October 6, 2011 Traders say rough diamond demand has dried up IDEX Online News reports the rough diamond market is in a rut and demand for rough is so limited, that traders are not buying goods, even if offered at 12…
October 6, 2011 Shear Announces the Recovery of 200.85 Carats of Diamonds and Completion of New Geological Model, Jericho Diamond Mine, Nunavut TORONTO, ONTARIO--(Marketwire - Oct. 6, 2011) - Shear Diamonds Ltd. (TSX VENTURE:SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently…
October 6, 2011 Vase steals the show as $19 million Golconda Pink proves too rich even for Chinese blood AFP reports a blue-and-white Ming vase fetched nearly $22 million in Hong Kong on Wednesday, setting a new record at auction for porcelain from the 15th century Chinese dynasty. The…
October 6, 2011 Japan not losing its interest in diamonds Though August tends to be a slow month for polished diamond imports into Japan, compared to last year, imports increased. Japan imported in August 171,733 carats of polished diamonds worth…
October 6, 2011 Belgium’s net polished exports up 5% in September The seasonal dip behind, Belgium's polished diamond exports rebounded in September. Belgium exported 731,221 carats of polished diamond worth $1.64 billion, tripling in value compared to August.
October 6, 2011 Asian shares rise on US data relief; commodities lead surge Asian stocks rebounded strongly Thursday after positive U.S. data provided some relief to investors gripped by the recent turbulence in markets, with regional commodities and oil plays surging.
October 5, 2011 Mining surge to increase DRC’s power deficit The Democratic Republic of Congo would see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry, the country's national…
October 5, 2011 Commodities may rally 20 pct on emerging-markets growth, Goldman Sachs says Commodity prices may advance 20 percent over the next year as growth in emerging markets offsets the impact of the sovereign-debt crisis in Europe and a slowdown in developed economies,…
October 4, 2011 Tough market may prompt small Indian diamond firms to close early With low demand for polished diamonds and pricing uncertainty dogging both rough and polished markets, the smaller diamond cutting and polishing firms in India may close early for vacations —…
October 3, 2011 Why diamonds are nothing like gold MarketWatch takes an in-depth look at the $72 billion global polished diamond trade and finds a distinct lack of pricing clarity and a deeply flawed system that have somehow endured…
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