Rating agency ICRA expects India’s diamantaires to witness a demand moderation in FY2023, after a sparkling performance in FY2022, which coupled with firm rough prices would...
New Delhi: Exports of rough diamonds from Russia’s state-owned Alrosa mines have resumed to India, although tensions remain high over such consignments. The exports claim those...
State-owned NMDC on Thursday said it has conducted an e-auction of 8,337 carats rough diamonds produced at its Panna diamond mines in Madhya Pradesh. In a...
Sanctions imposed by the United States and European nations on Russia and consequently, on Alrosa, Russia’s biggest diamond miner, will have a bearing on the growth...
If you have been wondering what’s causing the extreme price variation in diamond prices, this could interest you! The diamond cutting suppliers have been witnessing a...
AHMEDABAD: It is uncertain times for diamond merchants of Gujarat. The world’s largest rough diamond mining company Alrosa is based in Russia. As a result, the...
Dubai: DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today hosted its flagship Dubai Diamond Conference...
Surat: Manufacturers of diamond jewellery are facing a tough time owing to a steady hike in diamond prices daily. Industry experts claim that the prices have...
Alrosa’s sales reached their highest level since July amid continued strong demand in the diamond-jewelry market. The miner sold $334 million in diamonds in November, a...
The sharp increase in rough diamond prices is adversely impacting the diamond workers of Surat, Diamond exporters reduced purchases of rough diamonds owing to high prices,...
Rough diamond prices have risen about 10% owing to supply concerns amid a new Covid-19 variant, Omicron, spreading in South Africa and Botswana. These two nations...
Mumbai: In line with the current government’s focus on “minimum Government and maximum governance,” by easing the procedures of doing business in India, Govt. of India...
State-controlled Russian diamond producer Alrosa (ALRS.MM) on Thursday said recovering sales helped it to more than triple third-quarter net profit to 25 billion roubles ($354 million)....
Diamantaires in Surat have extended the Diwali vacation to 21 days this year from a week or 10 days in earlier years due to the rising...
The Madhya Pradesh government has initiated the process of setting up a diamond cutting and polishing park in the State’s Panna district, which has a vast...
India’s diamond trade is facing a shortage of rough diamonds worth $350-500 million ahead of the upcoming holiday season sales in the overseas markets, said industry...
De Beers sold more than $1.6 billion in rough gems in its first three sales of 2021, the most since 2018.
De Beers sold US$450mln of rough diamonds in its third sales cycle of 2021, revised upwards from its provisional figure of US$440mln, and US$56mln in its...
MUMBAI: The overall gems and jewellery exports declined by 25.71 per cent to Rs 1,85,952.34 crore during 2020-21, compared to the previous financial year, on account...
February 23, 2021New York, NY.Nano InnovatorHoldings(NIH) today announced the completion of its prototype platform for end-to-end identification of rough to polished mined diamonds, as well as...
Diamond jewellery demand will recover to pre-pandemic levels between 2022 and 2024, with China leading the way, a report commissioned by the Antwerp World Diamond Centre...
De Beers raised diamond prices for the first time since the outbreak of global pandemic, signaling growing confidence in a rebound for the struggling industry. Prices...
The DMCC – a Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced that it has successfully hosted the largest rough...
Luanda, 17 December 2020: SODIAM has received interest from 5 global tender and auction houses related to the development of these services in the soon to...
The world’s natural diamond market all but shut down at the start of the Covid-19 pandemic. More than eight months later, experts say the market is...
Surat: It seems the coronavirus pandemic has not dimmed the liking of the diamond connoisseurs in Uncle Sam’s land. At a time when the export of...
A face to reckon with, Ana de Armas has become the face for Natural Diamond Council. The latest Bond girl opens up about the association, what...
GJEPC Chairman is seeing “multiple reasons to be optimistic about the holiday season ahead” In an interview with Rough & Polished, Colin Shah, Chairman of The...
The resurgence came in the same week that Tiffany said its monthly jewellery sales improved, adding to optimism the entire industry is rebounding For the past...
Optimism of a rebound will bring relief to a supply chain that’s been paralysed since the pandemic hit London FOR the past six months, the global...
The second online edition enables traders to buy and sell diamonds in a virus-free environment The Antwerp World Diamond Center (AWDC) and the Israel Diamond Institute (IDI) will...
Banks in the UAE should drop the high fees they impose on jewellery retailers for all credit and debit card transactions, gold industry sources say. Given...
The world’s biggest producers are sitting on a mountain of precious stones as they hoard inventory to maintain prices. In almost 130 years of its existence,...
Diamond manufacturing and trading activities in Surat remained closed on Tuesday to mourn the death of Arunkumar Mehta, 80, owner of diamond company — Rosy Blue...
The angadia, who has an office in the BDB , shuttered it on Wednesday noon , well before normal closing hours, and has been incommunicado since,...
Being the world’s largest diamond processing hub, India imports around 95 per cent of rough diamond mined globally for processing in local units After nearly two...
DUBAI: The lab-grown diamonds have the potential to revive India’s struggling diamond industry, an Indian-origin business executive has said. Around 10 per cent of the diamond...
Surat: Amid worries of rough diamond prices going up and diamond manufacturers in Surat reeling under severe recession, the Kimberley Process (KP), global watchdog of the...
Mr. Dinesh Lakhani has been a part of the diamond industry since the ripe young age of 17. His early years were spent in learning and...
De Beers’s diamond sales plunged to the lowest since 2017 in the company’s latest offering, underlining a slump in the industry worldwide. Sales by the Anglo...
Kolkata: Russia’s major diamond mining firms including Alrosa have urged India to amend consumer laws on synthetic diamonds so that there is clarity on the quantity...