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Dominion Diamond Corp: $1.1B takeover bid rejected

Canada-based diamond miner Dominion Diamond Corp has knocked back a $US1.1B, $13.50-a-share take-over bid from The Washington Companies, a diverse, privately-held Missoula, Montana, US-based group of privately held North American mining, industrial and...

24 march 2017

ALROSA has no intention to increase dividends

ALROSA, the world’s largest diamond mining company, said in a statement released on Thursday that it is not going to increase dividend payments up to 75%.

24 march 2017

Rapaport Auctions sells 83,000 carats of diamonds worth $12.5M at Hong Kong March show

Rapaport Auctions, a leading dealer of recycled diamonds, sold over 83,000 carats of polished diamonds for $12.5M at the Hong Kong jewelry show in March.

24 march 2017

Stellar raises £183,751 from placing, short of target

Stellar Diamonds said it conditionally raised £183,751 gross of expenses from 3,340,931 ordinary shares sold at a price of 5.5 pence per share.

24 march 2017

Hari Krishna Group wins two awards at the 43rd GJEPC Awards

Hari Krishna Group has added yet another feather to its cap by winning two awards at the 43rd GJEPC Awards event, which was held at Hotel Trident on 18th March, 2017 here in Mumbai.

24 march 2017

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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