De Beers Ups Marketing Spend to US$ 140 Mn – Highest Since 2008
In a move that will bring much cheer to the diamond industry, the De Beers Group announced that this year it will invest more than US$ 140 million in marketing. This will be the...
World’s First Diamond Derivatives Exchange ICEX Launched in India
Indian Commodity Exchange Limited (ICEX) created a history of sorts yesterday when it went live with the world’s first Diamond Derivatives Exchange.
“ICEX commenced operations with the launch of Diamond Futures, which will be the...
Two of Mumbai’s Leading Diamond Companies Are in Financial Free Fall
Indian news outlets Mumbai Mirror and Times of India reported on Friday that two of Mumbai’s leading diamond exporters and manufacturers—Interjewels Pvt Ltd and Ankur Diamonds—are in dire financial straits.
We’re still gathering details on this story as reported (updates may...
Peregrine Completes Three Drill Holes at Chidliak; Expands CH-6 Kimberlite
Peregrine Diamonds Ltd announced that it has completed drilling of three diamond holes at its 100%-owned Chidliak Diamond Project near Iqaluit, Nunavut, Canada. The total number of metres drilled was 1,474.
“Core hole CHI-050-17-DD36 (DD36)...
Alrosa Names Sberbank VP as Sales Head
Alrosa has put veteran banker Evgeny Agureev in charge of its sales division ahead of the miner’s new contract period for rough-diamond buyers, it said Wednesday.
Agureev (pictured) will be the director of the United...
4.03 ct Fancy Intense Blue Diamond to Headline Bonhams London Fine Jewellery Sale
A 4.03 fancy intense blue diamond will be one of the headline items among the 188 lots that will be put up for sale at the Bonhams London Fine Jewellery Sale on September 20,...
Botswana’s H1 Rough Diamond Production Dips 8.5% Y-o-Y
Rough diamond production at the major mines in Botswana dipped by 8.5% in value during the first six months of 2017 as compared to the same period a year earlier, according to statistics released...
ICEX Sees Brisk Trading in Mock Session For Diamond Futures
Reports in the Indian media say that ICEX, which had recently got SEBI permission to trade in Diamond Futures contracts, has completed a week of mock trading in a run up to opening up...
India’s Polished Diamond Exports Remain Flat in July
Surat: Diamantaires in Surat may be facing liquidity crisis and defaults, but this has not affected export-import of Indian diamond industry.
Gems and Jewellery Export Promotion Council (GJEPC) figures show that the export of polished...
Costco Ordered to Pay Tiffany $19M-Plus in Trademark Lawsuit
New York--A federal judge has ordered Costco to pay Tiffany & Co. $11.1 million in damages plus, interest, in addition to the $8.25 million a jury awarded Tiffany last year in its trademark infringement...
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