diamond

Diamond Standard Co. has introduced a new system for international money transfer - Carats. Unlike traditional cryptocurrencies or fiat currencies, the new digital commodity currency, Carats, is backed by physical diamonds held in Brinks vaults. This innovation allows users to send and receive...

Prospects for diamond prices are looking brighter as a multitude of factors are set to drive up costs in the coming years. What Happened: A plethora of elements including tighter supply, increased demand, and a predicted surge in weddings are all contributing to the optimistic market outlook,...

Reports of a major diamond discovery in western Africa over the weekend have started to make noise. Sierra Leone's National Minerals Agency, according to Agence France-Presse, says a diamond, worth around $6.2 million, was unearthed in the country's eastern Kono district. "This 153.44-carat...