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Second Bharat Diamond Week to Take Place in October

The Bharat Diamond Bourse (BDB) announced that the second edition of Bharat Diamond Week will take place from October 8-10 at BDB in Mumbai, India.

Today

Polished diamond exports from India up 5% in June

Polished diamond exports from India rose by 5,07% in June, 2018, as compared to a year earlier. Total exports from the gem and jewellery sector increased only by 0,9% in the period under review.

Today

ALROSA has taken the leading position internationally in total shareholders returns index according to Boston Consulting Group

ALROSA, the world’s largest mining company, was ranked second among international mining companies with market capitalization of more than $4 bn  in total shareholder returns (TSR) rating “The leaders of value adding 2018” of Boston...

Yesterday

Rio Tinto announces second quarter production results

Rio Tinto announced today that during the secnd quarter the production at the Argyle diamond mine saw a rise of eight per cent in volume terms, compared to the second quarter of 2017 due to an increase in tonnes processed following improved plant availability...

Yesterday

Tsodilo upbeat as evaluation of BK16’s first diamond package shows promise

Tsodilo Resources said an independent evaluation of a package of diamonds recovered from its BK16 project, in Botswana, was shown to be $197.68 per carat.

Yesterday

Angola wants to open its doors to more Aussie diamond miners

18 june 2018
(stockhead.com.au) - Angola is working to make its diamond sector more appealing to Australian miners. While there is a large number of Australian miners active on the broader African continent, there are just three that have projects in Angola, and only one of those companies – Lucapa (ASX:LOM) – is in diamonds. Up until now Angola has had in place restrictive legislation over diamond operations including not allowing foreign investors to hold a majority stake and a requirement that all diamonds must be sold through a central state-owned government agency. On top of that, the process for repatriating revenues earned in Angola back to Australia has been somewhat long and arduous. However, following the election of a new government in August last year, the country is now seeking more foreign investment in its natural resources, including diamonds.

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