Petra Postpones 380,000-cts Tender amid Midstream Slowdown
Petra Diamonds today said it had postponed its June tender of 380,000 carats, in a further indication of a midstream slowdown.
The UK-based miner reported a sharp drop in sales at its May tender -...
Gemfields: Jaipur Emerald Auction Nets US$ 14.5 Mn; ‘Reviewing’ Palinghurst Takeover Offer
Gemfields plc has announced that it generated revenues of US$ 14.5 million from the auction at Jaipur held from May 15-18, 2017, of predominantly commercial quality rough emerald extracted from the Kagem mine in...
ALROSA Co-Organises Session on Diamonds at Russia-Africa Economic Forum
At the Russia-Africa Economic Forum being held over October 23 and 24, 2019 in Sochi, Russia, in conjunction with the Russia-Africa Summit, ALROSA co-organised a session on ‘Russian-African Collaboration in the Diamond Industry’.
“Russia and...
Gems, jewellery urges govt to reduce gold duty to 4%
The 10 percent duty on gold was levied to curb current account deficit (CAD), however, the country's trade deficit narrowed more than expected to USD 12.96 billion in June, he said.
Looking to give a...
ALROSA’s Dubai diamond auction brings in $8.91 million
Moscow, April, 2019.- ALROSA, the world's largest diamond miner, reviews the results of the diamond auction in Dubai, the UAE. The total revenue from the sale of special size diamonds (+10.8 carats) exceeds $8.9...
Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline
Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond...
Astley Clakre wins sales with personalised marketing messages
British jeweller Astley Clarke has bolstered business by transforming its online marketing.
Partnering with marketing platform, Emarsy, the luxury jewellery brand has used artificial intelligence (AI) solutions to increase revnues through enhanced customer engagement.
With more...
Dharmanandan Diamonds to Launch 11 Special Cuts, Including Sirius Star Diamonds, at HK Show
Dharmanandan Diamonds (DDPL) will be launching the latest of its Special Cuts – a range of new Sirius Star diamonds, at the September Hong Kong Jewellery & Gem Fair. The entire range of the...
GJEPC Chairman Pramod Agarwal Meets Hon’ble Minister for Commerce & Industry, Shri Suresh Prabhu
The newly elected Chairman of The Gem & Jewellery Export Promotion Council, Pramod Agarwal today paid a courtesy call on the Hon’ble Union Minister for Commerce & Industry, Shri Suresh Prabhu. ...
World’s First 5G Smart Diamond Mine
Debswana yesterday announced details of "the world's first 5G-oriented smart diamond mine project" in conjunction with the Chinese tech corporation Huawei.
By connecting over 260 pieces of equipment at the Jwaneng mine, in Botswana, it...
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