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Namibia's CPB awards disputed US$21-million diamond deal to controversial firm

Namibia’s CPB awards disputed US$21-million diamond deal to controversial firm

The leading daily The Namibian reported that Namibia's Central Procurement Board (CPB) has awarded an N$300 million contract to Gem Diamonds Namibia to...
Alrosa

ALROSA’s April sales of rough and polished diamonds reached almost $319 million

ALROSA, the world's largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7...
Gujarat diamond industry facing large-scale job issues

Gujarat diamond industry facing large-scale job issues

Sluggish global demand, coupled with the bankruptcy of a few firms, have resulted in large-scale unemployment in the diamond industry in Gujarat, especially in...
LVMH partners with superstar Rihanna on luxury label

LVMH partners with superstar Rihanna on luxury label

Luxury group LVMH has confirmed a partnership with popstar Rihanna, which will include the launch of a jewellery offer. After months of speculation, LVMH has...
Car industry drives up platinum and palladium demand - and prices

Car industry drives up platinum and palladium demand – and prices

A surge in investment buying and higher automotive consumption will underpin a nine percent gain in gross platinum demand in 2019, offsetting weakness in...
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