A Faberge amethyst ring is to be raffled in London with the aim of raising £5,000 for a female to study at Camborne School of Mines (CSM) as part of a wider initiative to encourage more women into the mining profession.
Rio Tinto’s diamonds business has just completed its inaugural rough diamond viewing at the India Diamond Trading Centre in Mumbai’s Bharat Diamond Bourse.
Broad expertise in the field of diamond met in the Namibian capital, Windhoek.
The move marks a key milestone as the diamond company moves from explorer to miner.
For nearly five centuries gemstones have been synonymous with wealth, power, luxury and royalty.
HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.
The loss was also an effect of the depreciation of the Russian ruble against the U.S. dollar and the revaluation of dollar-denominated loans and borrowings.
Death toll has climbed to over 100, and there are at least another 100 still missing.
The emeralds and rubies miner raised $19.2 million from its recent auction in Jaipur, India.
A miserable $400 million down from a high of $4.6 billion in 2012.
‘Congratulations – you are the CEO of the first company in 100 years to recover a stone over 1,000 carats.’
They survived by eating roots, cockroaches and frogs, and drinking drips of muddy groundwater.
Vladislav Zhdanov formerly was in charge of marketing risks management and business model optimization at machine-building holding company Zhejiang Noblelift Equipment JSC in CIS and Eastern Europe.
Electra Stone (ELT.V), covered in today's Company Snapshot, is the first public company aiming to take this BC jade and market it directly to China.
The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.
There is a difference between investing in diamonds stocks versus gold ones.
Hong Kong billionaire Joseph Lau bought the world's most expensive diamonds for his 7-year-old daughter, in less than 24 hours.
A small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the Congo, according to a new report by National Center for Policy Analysis Senior Fellow David Grantham.
With the changes, Anglo’s chief Mark Cutifani is trying to turn around the company’s fortunes following years during which it has underperformed its peers.
The Argyle Pink Diamonds Tender, known as the ‘Connoisseurs Collection” weighing a total of 44.14 carats and including four Fancy Red diamonds, was internationally popular with winners from 11 countries.
The cycle of unbundling and rebundling.
Richemont reported that revenue rose 15 percent year on year to $6.25 billion (EUR 5.82 billion) for the six months that ended on September 30, on the back of strong jewelry sale figures. The luxury group’s gross margin dropped one percentage point to 65 percent. Still, gross profit increased 13 percent to $4.07 billion.Sales at Richemont’s jewelry brands.
Lucara Diamond Corp. is pleased to report revenues of $90.9 million for the quarter with an operating margin of 88% and revenues of $158.6 million for the nine months to September 2015.
So far in 2015, the state of the global diamond industry has been closely aligned with the posture of the global economy, as it so often is, and should be.
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