Rebecca Foerster Heads ALROSA USA Inc.

ALROSA, the largest diamond mining company in the world, has appointed Rebecca Foerster as President ALROSA USA Inc. Until recently, Ms. Foerster served as Executive Vice President of Strategic Planning and Marketing at New York’s Leo Schachter Diamonds...


Leviev gets back stake in Zambian emerald mine

Israeli diamond billionaire Lev Leviev has regained ownership of a 50 percent stake in an emerald mine in Zambia at the heart of a $50-million dispute, according to a media report.


Stornoway Diamonds stabilises production in Q4

Diamond production of Stornoway Diamonds has stabilised in Q4 after boosting the underground operations at the Renard Diamond Mine in Canada. This might help the company to lift its production guidance 2019, says


Gem & Jewellery Domestic Council to be launched in Mumbai on January 28

A new Gem & Jewellery Domestic Council, an apex body that will bring together all the different segments of the industry within India under a common banner, will be formally launched by the Hon’ble Minister of Commerce & Industry, Shri Suresh...


Namibia diamond trading company appoints new CEO

Namibia Diamond Trading Company (NDTC), a joint venture between the Namibian government and De Beers, has appointed Brent Eiseb as the new chief executive with effect from 1 January, according to local news reports citing the company’s board...


How to Best Use a Credit Card to Buy an Engagement Ring

28 december 2018
( - If you are one of the many people in the U.S. planning to pop the big question this year, you might be wondering how you are going to pay for the engagement ring. According to The Knot, a wedding website, the average amount of money spent on an engagement ring is close to $6,000. You may not spend that much, but even if it is somewhere between $2,000 and $4,000, it will still be a major purchase. If you’re like most people who don’t have that kind of cash lying around, you will probably use a credit card. While that is not ideal, you can make it work to your advantage if you use the right credit card and the right strategy. Short of that, you could end up paying much more for the engagement ring than you wanted.