Diamonds
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De Beers, Alrosa step up investment programmes
The world’s largest diamond producers are aggressively investing in new technologies, infrastructure upgrades and geological exploration to build up their production capacities.
DMCC: Gateway to the global diamond trade
Dubai, through its commodities trading hub – the Dubai Multi Commodities Centre (DMCC) – has firmly established itself as one of the world’s key diamond trading centres
Rio Tinto reports strong diamond production
Australia-based miner Rio Tinto announced that its second-quarter diamond production reached 4.696 million carats, up 23 percent from the same period last year. This pushed first-half production to 8.851 million carats, an increase of 18 percent from 7.482 million carats in 2014.
Mountain Province reports progress in Gahcho Kué diamond mine
Mountain Province Diamonds Inc recently said that development of its Gahcho Kué diamond mine is progressing according to plan, with the project having achieved 62 percent completion at the end of May this year.
Rio Tinto launches new diamond fashion jewellery designs
Rio Tinto Diamonds has been on the ground in the Chinese market for five years, bringing global jewellery trends to meet the evolving appetite of Chinese consumers.
De Beers’ rough diamond sales for beneficiation up 11% in 2014
The De Beers Group of Companies reported that its total rough diamond sales for local beneficiation purposes increased 11 percent to $1.56 billion in 2014, according to the company’s 2014 Report to Society.
Stellar reports strong revenues from Baoulé diamond auction
Stellar Diamonds Plc raised $505,000 from a recent sale of diamonds mined from its 75 percent-owned Baoulé kimberlite pipe in Guinea.
Dominion reports higher Q1 FY16 sales
Dominion Diamond Corporation (DDC) reported strong first-quarter sales for fiscal year 2016 despite a slow market. DDC said sales from February to April reached $187.7 million compared to $175.5 from the same period last year.
Rio Tinto completes sale of Murowa Diamonds, Sengwa Colliery Ltd
Rio Tinto has finalised the sale of its 78 percent stake in Murowa Diamonds and 50 percent interest in Sengwa Colliery Ltd to RZ Murowa Holdings Ltd.
Diamond industry addresses key issues at Presidents’ Meeting in Tel Aviv
The need to bring back the consumer’s desire for diamonds and reviving consumer confidence in diamonds and diamond jewellery are among the most important issues impacting the global diamond trade, industry leaders said at the 2015 Presidents’ Meeting led by the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) in Tel Aviv in June.
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