U.S. consumer confidence hits 17-year high in November, says Conference Board - 29.11.17
Consumers are entering the holiday season in very high spirits and foresee the economy expanding at a healthy pace into the early months of 2018.
(...Full Story)
Indian Commodity Exchange launches half-carat diamond futures contracts - 27.11.17
The half-carat contracts will expire in February, March and April 2018, and the exchange expects them to attract more industry players, since half-carat diamonds are commonly used in Indian-made jewelry.
(...Full Story)
Diamond Producers Association to invest marketing effort in India’s growing market - 24.11.17
DPA is committed to spending a significant chunk of its marketing budget in India. Currently this will be about $7 million out of a total global marketing budget of $70 million.
(...Full Story)
De Beers’ subsidiary says it is planning world’s biggest offshore diamond mining vessel - 22.11.17
According to Debmarine Namibia, the new ship will work alongside the five other mining vessels in the company’s fleet, enhancing its ability to recover diamonds off Namibia’s Atlantic coastline.
(...Full Story)
Largest D-flawless to come to auction goes for $33.7 million, but Raj Pink fails to sell - 20.11.17
The 37.3-carat cushion-shaped "Raj Pink" had been billed as the star lot at Sotheby's semi-annual jewelry sale in Geneva, with a pre-sale estimate of $20 million to $30 million.
(...Full Story)
De Beers reports ‘uptick’ in diamond supply during ninth sales cycle of 2017 - 17.11.17
De Beers has reported that its provisional sales total for the ninth rough diamond sales cycle of 2017 stood at $455 million, which is 21 percent higher than the $376 million reported for the eighth cycle of the year.
(...Full Story)
Zimbabwe coup raises prospects for change in country’s diamond sector - 15.11.17
An apparently bloodless coup in Zimbabwe, which resulted in the arrest by the army of the country’s nonagenarian president, Robert Mugabe, is likely to have a significant effect on the ailing Zimbabwean diamond industry.
(...Full Story)
Second massive diamond recovered this year in Sierra Leone - 13.11.17
A 476-carat diamond rough stone was discovered in the Kono district in the eastern part of the country, which is the same region in which Pastor Emmanuel Momoh, a local clergyman, retrieved a 709.41-carat stone in March of this year.
(...Full Story)
Another Indian conglomerate joins the race for $9 billion diamond mining project - 10.11.17
India’s state-owned National Mineral Development Corporation (NMDC ) has reportedly joined the race for $9bn Blunder diamond project in central state of Madhya Pradesh, which current research indicates could produce up to 3 million carats a year
(...Full Story)
Fancy color diamond price index climbs slightly in third quarter of 2017 - 08.11.17
The Fancy Color Diamond Index for the third quarter of 2017 rose by a marginal 0.2 percent over the second quarter, for yellow, pink and blue fancy color diamonds in all sizes and saturations
(...Full Story)
<< < > >> 12345678910...