July 3, 2011

IDEX Online Research: Polished Diamond Prices Soar by 5.2% in June

Global polished diamond prices rose sharply during the second half of June, and are showing no signs of a pull-back. The price increases were driven by wide consumer demand and…

July 3, 2011

One Week Left to Apply for a DTC Sight

The Diamond Trading Company (DTC) on Friday advised all applicants for the DTC’s 2012-2015 Supplier of Choice contract period that there is just one week left to submit their completed…

July 3, 2011

Indians Required To Furnish Tax Details in High-Value Jewelry Purchases

Indians will have to quote their income tax Permanent Account Number (PAN) if they buy jewelry worth more than $11,220 (Rs. 500,000) as of Friday.

July 2, 2011

Botswana Diamonds stays upbeat on exploration programme

Botswana Diamonds (LON:BOD) issued a mixed update on its exploration activities in Botswana but believes there are enough positives for it to press ahead with work aimed at furthering the…

July 1, 2011

Sierra Leone diamond miner secures funding for $150m expansion

Sierra Leone’s largest diamond-mining company, Koidu Holdings, says it has secured funding for the $150-million expansion at the Koidu kimberlite project and implementation is gaining momentum. CEO Jan Joubert reports…

July 1, 2011

Botswana Diamonds update exploration activities

During a review of earlier work on AK9, prior to beginning the bulk sampling, it was discovered from an analysis of micro diamonds that a potential high grade kimberlite could…

July 1, 2011

Russia, Yakutia region to reduce combined stake in Alrosa

Russia and the Yakutia region plan to reduce their combined holding in the Alrosa diamond miner to 50 percent plus one share during the next three years, deputy finance minister…

June 30, 2011

IDI office in Hong Kong gets new MD

The Israel Diamond Institute Group (IDI) representative office in Hong Kong, IDI – Asia Pacific, has a new managing director. Michal Gordon-Keret replaces Orly Yaffe, who opened the office in…

June 30, 2011

Christie’s to exhibit Elizabeth Taylor’s jewelry prior to its gala sale

Her love for jewelry was so celebrated, Christie's decided to hold a gala Evening Sale of Elizabeth Taylor's most magnificent jewels. The auction house plans a series of public exhibitions…

June 29, 2011

Star sells Rio’s sparklers to China

Most Australians have never heard her name, but WA's biggest diamond producer hopes Hong Kong celebrity Louisa So Yuk Wa will help launch it into one of the world's fastest-growing…