ALROSA holds a conference call on the results of 2017 under IFRS

During the conference call on ALROSA’s results in 2017 in line with the IFRS, the diamond miner's management informed there would be no changes in the dividend policy to be followed by the company in 2018 and dividends would not exceed 50% of...


Angola-based Catoca loses potential revenue of $450m due to economic crisis – report

Sociedade Mineira da Catoca deputy director-general, António Galiano said the diamond mining company lost a potential revenue of $450 million over the last few years due to the economic and financial crisis that Angola is experiencing.


Angola’s Lulo diamond sales drop 38% to $31.6 m in 2017

Angola’s Sociedade Mineira Do Lulo (SML), which is operated by Lucapa Diamond in partnership with Endiama and Rosas & Petalas, registered a 38-percent drop in diamond sales to $31.6 million last year compared with $51 million, a year earlier...


Zim police chief professes ignorance over Marange diamond mine

Zimbabwe Republic Police (ZRP)’s new commissioner-general Godwin Matanga said he doesn’t know that they own Gye Nyame diamond company in Marange.


Bharat Diamond Week participants to benefit from new direct flights to India

A new direct flight between Israel and India will give a boost to the first-ever edition of the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India.


Affluent Millennials Favor Tiffany and Rolex, Represent Growing Luxury Market

11 january 2018
(jckonline.com) - Affluent millennials favor traditional luxury brands like Rolex and Tiffany, but also seem predisposed to high-end brands that engage in content marketing, a new survey by MVI Marketing found. The survey polled nearly 1,000 consumers, from 25 to 40 years old, with a household income of $80,000 and higher. Among jewelry brands, Tiffany took the top spot, followed by Cartier, Pandora, Chanel, Gucci, Harry Winston, Bulgari, David Yurman, Hermès, and Tacori. When asked for favorite watch brands, respondents picked Rolex, followed by Apple, Omega, Cartier, TAG Heuer, Piaget, Patek Philippe, Breitling, Jaeger-LeCoultre, and Chopard. With the exception of perhaps Apple and Pandora, those are mostly traditional names that reflect their high brand awareness. Other generations would like also pick Tiffany and Rolex, admits MVI CEO Marty Hurwitz.


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