Diamond manufacturers must use technology to react swiftly to changes in the market

One of the original founders of Sarine, Uzi Levami has a long history of founding high-tech companies. He was awarded the prestigious Israel Defense Award in 1992 by then President Chaim Herzog, for his endeavors on a development project for the Israel...

20 march 2017

A mined diamond can bring an extra depth to the significance of a jewellery piece

Award-winning designer Sarah Ho, was born in Hong Kong and grew up in Macau before moving to London to enrich her skills in design and gemmology. Sarah’s inspirational designs are a sentimental reflection of the different chapters in her life and her...

13 march 2017

‘I will run my chair in a very transparent, open fashion’ – KP Chairperson

Australia’s Robert Owen-Jones took over as this year’s Kimberley Process Chairperson amid tension between the civil society and the United Arab Emirates (UAE), which chaired the diamond watchdog last year. The civil society coalition boycotted UAE’s...

06 march 2017

Giving beauty to people as a gift

The ‘Kierge’ jewellery house is a large firm manufacturing and selling jewellery and is a famous Yakutian brand. Over its 23 years of experience, the company was repeatedly the winner of national and international contests like ‘The Recognition by St...

27 february 2017

IDE's Yoram Dvash: 2017 shaping up to be more positive

After a tough 2015, last year provided the diamond industry with more stability and 2017 could be even better, says Yoram Dvash, President of the Israel Diamond Exchange (IDE) and Vice-President of the World Federation of Diamond Bourses (WFDB). In this...

27 february 2017

Dominion Diamond Corp: $1.1B takeover bid rejected

24 march 2017

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 transportation businesses.

ALROSA has no intention to increase dividends

24 march 2017

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%.

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

24 march 2017

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.

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

24 march 2017

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.

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

24 march 2017

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.

ALROSA in top three best mining companies in Russia for environmental responsibility

23 march 2017

ALROSA, the world leader in diamond mining by volume, was placed among the top three mining companies in Russia for environmental responsibility.

ALROSA expects its revenue to fall by 6% in the first quarter

23 march 2017

(Finmarket.ru) - ALROSA expects to gain around $ 1.25 billion in revenues in the first quarter of 2017, as it follows from the company’s presentation prepared for the Investor's Day, which took place on Wednesday, March 22. This is by 6% lower against the same period in 2016 and by 47% higher than in the 4th quarter of 2016.

Lucara says first exceptional tender of 2017 set for May

23 march 2017

Lucara Diamond said it will conduct its first exceptional stone tender of the year on 11 May with viewings slated from May 3 through the sale date.

Russian Gov may sell 10% of ALROSA-Nyurba in short term - Egor Borisov

23 march 2017

Head of the Republic of Yakutia Egor Borisov said that in the near future Russian government may sell a 10% stake in PJSC ALROSA-Nyurba. At the same time, the state does not intend to sell shares of ALROSA itself in the coming years, he added.

Tiffany & Co. sales down 3% during fiscal 2016, to focus on new products

23 march 2017

Tiffany & Co. reported its net sales for the fiscal year that ended January 31 fell 3 percent to $4 billion. The company noted a “soft” performance across all jewelry categories and now expects to turn a corner in 2017 by raising the number of new product launches.

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