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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

De Beers enjoys strong diamond sales despite economic uncertainty

27 june 2018

(businesslive.co.za) - De Beers has reported strong diamond sales in the face of global economic uncertainty and the looming threat of the synthetic gem market. On Tuesday, the Anglo American subsidiary and the world’s largest diamond producer reported its latest provisional rough-diamond sales numbers — the fifth sales cycle for the year — of $575m. This is a 6% increase from the $541m in sales realised in the fifth sales cycle in 2017, and it is 3.7% higher than the $554m in sales from the fourth cycle, which occurred in May this year. "Sentiment in the diamond industry’s mid-stream is positive following the JCK Las Vegas trade show [the jewellery industry’s premier trade show] at the start of the month," said De Beers CEO Bruce Cleaver in a statement. Diamond consultant John Bristow said that while commodities on the whole have taken a big knock, largely thanks to the threat of US President Donald Trump’s trade war, the diamond business has escaped these impacts and "is ticking along quite solidly and with a good outlook".

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