
Moody’s Upgrades Alrosa Rating
Moscow: Moody’s Investors Service has upgraded Russian diamond miner ALROSA’s corporate rating while reducing the rating on the probability of default. “The upgrade of ALROSA’s

Moscow: Moody’s Investors Service has upgraded Russian diamond miner ALROSA’s corporate rating while reducing the rating on the probability of default. “The upgrade of ALROSA’s

Exports of cut and polished diamonds in FY16 falls 13.66% G&J exports account for 14.78% of the country’s total exports in FY16 Net imports of

Washington: The US Federal Reserve has kept interest rates between 0.25% and 0.5%, the rate it has held since December. The Fed said while conditions

London: Fresh off the heels of a promising Q1 2016 production and trading update announcing a 26% increase in production and 25% rise in revenues,

Moscow: Russia’s biggest diamond company, ALROSA, and the Moscow Exchange are developing a project to establish trading in investment diamonds and futures (a form of

London: Diamond jewellery demand by US consumers hit a record level of US$39 billion in 2015, according to industry insight data published today by The

Antwerp: With the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA),

Dubai: The Vicenzaoro Dubai was witness to the first VOD JEWELLERY AWARDS 2016, presented to Industry stalwarts. The award was organized by Fierra Di Vicenza

Harare: Zimbabwe’s mines ministry is said to have inked a new deal with the Diamond Mining Company paving way for the Lebanese-owned company to resume

Moscow: After rough diamond prices dropped by 15% in 2015, they will need 1.5-2 years to bounce back, in the opinion of Andrey Zharkov, head
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