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BOTSWANA DIAMOND TRADE
Empty offices, lost orders: India's diamond hub stands idle as steep US tariffs loomThe Surat Diamond Bourse, intended to be a hub, is struggling. Weak Chinese demand and potential US tariffs are hurting India's diamond exp...
G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...
US boycotts conflict diamond meetings chaired by RussiaThe Kimberley Process, set up in 2003, is an 85-nation body that certifies rough diamond exports and monitors members' implementation of re...
Revenge consumption: Surat diamond units working overtime to meet US demandThe exporters said that demand for the Chinese New Year is expected to come in shortly. The Chinese New Year in 2021 falls on February 12. ...
De Beers expects India’s diamond demand to pick upConsumer demand fell 2.5 per cent yearon-year in 2017.
Will India’s diamond cutting operations shift to Israel, Belgium?India is the world’s largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the w...
Botswana seeks investments from IndiaBotswana has sought investments from India in key sectors like diamond, agriculture, mining, energy, information and communications technol...
Ebola outbreak dulls diamond industryWith some 1,400 people dying from the deadly hemorrhagic virus in West Africa, the diamantaires have halted their visits for the past coupl...
- De Beers' list of sightholders surprises market
Many in the closely-knit diamond trade are surprised at the failure of Rosy Blue to qualify for rough diamond supplies from De Beers .
- Diamond houses keep fingers crossed after change of guard at De Beers
The buyers quietly pick the boxes and take flights back to Mumbai or Antwerp, where the stones are cut and polished by skilled craftsmen.
- De Beers to shift diamond trading business to Botswana from London
De Beers, which produces more than a third of the world's diamonds, has agreed to move sorting and trading of the gems to Botswana by the e...
- De Beers plans $1 billion rights issue
De Beers Group's shareholders have agreed to a rights offering that will raise up to $1 billion to help reduce the company's debts.
- MCX group's overseas exchange ventures may get delayed
Turmoil in financial markets seems to be affecting the global expansion plans of Financial Technologies, promoter of top domestic commodity...
- Diamond cos head to Africa for direct sourcing
Antwerp could be passé! India has decided to look at Africa for direct sourcing of rough diamonds.
- Bumpy road ahead for diamond players
The recent decision of Diamond Trading Company (DTC), the distribution arm of De Beers Group, to remove several Indian companies from its l...
- Several Indian cos out of DTC ‘sight’
Diamond Trading Company (DTC), the distribution arm of the De Beers Group, has lopped off a number of Indian companies from the list of sig...
- Africa set to blood diamond Opec
A group of 18 African nations producing diamonds have come together to form the African Countries Diamond Producers Association (ADPA) head...