Mumbai Polished Market Shows Signs of Cooling

The Mumbai polished diamond market is showing some signs of cooling down after the burst of activity and strong prices prior to the Hong Kong show. One of the reasons for the current situation is liquidity concerns.

IDEX Online | July 13, 2011 | 5:47 am

U.S. Imports Record $2.5 Billion of Polished in May

The U.S. imported $2.52 billion worth of polished diamonds in May, a record high level of monthly polished imports for the country. The imports, shooting up by 56% year over year, highlight growing retail demand.

IDEX Online | July 13, 2011 | 4:54 am

Rio Tinto diamond project wins social awareness award

Rio Tinto has received an award for its significant work in building social capacity in communities surrounding its developing Bunder diamond project in India, the miner reported Monday.

IDEX Online | July 11, 2011 | 5:40 pm

Rio Tinto Diamond Project Wins Social Awareness Award

Rio Tinto has received an award for its significant work in building social capacity in communities surrounding its developing Bunder diamond project in India, the miner reported Monday.

IDEX Online | July 11, 2011 | 8:48 am

Ontario Mace Makes Historic Home Mine Visit

The ceremonial mace from the Ontario Legislature came full circle recently when it visited the De Beers Canada Victor Mine in northern Ontario, the place where the two diamonds set in the mace were mined. The mace was on display during the mine's shift...

IDEX Online | July 11, 2011 | 4:37 am

Namibia’s diamond production slides 9%

Namibia's diamond in the first five months of 2011 totaled 528,333 carats, declining 8.9% compared to last year, according to Ministry of Mines and Energy figures released by broking firm IJG on Friday and quoted by Reuters.

IDEX Online | July 10, 2011 | 9:22 am

William and Kate visit Yellowknife, get Diavik diamonds

Polar bears were the theme of the diamond jewelry items presented to the Duke and Duchess of Cambridge during their visit to Canada's Northwest Territories. The newlyweds received a set of diamond pave cufflinks modeled after the polar bear logo of the NWT Government, and a diamond pave brooch also in the shape of the North's iconic bear.

IDEX Online | July 9, 2011 | 11:21 pm

Indian Temple’s Treasure Estimated at $24 BN & Counting

A treasure of gold, jewelry and diamonds worth over $24 billion by some estimates has been unearthed from the vaults of a temple in India. Image is from YouTube news report on the same story.

IDEX Online | July 6, 2011 | 2:49 am

New Logo Repositions Gitanjali in Luxury Lifestyle Space

Bollywood actress Katrina Kaif recently unveiled a new corporate logo and colors for multi-brand jewelry and lifestyle retailer Gitanjali Group. The new logo is a reflection of the group’s move further downstream from its diamond manufacturing roots, the company said. Image of Katrina Kaif at the Nakshatra jewelry launch in 2008 is from www.bollywoodhungama.com

IDEX Online | July 5, 2011 | 8:58 am

China’s Largest Bank Joins Diamond Financing in Antwerp

ICBC, the world’s largest bank, is interested in financing diamond transactions, according to a memorandum of understanding it recently signed with the AWDC. The first such financing is expected to take place before the end of 2011.

IDEX Online | July 5, 2011 | 4:34 am

Israel’s polished diamond exports +34% in H1

Israel’s net polished diamond exports totaled $4.3 billion in the first six months of 2011, growing 33.9% year-over-year, according to the country’s Ministry of Industry.

IDEX Online | July 4, 2011 | 1:52 pm

Israel’s Net Rough Trade $4.55 Billion in H1

Israel’s rough diamond trade leaped by nearly 40% in the first six months of 2011, according to figures released by the country’s Ministry of Industry.

IDEX Online | July 4, 2011 | 10:03 am

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