US lifts sanctions on Venezuela minerals sector, including goldThe US Treasury Department has lifted further sanctions on Venezuela's gold and mineral industries, aiming to increase access to the nation...
28 Mar, 2026, 08.55 AM IST
GJEPC prays for urgent policy reform in bid to double gem & jewellery exports by 2025The Council has requested the Finance Minister that if customers in India choose to confirm their orders, an invoice can be made within the...
26 Oct, 2020, 08.21 PM IST
Alrosa to be flexibile with dates for its rough diamond trading sessionsTo make diamond supply more steady, ALROSA is moving its next trading session from August 10-14 to the second half of that month. "The date...
09 Jul, 2020, 07.27 PM IST
Diamond traders ask miners to explore mining in IndiaThis is for the first time that the industry has approached diamond miners individually after Rio Tinto announced last year that it would c...
21 Mar, 2017, 01.03 PM IST
Demonetisation hurt diamond clusters in India, traders tread gingerlyDe Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in Ind...
15 Dec, 2016, 12.38 PM IST
India's first diamond mineral block auctioned in MP"Hatupur Diamond mineral block was successfully auctioned on October 5, in Panna district. This is the first diamond mineral block of the c...
07 Oct, 2016, 02.48 PM IST
Diamond demand to revive as prices of both rough and polished varieties have stabilised: De BeersAll the stakeholders in the diamond industry can expect a better year, Stephen Lussier, CEO, Forevermark, De Beers told ET.
20 Apr, 2016, 01.36 AM IST
Make In India: We are looking at direct sale of diamonds to India, says Alrosa's Andrey Zharkov"Prices of oil, metals and commodities have crashed 30–40% over the past one year, but diamonds have not fallen with the same intensity."
17 Feb, 2016, 08.31 AM IST
India's diamond trade hub in Mumbai to be opened by NovemberDiamond traders had been lobbying with Prime Minister Narendra Modi to cut the middlemen in the trade by setting up an SNZ.
20 Oct, 2015, 10.03 AM IST
Diamond traders defer decision to put an embargo on import of rough diamondsThe traders have decided to keep a close watch on the scenario for a month and initiate talks with diamond miners such Rio Tinto, De Beers ...
14 Jul, 2015, 04.41 AM IST
India may cut agents from diamond tradeThe government is expected to announce special notified zones (SNZ) for diamond miners in the union budget next month, officials said.
28 Jan, 2015, 11.04 AM IST
Index of mineral output grows 0.7 per cent in September"The total value of mineral production (excluding atomic & minor minerals) in the country during September 2014 was Rs 17,221 crore," the s...
21 Nov, 2014, 06.41 PM IST
A diamond trading hub in Mumbai? Does it make the cut?The proposed hub will allow local players to buy directly from miners and bring down prices.
05 Nov, 2014, 03.11 PM IST
- Diamond polishing: Mining companies, sourcing nations challenge India’s supremacy
Traditionally, the diamond polishing industry has followed the trail of low labour costs. New York was a major diamond manufacturing centre...
26 Nov, 2012, 05.56 AM IST
- Local diamond cos seal deals worth $490 mn with Alrosa
Three local diamond manufacturers, Rosy Blue, Diamond India and Ratilal Becharlal and Sons, on Friday inked deals totalling $490 million wi...
13 Mar, 2010, 11.49 AM IST
- Local diamond cos seal deals worth $490 mn with Alrosa
Three local diamond manufacturers - Rosy Blue, Diamond India and Ratilal Becharlal and Sons - on Friday inked deals totalling $490 million ...
13 Mar, 2010, 01.25 AM IST
- India consortium strikes a direct deal with Namibia miner
While the size of the deal could not be ascertained as Pravin Shankar Pandya, chairman of DIL, was not available for comment, a highly-plac...
11 Jul, 2009, 12.44 AM IST