August 7, 2011

India trade show okay for diamonds, strong for jewelry

Indian diamond dealers maintained a positive outlook for the market despite softer than expected loose diamond trading at the India International Jewellery Show (IIJS) as finished jewelry sales were strong.…

August 7, 2011

Stock Market Fallout: What Does it Mean to Us?

The sharp fall at stock exchanges around the world gives the impression of a major sign of an economic crash, something that may greatly harm the diamond and jewelry industry…

August 6, 2011

Research and Markets: Production and Investment Forecasts in the Namibian Mining Industry: Uranium Set to Overtake Diamonds as Namibia’s Largest Foreign Currency Earner

Research and Markets (http://www.researchandmarkets.com/research/5cb789/production_and_inv) has announced the addition of Frost & Sullivan's new report "Production and Investment Forecasts in the Namibian Mining Industry" to their offering. This research

August 6, 2011

Strong Jewelry Orders, Diamond Sells Fair at IIJS

The halls of the IIJS fair ground are full this weekend. Buyers, predominantly Indians, are showing great interest in the diamond jewelry offerings and jewelers' booths are full.

August 5, 2011

Rio Tinto Diamonds posts $10m loss for H1

Rising rough diamond prices were not enough to keep Rio Tinto's diamond operations profitable. Lower production and increased costs eroded Rio Tinto Diamond's bottom line in the first half of…

August 5, 2011

Botswana world’s top diamond producer in 2010

The Economic Times reports Botswana is the world’s biggest rough diamond producer by value in 2010. According to statistics release by the Kimberley Process, a UN certified scheme, despite Russia…

August 5, 2011

Uranium set to overtake diamonds as Namibia’s largest foreign currency earner

According to a new report by Research & Markets high uranium prices, paralleled by growing global demand for energy, will result in Namibia doubling its uranium production to approximately 12,000…

August 5, 2011

NUM and De Beers sign deal

A wage agreement between De Beers Consolidated Mines and the National Union of Mineworkers (NUM) has been signed, the diamond producer said on Thursday.

August 4, 2011

‘Queen of Diamonds’ departs Stornoway

Eira Thomas, the renowned diamond geologist whose spectacular success in the diamond exploration game earned her the moniker 'Queen of Diamonds', has resigned from the company she helped found, Stornoway…

August 4, 2011

Forevermark will launch in the U.S. this fall

De Beers diamond brand Forevermark will officially launch only later this year, however the company is already holding events to promote the brand in the world's largest diamond market.