Expert reports
27.01.2012
Deaf
This game of who is or isn’t a sightholder is complicated by the fact the DTC itself has not printed a comprehensive list, its announcement merely states the number of sightholders (provisionally); so inevitably there are these wonderful games of Chinese whispers passed around.
26.01.2012
Morocco’s natural resources underexploited
Morocco, although it contains no oil in its bosom, is nonetheless rich in such minerals as tin, gold and diamonds which are available in large deposits present in this country. However, a Moroccan daily, this nation in the north of Africa does not utilize its natural resources at a full extent.
25.01.2012
In New Control Over Diamonds, Smugglers Pay in Mozambique
Ever since President Robert Mugabe of Zimbabwe began to tighten his grip about three years ago on the mines in Marange, where security forces and companies with ties to him are mining at least hundreds of millions of dollars’ worth of stones, the illicit diamond business here has all but dried up.
Currency rates
1 USD |
= |
30.36 RUR |
1 EUR |
= |
39.78 RUR |
10 CNY |
= |
47.94 RUR |
Stock quotes
| ALRS |  |
MICEX- RTS | 29.922 |
| HWD |  |
NYSE | 11.860 |
| PDL |  |
LON | 137.250 |
News
27.01.2012
The world's largest diamond was extracted 107 years ago
January 26 marked 107 years since the day when prospector Thomas Powell (Thomas Powell) extracted from the quarry Big Hole, located in the area of the South African city of Kimberley, the largest so far recovered in the world diamond.
27.01.2012
Letšeng’s FY 2011 diamond output, sales up
Gem Diamonds said production at its 70 percent-owned Letšeng mine, in Lesotho leaped 35 percent to 112,367 carats during the financial year (FY) 2011 from 90,933 carats recorded the previous year.
27.01.2012
DTC January Sight Estimated at $650M
The Diamond Trading Company (DTC) opened its first sight of 2012 with an estimated value of $650 million, as the De Beers distribution unit adjusted prices but changed the assortments presented.
27.01.2012
CIS Metals Summit will discuss new projects of Krastsvetmet
On February 15-16, 2012 Moscow will host the 17th International Summit “CIS Metals” 2012. The event will feature over 50 speakers.
27.01.2012
Diamond Revenue to Fund Grants for Zimbabwe’s Students
Zimbabwe’s government plans to use some of the revenue from the sale of its rough diamonds to reinstitute grants for students.
27.01.2012
Lower prices recorded at DTC January sight - report
De Beers’ distribution arm, the Diamond Trading Company (DTC) reduced the average size of goods in the boxes offered at its Sight, in London this week.
27.01.2012
Estet to Participate in JUNWEX Petersburg
From 1 to 5 February, 2012, Jewellery House Estet will take part in the largest industry show JUNWEX Saint Petersburg, which will traditionally be hosted by the Russia’s North capital at the beginning of the year.
26.01.2012
De Beers’ diamond output dropped 30% in 4Q
In the fourth quarter of 2011, De Beers recovered 6.5 million carats of diamonds, which is a 30-percent slump from the third quarter of 2011. The news was broken in the press release distributed by Anglo American. Thus, it turns out that De Beers produced 31.328 million carats last year, which is 5% lower than in 2010.
Exclusive
23.01.2012
Hard Stone Processing: The backbone of the industry should be the manufacturers
In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.Analytics
Dividends from ALROSA
In the near future, ALROSA intends to increase its free float by placing its shares on the market. The dividend rate is an important attractiveness factor for investors, so now when making decisions about dividend payments the company, willing or not, will have to focus both on the needs of minority shareholders and dividend yield standards generally accepted in business.
Immeasurable demand from Asia spurs jewelers to migrate
Neither the economic recession in Europe, nor the high level of unemployment in the U.S., nor any other hurdles seem to be able to cool the shopping fever among Asian buyers. In turn, efforts by international luxury companies to bring their goods to shoppers in Asia have led to a large increase in glitzy high-end shops across the region in the past few years.
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