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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.

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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.

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GJEPC Delegation Explores Trade Opportunities With Uzbekistan At Tashkent Networking Meet

A 10-member Indian Gems and Jewellery Delegation Engaged  With More Than 60 Stakeholders From The Jewellery Trade, Government Bodies, Customs Authorities and Industry Associations To Strengthen Bilateral Trade Ties

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A 10-member Indian gems and jewellery delegation participated in a high-level networking event in Tashkent, Uzbekistan, engaging with more than 60 stakeholders from the jewellery trade, government bodies, customs authorities and industry associations to strengthen bilateral trade ties.

The Indian delegation was led by Sohil Kothari, Convenor – SEZ Sub-committee, GJEPC, who outlined the objectives of the visit and reaffirmed India’s commitment to expanding cooperation with Uzbekistan’s gems and jewellery sector.

The event opened with a welcome address by Her Excellency Smita Pant, Ambassador of India to Uzbekistan, who emphasised the importance of closer economic engagement between the two countries.

Among the key dignitaries in attendance were Roziboyev, Head of the Department of Supporting Business at the Customs Committee of Uzbekistan, along with other Customs Committee officials; Alisher Shaykhov, Advisor to the Chairman of the Chamber of Commerce and Industry of Uzbekistan; and Nodir Mirahmedov, Chairman of the Jewellery Association of Uzbekistan.

During the networking session, the GJEPC delegation showcased India’s strengths across the gems and jewellery value chain, highlighting the country’s manufacturing capabilities, export expertise and comprehensive industry ecosystem. The presentation also focused on opportunities to deepen trade cooperation, facilitate business partnerships and enhance collaboration between Indian and Uzbek jewellery companies.

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