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DIAMOND MINING IN ANGOLA
India introduces Diamond Imprest Authorization Scheme to boost exportsThe Diamond Imprest Authorization (DIA) Scheme, effective April 1, 2025, allows duty-free import of natural cut and polished diamonds under...
India diamond traders hit by Rupee risks amid Russia supply woesWith Russia’s Alrosa PJSC accounting for about a third of global rough-diamond supply, the $80 billion-a-year industry was thrown into turm...
Lulo Rose: Largest pink diamond unearthed in 300 yearsThe 170 carat pink diamond was discovered at the Lulo mine in Angola's diamond-rich northeastern region. It's one of the rarest kinds.
Angola invites India to invest in diamond mining and processing"Angola is looking at foreign direct investment from Indian companies to help realise the mining country's potential," Pratibha Parkar, Ind...
Diamond mines-to-brand firm KGK opens factory in AngolaThe new KGK factory, in partnership with SODIAM, the Angolan state owned company for the trading of diamonds in Angola, incorporates the la...
Africa’s blood diamonds are Dawood Ibrahim's latest business, say intelligence agenciesThe sleuths have found that the current focus of the D Company, as Dawood's businesses are called, is to promote and expand the business of...
Diamonds a symbol of love and luxury, not traded commodity like gold: Jean-Marc Lieberherr, CEO, DPA"We are talking to couples who are a few years into their journey of marriage focussing on NCCS A, living in metros, Tier-1 and Tier-2 town...
Alrosa may enter into contract with Indian traders at Diamond Conference to be attended by PM Modi, Vladimir PutinIf the deal goes through, it will pave the way for the Indian diamond industry to get stones directly from Russia, cutting out the middleme...
Diamond hunters like BHP Billiton and others give up search for gems hard to findMore than $7 billion has been plowed into the hunt for the gem since 2000, according to De Beers, and the results have been meagre, with no...
- Gems, jewellery export to jump two-fold by 2015: Ficci
The gems and jewellery export will be doubled in the next seven years, provided the industry access to new markets.
- Tatas, MMTC plan SPV to buy gold mines overseas
India’s largest private sector steel maker Tata Steel is forming a special purpose vehicle (SPV) with state-owned MMTC for acquiring gold a...
- Diamond workers in demand
With more and more Indian companies setting up diamond cutting and polishing units in African countries like Bostwana, Namibia, Angola and ...
- Tatas in race for $3 bn Angola project
Other players include global mining major BHP Billiton of Australia and steel cos from Brazil and Russia.
- Export duty may take shine off diamonds
The world’s largest mining country - South Africa - plans to change the laws governing its diamond sector, including imposition of an expor...
- S Africa's export duty on rough diamonds may hit Indian traders
South Africa’s plan to change the laws governing its diamond sector, including the proposed export duty on rough diamonds, has become a maj...
- 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...
- Russia's diamond giant wants to dig deeper
Just below the Arctic circle, amid sprawling tundra forests that are the only sign of life for hundreds of kilometres (miles), geologists f...