Posts by IDEX Online:

Signet Q2 sales up 11% to $797.6 million

Signet Jewelers Limited reported a 10.8 percent increase in sales to $797.6 million in the second quarter. Same store sales at the world's largest specialty retail jeweler popped 9.9 percent in the period.
IDEX Online | August 25, 2011 | 6:29 pm

32.7 carat vivid yellow diamond expected to fetch $6 million

A 32.77 carats fancy vivid yellow diamond will be offered at Christie’s Magnificent Jewels auction in New York on October 18. The diamond is expected to find a buyer willing to pay more than $6 million, the auction house believes. According to Christie’s, the diamond's color is highly saturated. “The vivid yellow literally blazes with color, unlike any yellow diamond I’ve ever seen,” said Rahul Kadakia, Christie’s Head of Jewelry for Christie’s Americas.
IDEX Online | August 25, 2011 | 5:16 pm

BHP diamond revenues +12 pct

BHP Billiton, owner of the Ekati diamond mine, reported revenues of $1.01 billion from diamond sales in the fiscal ear ending June 30, 2011, a 12.1 percent increase from the previous year.
IDEX Online | August 24, 2011 | 7:34 pm

Namdeb strike leads to legal action, lockouts

Namdeb is initiating legal action against a number of union officials and unionized workers. The step is the latest in a deteriorating battle between the diamond-mining firm and a group of employees.
IDEX Online | August 22, 2011 | 8:08 am

Rio Tinto Diamonds Going for Design

Rio Tinto Diamonds is launching a design competition. The competition is aimed at inspiring creativity and innovation across four categories of diamond jewelry design.
IDEX Online | August 11, 2011 | 10:02 am