Diamonds
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Forevermark branches out to three new markets
Forevermark of The De Beers Group of Companies has set foot in Hungary, Thailand and South Korea, effectively expanding its presence to more than 1,700 outlets in 38 consumer markets.
Rio Tinto names new chief executive
Australia-based miner Rio Tinto has named Jean-Sébastien Jacques as its new chief executive beginning July 2016. Jacques is taking the place of company chief executive Sam Walsh, who is retiring from the business.
Diamcor completes system integration at Krone-Endora
Diamcor Mining Inc has completed the initial integration of the Tomra XRT system into the in-field screening operations at the company’s Krone-Endora at Venetia Project.
Lucapa recovers 68.1-carat diamond from Lulo
A 68.1-carat, gem-quality diamond was recently unearthed by Lucapa Diamond Co Ltd from a trial mining area at the Lulo Diamond Project in Angola.
De Beers introduces diamond reselling business in the US
The De Beers Group of Companies has launched the International Institute of Diamond Valuation (IIDV) in the US to provide a diamond jewellery reselling solution that suits the needs of retailers and consumers.
Alrosa expands presence in the Far East
Russian mining giant Alrosa is opening a branch in the Far East aimed at developing the company’s presence in the region.
Industry stakeholders launch Asia Fancy Color Diamond Association
Some of the biggest names in the fancy coloured diamond sector recently established the Asia Fancy Color Diamond Association (AFCDIA), a trade promotion organisation headquartered in Hong Kong whose primary objective is to promote the development of the fancy coloured diamond industry in Asia, with particular emphasis on Greater China.
Industry experts see exciting future for China’s diamond market
Two of the leading voices in the global diamond industry are anticipating China’s diamond market to further flourish over the long term on the back of continued economic growth and an expanding middle class.
Building a strong diamond industry in China
The Chinese diamond industry was not spared from the effects of the global economic slowdown in 2015.
404-carat diamond unearthed at Lulo in Angola
Lucapa Diamond Co Ltd and its partners recently recovered a 404.2-carat diamond from the Lulo Diamond Project in Angola’s Lunda Norte province.
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