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This includes a 36 percent increase in the second quarter, with De Beers describing diamond trading conditions as “stable.”
The Washington Companies has made a deal to buy Dominion Diamond Corp., which owns Ekati and 40 percent of Diavik.
The diamond manufacturer also announced a range of charitable endeavors to celebrate its silver anniversary.
The building has a long and storied history, as it served as the headquarters for De Beers for decades and once held billions of dollars in diamonds.
A court in Antwerp said diamond company Exelco is on track to repay its loans and deemed the seizure unnecessary.
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.