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…
March 20, 2012 Hasenfeld-Stein launches re-cutting program for recycled diamonds n a bid to help jewelers increase their profits, diamond manufacturer Hasenfeld-Stein recently announced the launch of its diamond re-cutting program. The web-based program enables retail jewelers to send stones…
March 19, 2012 Rockwell restructures BEE deal, acquires new mine TSX- and JSE-listed Rockwell Diamonds on Monday reported the successful completion of “robust” negotiations with black economic-empowerment (BEE) partner Africa Vanguard Resources (AVR) following a restructuring of the deal.
March 18, 2012 Zimbabwe orders mining firms to bank locally: paper Mines Minister Obert Mpofu told the Sunday Mail that cabinet last week had decided to tell mining companies to bring back earnings from their Zimbabwe operations which were deposited in…
March 16, 2012 Lukoil Said to Spend $1 Billion to Open Diamond Mine Next Year OAO Lukoil (LKOH), Russia’s largest non- state oil producer, plans to start a diamond mining project next year after investing about $1 billion in a possible challenge to OAO Alrosa…
March 15, 2012 Firestone Diamonds announces results and management changes Firestone Diamonds plc announced a financing through Mirabaud Securities LLP to raise £14.7 million before expenses as part of the restructuring of the company and further development of its Liqhobong…
Silver price whipsaws again as thin liquidity fuels wild swings Spot silver was up more than 7% to about $76 an ounce by mid-morning in New York on Friday, having earlier tumbled toward $64. February 06, 2026 | 01:23 pm
