November 7, 2011

Anglo American mining information technology overhaul in De Beers takeover

ComputerWorld reports Anglo American has said optimising its procurement, asset management, knowledge systems and shared services will be vital in making the most from its $5.1 billion takeover of De…

November 7, 2011

Bidz Jewelry Sales Decline, Earnings Down 7.1%

Online retailer Bidz reported a 7.1 percent decline in net revenues for the third quarter totaling $20.3 million. Bidz.com revenues declined because of lower demand for discretionary items, specifically jewelry,…

November 7, 2011

IDEX Online Research: More Jewelry Stores Open for 2011 Holiday Selling Season

Holiday shoppers will be able to find jewelry more easily this year. There will be about 22,300 specialty jewelers operating stores during the 2011 Holiday Selling Season, up by almost…

November 6, 2011

Anglo American not planning more buyouts: report

Anglo American PLC , which last week bought the Oppenheimer family out of diamond producer De Beers, will not look to buy out minority shareholders in its other African mining…

November 6, 2011

RJC Super Diam Harriet Kelsall Jewellery Design

The Responsible Jewellery Council announced that Super Diam BVBA and Harriet Kelsall Jewellery Design Ltd have achieved certification meeting the ethical, human rights, social and environmental standards as established by…

November 6, 2011

G4S Launches GIA Round-Trip Service

G4S International Logistics on Friday announced 'The Loop', a round-trip service, shipping solution for jewelers shipping to and from GIA's Carlsbad grading lab.

November 6, 2011

GJEPC Working on Road Map for Colored Gemstones Revival

The first-ever Mines to Market conference for colored gemstones wrapped up last week in India’s gem-cutting city of Jaipur. Rajiv Jain and Sanjay Kothari, chairman and vice chairman of the…

November 6, 2011

De Beers Stake Sale Poses no Problem for Industry: GJEPC

The sale of the Oppenheimer family’s 40 percent stake in De Beers to Anglo American posed no problems for the industry, said Sanjay Kothari, Vice Chairman of India’s Gem &…

November 4, 2011

Anglo American pays Oppenheimer family US$5.1 billion for 40% of De Beers

Anglo American (LON:AAL) increased its interested in De Beers from 45% to 85% by buying out the Oppenheimer family for US$5.1 billion. De Beers is looking to Anglo American for…

November 4, 2011

Breaking News: Oppenheimer Cashing Out, Selling De Beers for $5.1 Billion to Anglo American

Anglo American announced that it is buying the Oppenheimer's 40 percent stake in De Beers for $5.1 billion dollars.