The diamond industry in Surat, which has encountered a dip in US diamond demand, is now seeking out new markets like the Middle East. GJEPC Chairman Vasant Mehta stated: We are looking away from the US markets. We will spend up to Rs 50 crore a year on promotions in the Middle East which has [...]
Chalice Diamond Corp. declared that the Government of Ontario has signed contracts valued at $421,908 for the purchase of helicopter-borne VTEM system electromagnetic and magnetic data. For full story, click here
Brazilian Mining Corporation declared that a satellite remote sensing study used in advanced multi-spectral exploration has identified with a high probability several diamond ferous kimberlites on property 231. For full story, click here
Tahera Diamond Corp. declared that it will try to raise up to $32 million in an attempt to either reopen its Jericho diamond mine in Canada’s Arctic or sell the asset. For full story, click here
Tahera Diamond Corporation declared that it has entered into a financial advisory agreement with Cormark Securities Inc. in connection with a potential equity or debt financing to raise gross proceeds of between $30 and $40 million to fund the re-commencement of commercial mining operations at the Jericho Diamond Mine, or the direct or indirect sale [...]
As many as 15 contenders for the Surat Lok Sabha seat may soon realise that diamonds are not their best friends. For full story, click here
One can see a unique spectacle: nearly 5,000 small-time diamond merchants sitting and chatting, all in one place. For full story, click here
It is not in just gold imports and scrap gold exports that India is showing its bullion mettle. India has beat global diamond leader Belgium in the export of polished diamonds. For full story, click here
State-owned commodity trader MMTC Ltd, in association with diamond company Gitanjali Group, on Tuesday launched ‘Suddhi Sampoorna Vishwash’, a chain of retail stores for selling hallmark gold and diamond jewellery. For full story, click here
CERES declared that it has launched a new venture by Goenka Diamonds & Jewels Ltd., carrying the proposition of retailing the most fabulous jewels of the world. For full story, click here
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