Rio Tinto marketing diamond fashion pieces in China
In an effort to tap into the growing demand for diamond fashion jewelry in China, mining company Rio Tinto has launched a new diamond marketing initiative called “The Fashion of Diamonds” there.
De Beers holds first sight in Botswana
This week marks De Beers’ inaugural sight in Gaborone following the relocation of its sales activities from London to Botswana, a move that has been two years in the making.
Book on Canadian diamonds, diamond industry
A new book has been published that explains why Canadian diamonds are one of the most important discoveries of the last century and showcases how diamond firms are working to tag these ethically mined gems to regulate distribution.
Varda Shine leaving De Beers
After 30 years with the company, Varda Shine is leaving her post as the global head of sightholder sales for the De Beers Group of Companies at the end of January to “explore other opportunities,” De Beers announced Thursday.
US investors buy up Alrosa IPO shares
Russian mining company Alrosa, which seeks to overtake De Beers as the world’s largest diamond miner by value, launched its initial public offering this week, with reports indicating that U.S. investors snagged 60 percent of the shares sold.
New projects improve diamond supply outlook
Amid industry concerns about the dwindling supply of diamonds, a number of announcements surfaced this week regarding new projects that will open up additional sources for mining the stones.
SRK Exports celebrates five decades
Indian diamond manufacturing company Shree Ramkrishna Exports Pvt. Ltd. (SRK) is marking its 50th anniversary this year and recently was recognized by India’s Gems and Jewellery Export Promotion Council (GJEPC).
De Beers’ Q3 production rises 21 percent
De Beers parent company Anglo American announced that the full restoration of operations at one of its mines led to a 21 percent increase in production in volume terms for De Beers.