The International Diamond Board (IDB) was established last weekend to improve the civic affairs efforts of and the generic advertising campaign for the diamond industry. “The overarching mission of the IDB is to create and sustain strong consumer demand for diamonds worldwide through effective category marketing,” according to a statement distributed on behalf of IDB by Rio Tinto Diamonds and BHP Billiton.
POSTED BY The Editor on July 20th in General News
read morePOSTED BY The Editor on June 4th in General News
Antwerp, June 2, 2009 - Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond sector, welcomed Belgian vice-prime minister and minister of Foreign Affairs Karel De Gucht on a working visit today.
POSTED BY The Editor on May 23rd in General News
The London-listed diamond producer Gem Diamonds has placed plans to extend beneficiation amenities in Dubai and Mauritius on hold, owing to the economic downturn, it reported on Tuesday.
POSTED BY The Editor on May 16th in General News
A extraordinary blue diamond has sold for a record 10.5 million Swiss francs ($9.5m; £6.2m) at public sale in Geneva.
POSTED BY The Editor on May 7th in General News
Actresses Angelina Jolie and Kate Winslet, former singer Victoria Beckham and other celebrities have designed jewelry or added autographs to a jewelry collection to be auctioned off for charity at the end of May.
POSTED BY The Editor on May 7th in General News
The most difficult trading environment in its 30-year history led diamond-miner Namakwa Diamonds to report a net loss of $76.7 million in the half year ending February 28. The loss is a 300-percent increase on the net loss of $19.4 million for the same period last year.
POSTED BY The Editor on April 18th in General News
Yakutia-based diamond mining company ALROSA, reported that its net profit, including that of its subsidiary Alrosa-Nyurba, fell to $113 million in 2008, down from profits of $423 million in 2007.
POSTED BY The Editor on April 16th in General News
Prices of the precious gems have dropped like a rock in recent months as the worldwide economic downturn strikes fear in the hearts — and wallets — of investors, collectors and prospective bridegrooms.
POSTED BY The Editor on April 16th in General News
State diamond monopoly Alrosa has asked the Finance Ministry to stop sales of the precious gem from Gokhran, the state depository, to help stabilize prices, Interfax reported Wednesday, citing a copy of the letter.
POSTED BY The Editor on April 15th in General News
Despite the changes in the markets CozDia Diamonds remain in the market as a prominent provider of diamonds to the industry. Based in Hong-Kong, the company was established in 2007. CozDia is gaining popularity among the wealthy and the rich, particularly with its exclusive VIP services. Diamonds are certainly the cheapest and sometime even more than -50 % below rap.
Categories
