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ALROSA plans to auction large diamonds in Dubai

ALROSA, the world’s largest diamond mining company, will hold an auction for the sale of special size rough diamonds (weighing over 10.8 carats) in Dubai in the period from May 27 to June 14, 2018.

Yesterday

Signet Jewelers to join pilot of De Beers-led blockchain platform

Signet Jewelers, the world’s largest retailer of diamond jewellery, will become the first retailer to join the pilot of De Beers-led blockchain platform, Tracr.

Yesterday

Chow Tai Fook to use blockchain technology for ‘T MARK’ diamond brand

Clients of Chow Tai Fook’s diamond brand, CHOW TAI FOOK T MARK (T MARK), will receive a permanent and immutable blockchain record of their diamond’s GIA grading information.

Yesterday

Mountain Province Diamonds announced results of fourth diamond sale of 2018

Mountain Province Diamonds Inc.  announced the results of its recently completed fourth diamond tender sale of 2018.

Yesterday

Petra Diamonds to raise $178 mln to cut debt

Petra Diamonds, which has mining operations in South Africa and Tanzania, has launched a $178 million rights issue to settle part of its swelling debt.

Yesterday

US Economic Growth Being Hit By Volatility At Home And Abroad

17 may 2017
(idexonline.com) - Three months into his administration, President Trump appears to be running into reality. Political changes at home are much more difficult to achieve than previously thought. And abroad, there are serious developments and volatility beyond what he might have foreseen. All of that has smudged his palette and, consequently, makes the picture a lot less clear. Following the initial euphoria, US economic growth remains lackluster. And uncertainty as to whether the Trump administration can pass key reforms, despite controlling both the Senate and the House of Representatives, are making markets somewhat edgy. The stock market is looking for evidence that U.S. corporate earnings will remain robust and that policies on tax reform, regulation (or, rather, deregulation) and infrastructure will gain lawmakers' approval.

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