Raiders Steal 16,000 Diamonds from Factory in India

By John Jeffay / August 16, 2022 / www.idexonline.com / Article Link

(IDEX Online) - Raiders broke open the safe at an Indian polishing unit and stole over 16,000 diamonds.They struck while it was closed for the Raksha Bandhan festival on 11 August.The factory in Dediapada, 70 miles from Surat, employs 100 workers in an area dominated by tribal communities.The raid came to light when a manager went to open the factory after the festival and found the main doors had been forced open.The thieves took 4,483 finished diamonds and 11,666 that were partially polished, plus a sum of cash.Factory owner Hiteshbhai Dewani, who has five other polishing units, told the Indian Express: "We have been in the business for two decades. This is first such incident in our factories. We will take all measures to prevent such incidents in future."Generic pic of diamond polishing

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok