Lucapa Diamond cuts debt related to building Mothae mine

Electra Stone (ELT.V), covered in today's Company Snapshot, is the first public company aiming to take this BC jade and market it directly to China.

The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.

There is a difference between investing in diamonds stocks versus gold ones.

Hong Kong billionaire Joseph Lau bought the world's most expensive diamonds for his 7-year-old daughter, in less than 24 hours.

With the changes, Anglo’s chief Mark Cutifani is trying to turn around the company’s fortunes following years during which it has underperformed its peers.

The Argyle Pink Diamonds Tender, known as the ‘Connoisseurs Collection” weighing a total of 44.14 carats and including four Fancy Red diamonds, was internationally popular with winners from 11 countries.

The cycle of unbundling and rebundling.

Richemont reported that revenue rose 15 percent year on year to $6.25 billion (EUR 5.82 billion) for the six months that ended on September 30, on the back of strong jewelry sale figures. The luxury group’s gross margin dropped one percentage point to 65 percent. Still, gross profit increased 13 percent to $4.07 billion.Sales at Richemont’s jewelry brands.

So far in 2015, the state of the global diamond industry has been closely aligned with the posture of the global economy, as it so often is, and should be.