March 22, 2012 Gem Diamonds divides heavyweight opinion Heavyweight brokers Goldman Sachs and Citi are split on prospects for Gem Diamonds (LON:GEMD). In the blue corner is Goldman, which is upbeat on Gem after the record output last…
March 22, 2012 India’s new tax measures may impact global diamond demand With diamond jewelry demand booming in India, the phenomenal rise of domestic consumption has somewhat compensated for the decline in diamond jewelry demand in the traditional markets, especially the United…
March 22, 2012 DiamondCorp’s CEO ready to speak to financiers after SRK green light Paul Loudon, chief executive of DiamondCorp (LON:DCP), is preparing to talk to banks, project financiers and potential rough diamond buyers. It comes after an independent engineering report gave the green…
March 21, 2012 Metalex discovers another large (18Ha) kimberlite in Angola Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to report that our geological field technician reports that kimberlite has been intersected while core drilling a 18 hectare…
March 21, 2012 India increases rough diamond intake A rise in rough diamond imports by India took place in February. India imported $1.33 billion worth of rough diamonds, increasing 21.3 percent, based on provisional figures published by the…
March 21, 2012 India’s polished diamond imports slashed 80% in February A sharp decline in India’s polished diamond trade in February after an import tax started to be collected. India exported $1.44 billion worth of polished diamonds in February, a 53.7…
March 21, 2012 Tiffany posts 18% sales growth in 2011 American luxury retailer Tiffany & Co. reported double-digit sales and earnings growth for fiscal 2011, ended January 31, 2012. Net sales rose 18 percent to $3.6 billion and net earnings…
March 20, 2012 DiamondCorp Lace mine plans validated by South African consultants African diamond mining and exploration company DiamondCorp Plc., has received validation for its development plan at its Lace mine in South Africa, from SRK Consulting, an independent local consultant.
March 20, 2012 Nicky Oppenheimer receives lifetime achievement award In recognition of Nicky Oppenheimer’s enormous contribution to the world diamond industry – and the Israeli industry in particular – the Israel diamond industry Tuesday night presented the chairman of…
March 20, 2012 Gem Diamonds 2011 net profit up 213% Gem Diamonds Limited announced on Tuesday that its revenue for 2011 increased 49 percent to $396 million in 2011. The company’s net profit totalled $68 million, up a massive 235…
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am
