Diamond Miners Form Organization to Support Sector Development
Rapaport reported that major diamond companies have created an organization aimed at supporting development in the diamond sector. That support will include engaging in category marketing.Continue...
View ArticleDiamond Miners Form a Global Consortium
Australian Mining reported that world’s major diamond miners have come together to form a global consortium.Continue reading...
View ArticleScientists Examine Diamonds Formed in Space
The BBC reported that a new study published in the journal "Geochimica et Cosmochimica Acta" shows that diamonds can form in outer space and fall to Earth. To find that out, scientists looked at...
View ArticleIndia’s SNZ for Rough Diamond Imports to Begin July 1
RAPAPORT reported that India's gems and jewelry industry has received the government's approval to establish a Special Notified Zone (SNZ) at the Bharat Diamond Bourse (BDB) in Mumbai for the import,...
View ArticleAWDC, DAC Sign MOU
RAPAPORT reported that The Antwerp World Diamond Centre (AWDC) and the Diamond Administration of China (DAC) have signed an MOU that reinforces cooperation between the two diamond centers.Continue...
View ArticleMay a Stable Month for the Diamond Market
Rapaport reported that the diamond market was stable in May as prices for some polished diamonds were supported by reduced supply.Continue reading...
View ArticleBotswana Diamond Facilities Facing Cutbacks
Mining Weekly reported that two diamond cutting and polishing factories in Botswana have closed down. More than half of such facilities in the country have had to "retrench and downsize."Continue...
View ArticleALROSA Expects Diamond Price to Improve by Year End
Reuters reported that Russia's ALROSA (MCX:ALNU) has lowered its diamond prices by 6 percent so far in 2015. However, it expects prices to rise by the end of the year.Continue reading...
View ArticleDiamond Industry Organizations Formulate Policy on Color Grading Standards
RAPAPORT reported that a new policy issued by various industry organizations would result in members of the diamond trade to face arbitration for dealing in diamonds with a color grade that differs...
View ArticleDiamond Industry Facing Problems Across the Board
Reuters reported that the diamond industry is facing a number of problems. For instance, the family businesses that make up the global diamond trade have taken a hit in terms of profits, while diamond...
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