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Rio Tinto ups diamond production in Q3

Rio Tinto Group has announced that its diamond production for the third quarter of 2017 was higher than the third quarter of 2016.

Yesterday

Rough patch for De Beers as eighth sales cycle dips to $370m

De Beers said its eighth sales cycle eased to $370 million from the previous cycle’s $507 million or $494 million, a year earlier.

Yesterday

RJC and DMCC to collaborate on CSR and sustainability in jewellery segment

The Responsible Jewellery Council (RJC) and the Dubai Multi Commodities Centre (DMCC) signed a Memorandum of Understanding to work cooperatively on advancing their shared objectives of improving corporate social responsibility and responsible...

Yesterday

Stellar disposes Guinea assets for $1,25mln

Stellar Diamonds said it has finally sold its Guinea assets for $1,25 million following an evaluation by the buyer, BDG Capital.

Yesterday

Court thwarts Israeli diamond firm from exiting Zim before settling debts

Zimbabwe’s High Court has thwarted an attempt by Fuss Diamond, an Israeli firm to close its operations in the southern African country without settling its debts.

Yesterday

Martin Rapaport’s Presentation at the Mines to Market Conference was divisive, belligerent & inaccurate at best

21 march 2017

(Diamond World News Service) - The Day 2 of the Mines to Market Conference came to an end with Rapaport’s offensive and demeaning presentation - “State of Diamond Industry”. He began by saying how greatly India is dependent on the US and how much it needs America more than anything else. His presentation and manner of speaking was extremely demeaning, aggressive and insulting to Indians. “Indian industries are suckers, they manipulate profits,” he said. He also mentioned that the net rough exports in the UAE are only because of India. He continued to his vindictive presentation by accusing Indian businessmen of malpractices. He insinuated that Indians support illegal activities which are eventually funding terrorism and that President Trump will not stand for such things. It was very evident that Rapaport was acting as an agent for Trump to fix policies between India and America.

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