ALROSA to allocate 100% of free cash flow for second half-year of 2018 for dividends

Annual General Meeting of Shareholders of PJSC ALROSA decided to allocate 100% of free cash flow for the second half-year of 2018 for the period-end dividend – RUB 30.3 billion.

Today

De Beers diamond sales continue to weaken

De Beers’ diamond sales continued on a downward trajectory as demand remains weak, while supply for smaller and cheaper stones, is high putting pressure on polished prices.

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India’s cut and polished diamond exports down by 15.12% in May

India’s exports of cut and polished diamonds decreased by 15.12% year-on-year during the month of May 2019 according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

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Dubai Diamond Conference to focus on disruption and technology in the diamond industry

DMCC, the world’s leading free zone for commodities trade and enterprise, will stage the fourth edition of its Dubai Diamond Conference (DDC) on 26 September at the Almas Conference Centre, Almas Tower, Dubai, United Arab Emirates.

Today

Zim diamond workers demand salary increment

The Zimbabwe Diamond and Allied Minerals Workers’ Union (Zdamwu) has requested an urgent meeting with the National Employment Council for the mining industry to consider salary increment as hyperinflation returns to the southern African country...

Today

From the 5th MGJC: how often can you sell a - different - diamond to the same consumer?

22 may 2019
(idexonline.com) - Roman Serov of Octonus (Finland, Russia), a leading diamond technology developer and Dr. Olga Okhrimenko, of Cutwise.com, presented "Diamond Impression -The Key to Sustainable Competitiveness" Dr. Okhrimenko began by asking a set of confronting questions, addressing the challenges retailers face when trying to sell diamonds to consumers, and, not less important, how develop repeat customers and sell them diamonds again and again.