IIJS Premiere 2021 concludes successfully; generates around $6.75 bn business

The 37th edition of IIJS Premiere 2021, the flagship trade show of the Gem & Jewellery Export Promotion Council (GJEPC) of India, held in Bengaluru concluded successfully with the participation of 1,300+ exhibitors and over 21,000 visitors...

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Henan LiLiang Diamond issues public offering; listed on the second board

Henan LiLiang Diamond Co. Ltd issued its initial public offering and was listed on the second board recently as announced by Guangzhou Diamond Exchange (GZDE), an international diamond trading platform serving as a gateway for the diamond industry...

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Gareth Penny, Norilsk Nickel Chairman arrives in Norilsk

Gareth Penny, Chairman of the Board of Directors of Norilsk Nickel arrived in Norilsk to personally get acquainted with the progress of work on the company’s most important projects in the Norilsk Industrial Region (NIR).

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Armenia puts up for sale more than half of valuables from state reserve

On September 24, the Government of the Republic of Armenia approved the sale of the most illiquid valuables stored in the vaults of the State Treasury of Precious Metals and Stones supervised by the Ministry of Finance of Armenia. The auctions will take...

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Caledonia Mining acquires new gold mining project in Zimbabwe

Caledonia Mining has entered into an agreement to acquire the mining claims over the Maligreen project, a property situated in the Gweru mining district in Zimbabwe from Pan African Mining for $4 million.

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De Beers said to cut diamond prices by about 5% as industry crisis deepens

05 november 2019

(bnnbloomberg.ca) - De Beers cut diamond prices across the board as the world’s biggest producer struggles to respond to a widening industry crisis, according to people familiar with the situation. The Anglo American Plc unit lowered prices by about five per cent for its November sale, according to the people, who asked not to be identified as the information is private. The price of some cheaper diamonds, which have been hit hard in an oversupplied market, were cut by double digits, the people said.