SMH reported about $2 billion worth of diamonds have been siphoned out of Zimbabwe over the last four years by ministers and officials.
Articles Tagged "diamond trading"
Mining Weekly reported De Beers’ Voorspoed mine increased its mining efficiency by 12% over a 100-day period by implementing a rapid-results project.
Bloomberg reported Antwerp’s diamond dominance is being challenged with growing competition.
Reuters reported Botswana is expected its economic growth to slow as diamond demand stutters.
Mineweb reported polished diamonds prices have appreciated by 5% ahead of the festival season in India, but sellers are worried Sandy will keep buyers from the U.S.
Times of India reported Hurricane Sandy is likely to affect the jewellery sales in the upcoming Christmas holiday season.
Mining Weekly reported Trans Hex (PINK:TRHXY) reported group profit of R32.9-million in the six months to September 2012, an increase of R1.7 million from last year.
De Beers' announced its diamond production fell 31 percent to 6.37 million carats in the third quarter of 2012 from 9.3 million carats in the same period of last year.
Diamonds.net reported Stellar Diamonds (LSE:STEL) announced a loss of $5.4 million for the fiscal year that ended on June 30, 2012 compared with a loss of $15 million one year ago.
Diamonds.net reported South Africa’s State Diamond Trader (SDT) wants to purchase rough diamonds from other countries, especially Zimbabwe.