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ALROSA becomes a certified member of the RJC

ALROSA has become a certified member of the Responsible Jewellery Council (RJC) by achieving certification against its Code of Practices through meeting the highest ethical, human rights, social and environmental standards as established by the...

Yesterday

De Beers rakes in $450mln from latest rough sales – Anglo

Anglo American said De Beers raked in $450 million from its tenth sales cycle of the year compared with $422 million, a year earlier.

Yesterday

The Kimberley Process (KP) Plenary session starts in Brisbane, Australia

Prior to the commencement, the World Diamond Council (WDC) led bilateral meetings with members of the KP family including the Chair, some of the 81 KP member countries and the Civil Society Coalition. It also conducted its third Observer’s Forum...

Yesterday

CIBJO President expressed support for De Beers plan to develop diamond traceability system

CIBJO President Gaetano Cavalieri has voiced the World Jewellery Confederation's support for a De Beers development project that employs blockchain technology, which was announced on December 4 by the group's CEO, Bruce Cleaver.

11 december 2017

IDE to unveil technology breakthrough initiatives at IDWI 2018

The Israel Diamond Exchange (IDE) has announced that it will unveil a series of groundbreaking initiatives that will have an important impact on the diamond industry in Israel and worldwide at the International Diamond Week in Israel (IDWI)...

11 december 2017

Agarwal’s £2bn gambit could put Anglo American into play

20 march 2017
(miningmx.com) - Anil Agarwal’s £2bn investment in Anglo American shares, giving his trust – Volcan Investments – a 13% stake in the UK-listed firm, was an attempt to flush out rival bidders for Anglo’s assets or buy the South African assets identified by CEO, Mark Cutifani, as non-core, said analysts. “From a strategic point of view, some kind of deal could potentially hand Anglo a solution to their problem of perceived ‘over-weighting’ towards South Africa,” said Paul Gait, an analyst for Bernstein. “It could put Agarwal in a prime position to take the South African assets – the African limb he desires for Vedanta – and allow Anglo American to achieve the kind of South Africa exit that it, in turn, desires,” he said.

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