News

News

Weekly chain-store sales in U.S. powered ahead by almost 3.0 percent
The International Council of Shopping Centers (ICSC) and Goldman Sachs report that weekly chain-store sales in the United States surged almost 3.0 percent on the year for the week that ended February 23.
Petra Diamonds Ltd posts 63% jump in revenue to $151.7 million in H1
Petra Diamonds Ltd reports revenue up 63 percent to $151.7 million for the six months to 31 December, 2012 from $93.0 million a year earlier.
Dubai Diamond Conference keynote speakers: Varda Shine and Eli Izhakoff
Organizers of the March 18-19 Dubai Diamond Conference have announced that Diamond Trading Company (DTC) CEO Varda Shine and World Diamond Council President Eli Izhakoff will be the keynote speakers.
De Beers mulls acquisition of major part of Rio Tinto's stake in Murowa, says report
De Beers Consolidated Mines (DBCM) is reportedly considering the acquisition of a major stake in Rio Tinto's Murowa diamond mine in Zimbabwe, according to the country's Business Digest.
Brink's says Brussels airport diamond theft will impact' first quarter earnings
The robbery of an estimated $50 million of rough diamonds at Brussels airport on February 18 will be a "significant" hit on its first-quarter earnings, Brink's Co says.
Britain's Cameron rejects Indian demand for Koh-i-Noor diamond to be returned
The Prime Minister of the United Kingdom, David Cameron, has turned down a demand from Indian for the 105-carat Koh-i-Noor diamond to be returned.
Rolls Royce replica diamond-set shoes on sale for $5,300
A Chinese designer has created a pair of high-heeled shoes modeled on a luxury Rolls Royce car and set with diamonds.
Shear Diamonds maintains silence despite official request for information, says report
The Nunavut Impact Review Board still has not had any contact from Shear Diamonds, the owner of the Jericho diamond mine in Northern Canada, since it abandoned the operation last year.
More than 7,000 carats of diamonds to be auctioned by eDiamond
Global diamond auction company, eDiamond, says it will sell more than 7,000 carats of rough stones on its online auction next week.
All losses suffered by Brink’s customers as a result of the robbery at Brussels Airport, have been paid in full
One customer, when asked to comment on Brink’s response to this incident simply answered; “Brink’s stands for ultimate service, and they delivered what was promised.”
Armed men get away with $4 million of jewelry from De Beers outlet in Paris
Two armed men wearing bullet-proof vests escaped with $4 million of jewelry in a raid on the De Beers concession in the world-famous Printemps department store in central Paris on Tuesday evening, according to police.
Tokyo Diamond Exchange to host third WFDB Asian Summit in March
The Tokyo Diamond Exchange Club Inc plays host to the third World Federation of Diamond Bourses (WFDB) Asian Summit next month.