
Rio Successfully Operates Business through COVID-19
Perth: Rio Tinto has continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner

Perth: Rio Tinto has continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner

(By Vasant Mehta): The most proper and simple word to describe the past seven odd weeks would be the word “different.” The current experience is

Harare: Zimbabwe Consolidated Diamond Company (ZCDC) board members have resigned en masse in protest against parent ministry decision and modus operandi. Amongst other issues was

Mumbai: India’s diamond polishing revenue is set to plunge next year from $24bn in 2019 to as little as $13bn in fiscal 2021, according to

Mumbai: India’s diamond cutting and polishing hub located in Surat is hard hit following the worst crash in polished diamonds prices in the international market.

Mumbai: India’s gross exports of cut and polished diamonds (CPD) have gone down heavily by more than 40% in February 2020 because of the Covid-19

Antwerp: The Kimberley Process (KP) has summed up global rough diamond production for 2017, saying production jumped 19% to 151 million carats last year. Production jumped 29%

New York: The Federal Trade Commission (FTC) has expanded its definition of “diamond” to include those grown in a laboratory, as part of several changes

Harare: Zimbabwe conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less

Mumbai: Diamonds are set to slump further, according to a hedge fund whose bet on marijuana made it the world’s best performer in 2016. Prices
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