De Beers Diamond Jewellers introduced its latest Asian collection in Taipei, drumming up attention with a high profile event that included an award-winning actress and models.
Zale's revenues increased 7.1% to $1.87 billion in the 2012 fiscal year, the company announced. The improved results were not enough to pull the company into profit, posting a $27 million loss.
Rio Tinto is “looking at multiple options" for its diamond business and plans to sell the diamond assets are “well advanced,” according to Chief Financial Officer Guy Elliott.
Dire predictions about a severe decline in Europe’s population over the next several decades have been revised to show that the number of people in the region will drop only modestly – from 740 million today to about 732 million 2050.
The migration of worldwide diamond aggregation in Gaborone, Botswana, which began Tuesday, marks the first phase of the relocation of De Beers’ sales activities to Botswana as part of the sales agreement between the company and Botswana.
Okavango Diamond Company (ODC), the new diamond trading enterprise owned by the Botswana government, today (Monday) announced its interim board with Toby Frears as its first managing director.
Israel's net polished diamond exports were revived in July when compared to June, up 154.9% to $237.3 million. The increase hides however, a bitter truth – the country's exports are declining.
