External Factors Pull ALROSA’s 9M Revenue Down 16%, Profit Down 47%
PJSC ALROSA released its financial results for the quarter ended September 30, 2017 (Q3) and for the first nine months of the year (9M), reporting a dip in both profits and revenue on account...
DPA to Launch Marketing Campaign in India; Spend of US$ 7 Mn in Year...
Diamond Producers Association (DPA) CEO Jean-Marc Lieberherr announced at an exclusive briefing for the gems and jewellery trade press in Mumbai yesterday that the organisation would be launching a diamond generic marketing campaign...
India’s G&J Exports Down 22% in October
India’s overall exports from the gem and jewellery sector during the month of October registered a year-on-year decline of 22.36% to US$ 3.23 billion, as polished diamond exports slipped by 23.33% to US$ 1.93...
‘You can’t compare gold with diamonds’
The Diamond Producers Association (DPA), an alliance of leading diamond miners like Alrosa, DeBeers, Rio Tinto, etc., has come to India to promote diamonds primarily among upper socio-economic class couples a few years into...
Koin International to Tender Exceptional 476 Ct ‘Meya Prosperity’ Diamond from Sierra Leone
Meya Mining Ltd has appointed Koin International DMCC as the marketing and sales agent of the exceptional 476 carat diamond discovered at the Meya deposit in the Kono District of Sierra Leone. The diamond...
GIA’s “Retailer Lookup” Gains Popularity; 7,500 Retailers Registered So Far
Consumers looking for assurance and quality when shopping for diamonds, have one more tool to guide them. GIA’s “Retailer Lookup” is now available to help them search for retailers stocking GIA (Gemological Institute of...
Mountain Province Reports Q3 Income at C$ 28 Mn; 9M Recovered Grade 28% Above...
Mountain Province Diamonds Inc reported a net income of C$27.7 million for the three months ended September 30, 2017, while stating that the average recovered grade of approximately 2.07 carats per tonne from the...
Sarine Swings to a Loss in Q3 2017 with Revenues for the Period Plunging...
Sarine Technologies Ltd announcing its financial results for the third quarter and nine months ended 30 September 2017, reported a fall of 15% for 9M 2017 with revenues touching US$ 45.7 million.
“The decrease was...
Gemfields’ ruby auction generates US$55 million
Coloured gemstone specialist Gemfields plc raised US$55 million from the sale of Montepuez rubies in Singapore from November 6 to 10, Pallinghurst announced recently.
A total of 76 lots comprising of rubies extracted by Montepuez...
AWDC chief reaffirms commitment to Kimberley Process
The head of the Antwerp World Diamond Center (AWDC) has reiterated his support and commitment to the Kimberley Process (KP) as an effective tool in preventing conflict diamonds from infiltrating the legitimate supply chain.
Speaking...
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ISGJ Jewellery College & Lexus SoftMac Creates 10.07-Carat Brown Diamond Sculpture of Deputy CM...
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