International News
Rio Tinto Unveils Rare 158ct Yellow Diamond from Diavik Mine in Canada
One of the largest gem-quality yellow diamonds ever discovered in Canada, the 158.20-carat gem is a remarkable find as Diavik Mine nears closure.
Rio Tinto has uncovered a rare and exceptional 158.20-carat yellow diamond at its Diavik Mine in Canada, marking one of the largest gem-quality yellow diamonds ever found in the country. This stunning discovery is also among only five yellow diamonds weighing over 100 carats to be unearthed by the company at Diavik throughout its 22-year history. Notably, Diavik is primarily known for producing white diamonds, with less than 1% of its output being yellow stones.
The Diavik Mine, which is set to close next year, is also responsible for several significant yellow diamond finds, including Canada’s largest yellow diamond, a 552.74-carat gem discovered in 2018, and the 187.7-carat Diavik Foxfire found in 2015.
With the closure of the Argyle mine in Australia in 2020, Diavik is now Rio Tinto’s sole diamond asset. Patrick Coppens, General Manager of Sales and Marketing for Rio Tinto’s diamond business, expressed excitement over the unique beauty and purity of the Diavik diamonds, eagerly anticipating the future of this extraordinary find.
International News
GJEPC Delegation Begins Poland Leg Of Eastern Europe Trade Mission
Delegation Explores Poland, Romania and Serbia Through Market Studies, Retailer Interactions and Strategic Business Outreach To Expand India’s Gem and Jewellery Export Opportunities.
GJEPC has launched its Eastern Europe trade delegation with an on-ground market study in Warsaw, Poland, as part of a broader outreach covering Poland, Romania and Serbia from 18 to 26 May 2026.
The initiative aims to strengthen India’s trade engagement with emerging Eastern European markets and create new opportunities for gem and jewellery exports through structured business meetings, networking events and direct trade interactions.
On the first day in Warsaw, the delegation conducted an intensive assessment of the local jewellery market, visiting leading retail destinations including ZÅ‚ote Tarasy commercial centre. The team studied major regional players such as Apart, which operates over 200 showrooms, along with Vezzi, Ami, Arenart and Pandora, each with sizeable retail footprints.
Delegates engaged directly with retailers, shop owners and managers to showcase Indian manufacturing capabilities and explore potential business collaborations. The study also examined sourcing models, import logistics and consumer demand patterns across gold, silver and diamond jewellery categories.
The delegation is designed to provide participating members with focused market exposure, business leads and deeper insights into the evolving jewellery landscape across Eastern Europe.
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National News34 minutes agoSMR Jewels Limited’s IPO To Open On May 26, 2026, Price Band Set At ₹ 128 – ₹ 135 Per Equity Share
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BrandBuzz20 hours agoForevermark Diamond Jewellery Unveils Avaanti: A Celebration Of Life’s Never-Ending Symphony
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