July 18, 2011

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.

July 18, 2011

Mumbai diamond traders warn govt

The Diamond Traders' Association of Mumbai has issued an ultimatum to the police and administration. Pained by the loss of many of its traders in the serial bomb blasts on…

July 18, 2011

Blasts: Diamond trader under scanner

The investigators of July 13 Mumbai serial blasts have been examining the role of a diamond merchant at Opera House who, they suspect, could have helped an Indian Mujahideen (IM)…

July 18, 2011

Despite terrorist attacks, Israeli firms insist on IIJS

Israeli diamond traders, very familiar with terrorist attacks and how it affects business activities, are not wavering from their commitments to furthering ties with their Indian counterparts.

July 18, 2011

IDEX Online Research: bridal market to remain solid for jewelers, but evolving

The jewelry bridal market, which generates upwards of 50% of many mass-market jewelers’ revenues, is a growth market, but changes are afoot, according to a new study.

July 17, 2011

Swatch CEO: ‘Bring us a diamond mine’

"As the fifth-biggest consumer of diamonds, a stake in a diamond mine would be interesting," the CEO of Swatch Group, Nick Hayek told the Finanz und Wirtschaft newspaper on Saturday.…

July 17, 2011

Zimbabwe Chiadzwa diamond fields watchdog rejected by mines minister

Mines Minister Obert Mpofu has rejected the monitor nominated by civil society to oversee operations at the Chiadzwa diamond fields, saying the appointment is null and void. The proposed watchdog…

July 17, 2011

Twelve months of consecutive retail sales growth

June retail sales in the U.S. increased 5.5% year-over-year, based on figures released by the U.S. Commerce Department. This is the twelfth consecutive month of growth, surpassing many analysts’ expectations.

July 15, 2011

Shore Gold says Saskatchewan diamond mine is feasible

Shore Gold announced on Friday the results of a feasibility study done on the Fort a la Corne site near Prince Albert. George Read, senior vice-president of exploration and development,…

July 15, 2011

Lucara says South Africa strike affecting Botswana diamond project

Canada's Lucara Diamond Corp, building the AK6 mine in Botswana, said on Friday strike action in South Africa’s steel sector was delaying deliveries to the project, though it did not…