Diamond

March 21, 2012

India increases rough diamond intake

A rise in rough diamond imports by India took place in February. India imported $1.33 billion worth of rough diamonds, increasing 21.3 percent, based on provisional figures published by the…

March 21, 2012

Tiffany posts 18% sales growth in 2011

American luxury retailer Tiffany & Co. reported double-digit sales and earnings growth for fiscal 2011, ended January 31, 2012. Net sales rose 18 percent to $3.6 billion and net earnings…

March 20, 2012

Nicky Oppenheimer receives lifetime achievement award

In recognition of Nicky Oppenheimer’s enormous contribution to the world diamond industry – and the Israeli industry in particular – the Israel diamond industry Tuesday night presented the chairman of…

March 20, 2012

Gem Diamonds 2011 net profit up 213%

Gem Diamonds Limited announced on Tuesday that its revenue for 2011 increased 49 percent to $396 million in 2011. The company’s net profit totalled $68 million, up a massive 235…

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