leone.
Lucara Diamond acquires Clara, a digital platform which uses blockchain technology and cloud computing in selling its products in the diamond industry.
Gemstone marketing in the Asia Pacific has taken a more distinct and aggressive approach.