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.
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.
Bain & Company is considered one of the most prestigious management consulting firms in the world, with 47 offices in 30 countries and over 5,500 professionals on staff globally. Recently, the company released a report titled “The global diamond industry: Lifting the veil of mystery” giving an in-depth analysis of diamond production. Gerhard Prinsloo, a key author of the report, has further unveiled the current situation in the diamond market in his interview to Rough&Polished.30.01.2012
Cautious prognosis for diamond market after ‘good’ holiday season
Rockwell Diamonds said recently that diamond jewellery sales in the United States were better during the last Christmas season than the year before. This, it said, is expected to assist in the liquidation of inventory with the resultant cash flow improvement rolling over into the January and February rough diamond purchasing period.
23.01.2012
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.
16.01.2012
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.
10.01.2012
Long-term outlook for diamond market remains positive
One does not need to waste time speculating over the intentions of the Oppenheimers but look at the conviction Anglo American had on the positive outlook of the diamond industry.
01.01.2012
Market report 2011
In Russia, there is an omen: you will live the new year the way you celebrate its advent. If we project this omen on the diamond market, its players may face quite an equivocal year.