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Stellar halts plans to acquire Tonguma diamond project

Stellar said discussions with Octea Mining over the acquisition of Tonguma, which owns a mining license over the Tonguma kimberlite diamond project in eastern Sierra Leone were terminated and is no longer acquiring the company or its mining license from...

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IDWI ends on a positive and optimistic note

The International Diamond Week in Israel (IDWI) which was held from Feb.13 to 16 ended on a positive note, with participants showing immense optimism in the future of the diamond industry.

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India's fourth series of Sovereign Bonds begins today

The Government of India will come out with the fourth series of Sovereign Gold Bonds 2016-17, which the Reserve Bank of India will issue on its behalf. Applications will be accepted from today through March 3 and the bonds will be issued on March 17...

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Rockwell finalises sale of Saxendrift alluvial diamond assets

Rockwell Diamonds has concluded the sale of its noncore Saxendrift alluvial diamond assets in South Africa to private firm Nelesco 318 for C$4.5 million.

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Swiss Watch Exports Continue to Decline

The Swiss watch industry started the year where it left off as exports fell in January, albeit at a slower pace than in 2016.

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A New Diamond Industry

10 january 2017
(paulzimnisky.com) - From the diamond industry's over-speculation on new consumer demand in China and India, to the resulting financial consequences and pressure on the industry to be more transparent, to shifts in generational consumer and cultural demand, and the advancement of lab-diamond production technology, the esoteric diamond industry has never been more interesting to observe and challenging to predict. The future of the diamond industry hangs on the follow-through of structural changes that have been prompted by the challenges faced and the opportunities presented above. In recent years three primary forces have been shaping a new diamond industry: 1) a new operating discipline, 2) a new generation of consumers, and 3) new technology. All of these forces impact all of the segments of the diamond industry, from mine to retailer.

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