Moscow: ALROSA lowered its guidance for production of rough diamonds in 2016 as the Moscow-based miner plans to reduce accumulated inventory from last year. In
Mumbai: The Reserve Bank of India (RBI) allowed banks to approve clean credit facility given by foreign supplier to Indian importers of rough, cut and
Brussels: Given the importance of diamonds in the trade relations between Belgium and India, Indian Prime Minister personally welcomed members from the Antwerp World Diamond
Mumbai: In a major relaxation in gold deposit scheme, the Reserve Bank of India (RBI) yesterday allowed banks to redeem gold deposited under the scheme
Antwerp: For the past three days a delegation of leading jewelers and diamond traders from Kuwait have been getting acquainted with their counterparts in Antwerp,
Dubai: The United Arab Emirates received a shipment from Cameroon, which was declared to the UAE Customs. Upon inspection they noticed that the Kimberley Process
Beijing: China’s largest jewelry retail chain, Chow Tai Fook, is spreading its wings further afield and is aiming to expand more broadly into retail in
Gaborone: Botswana Diamonds, which is currently exploring for diamonds in Botswana, recorded a £274,000 loss during the six months to 31 December 2015 from £174,000
Dubai: Kimberley Process (KP) chairman UAE has sponsored an initiative aimed at standardizing rough diamond prices, due to be launched later this year, according to
Moscow: The ALROSA Supervisory Board has approved the recent decision to open a branch in Vladivostok, as the company seeks to capitalize on rough and
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