Global rough diamond output slides 12% in 2019

Global diamond output eased 12% to 130.3 million carats in volume terms, according to the latest data from the Kimberley Process (KP).
Russia maintained the pole position as it produced 45.3 million carats, which represents 34.73%...

Today

Covid-19: Lesotho opens more border posts to foreign mineworkers

Lesotho, which hosts Lucapa Diamond and Gem Diamonds, has opened up more border posts to foreign mineworkers following a lock-down that was introduced last March.

Today

Diamond miner Kimberley Ekapa Mining renames to Ekapa

South African diamond miner, Kimberley Ekapa Mining (KEM) has changed its name to only Ekapa following the collapse of the joint venture between diamond miners KEM and Petra Diamonds.

Today

Luk Fook Holdings profit dips 42% in FY 2019-21

Luk Fook Holdings (International) Ltd has announced that the overall profit dipped of 42 per cent during the year ending March 31, 2020.

Yesterday

ALROSA’s financing to prevent COVID-19 spread exceeds RUB 500 million

ALROSA's overall spending on countering COVID-19 pandemic amounted to almost 8 mln USD (more than RUB 500 mln), according to a press statement distributed by the company last week. Assistance is provided to public health facilities of the...

Yesterday

NRF: Holiday Retail Sales to Increase 4% This Year

24 october 2019

(nationaljeweler.com) - The National Retail Federation said in early October it expects holiday retail sales to increase between 3.8 percent and 4.2 percent compared with last year. Consumer spending in November and December is expected to total between $727.9 billion and $730.7 billion, excluding sales of automobiles, gas and at restaurants. Online and other non-store sales, which are included in the total, are forecast to increase between 11 and 14 percent to as much as $166.9 billion. This would be a substantial increase from $146.5 billion last year.