Natural diamonds have been losing their grounds as ultimate fashion symbol during recent years. Gone are those days when celebrities and younger generation used to
Hyderabad: The perennially drought-hit Mahbubnagar district could well turn out to be another Golconda, once famous as a city where diamonds were sold in heaps
Luanda: Angola’s diamond sales leaped 35 percent year-on-year in the first half of the year to $573 million from the 4.2 million carats sold. Angolan
Gaborone: Mining companies Anglo American and Lonmin are cutting tens of thousands of jobs as commodity prices fall. Anglo said it would cut 6,000 posts
Johannesburg: Market Research said that the global rough diamond production was 131.5 million carats last year, marginally up from 130.5 million carats in 2013. It
Mumbai: India’s diamond manufacturers have decided to cut production by up to 30% to avoid inventory buildup in a slowing market, reports The Economic Times.
Harare: Zimbabwean President Robert Mugabe said his government has managed to obtain information on the diamond sector that had been hidden by De Beers. Speaking
Perth: Rio Tinto recorded a 6 percent increase year over year in diamond revenues grossing $901 million for the year ended December 31, 2014. The
Moscow: This year ALROSA will sell out some of its diamond stock, the amount of unsold diamonds will reduce to 11 million carats from 18
Antwerp: Over the past twelve months, Antwerp clearly confirmed its leadership role in the global diamond trade and remains the preferred partner for diamond trade
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