RJ Market Watch
Diamantaires May Buy 12 mn Carats of Rough From Zimbabwe
Diamantaires have set their eyes on Zimbabwe for importing rough diamonds to Surat. The government of Zimbabwe recently commissioned diamond exploration in 8,800 square kilometre area, which could possibly have a large diamond deposit.
Diamonds mined in Zimbabwe are used by diamantaires, especially small and medium diamond units, in the city to manufacture near gem quality diamond set in wrist watches and bling jewellery. Zimbabwe Government has set a target to produce over 12 million carats of diamonds per annum, industry sources said.
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Wide Angle1 month agoIndia has overtaken China to become second largest diamond market: De Beers CEO Al Cook
- Daily News1 month ago
US-based private equity firm Advent International to acquire Orra Fine Jewellery, say media reports
- Wide Angle1 month ago
Eminent jeweller Viren Bhagat sets up first global boutique in London’s Mayfair
- Daily News1 month ago
Limelight Lab Grown Diamonds secures $ 11 million in funding to fuel its retail growth
