DelGatto launches first-ever ‘Online Finance Platform’ on IDEX Online

The DELGATTO Diamond Finance Fund (DDFF) launched the diamond industry's first ever online finance platform, on IDEX Online on 26 May 2020.

Today

Lucapa advances Lulo kimberlite exploration project

Lucapa Diamond is making progress on its kimberlite exploration programme in Angola, which seeks to identify the hard-rock sources of exceptional alluvial diamonds mined along the Cacuilo River at Lulo.

Today

WFDB launches digital campaign to promote Get Diamonds to retailers

The World Federation of Diamond Bourses (WFDB) is launching an international digital marketing campaign to introduce Get Diamonds to jewelry retailers.

Today

SA mines record 320 COVID-19 cases

South Africa’s mining industry has recorded 320 cases of Covid-19 as the industry prepares to operate at full capacity from June 1, according to media reports citing the Minerals Council.

Today

AGD DIAMONDS issues a report on development prospects for 2019 in line with GRI standards

AGD DIAMONDS has issued its second Sustainable Development Report for 2019 on May 26. The Sustainable Development Report for 2019 is a non-financial report of the Company.

Yesterday

Holiday retail sales could climb 5% despite ‘unprecedented uncertainty’

04 october 2019
(cnbc.com) - Retailers could be in for a jolly jump in sales this holiday season, despite headwinds like the U.S.-China trade war and the threat of another economic slowdown. Holiday retail sales for 2019 are forecast to increase 4.5% to 5%, exceeding $1.1 trillion, according to an annual survey by Deloitte. That would be better than the Census Bureau data of sales growth of 3.1% on sales of $1.09 trillion from last November to January. “I think this will be a surprise for our clients,” said Rod Sides, vice chairman of Deloitte’s retail and distribution practice in the U.S. “I think most [retailers] would expect a slightly lower increase. ... This is probably bigger than those expectations.” A separate forecast by global consulting firm AlixPartners is calling for holiday sales growth of 4.4% to 5.3%.