De Beers diamond sales down 20% on earlier Diwali

Having trouble viewing this email?  View online Diamond News Digest Wednesday 6 September 2017 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver De Beers diamond sales down 20% on earlier Diwali The world's largest rough diamond producer by value reported provisional revenue of $505 million compared with $639 million in the same period a year earlier. read » How Russia plans to compete with India in the diamond market Moscow wants state-owned Alrosa to offer more favorable terms to local cutters read » Alrosa to auction rough and polished diamonds at the Eastern Economic Forum "We have seen the interest of clients from Asia Pacific," the company's Vice President said read » Brazil judge blocks decree allowing mining in Amazon Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution. read » India launches world's first diamond futures exchange The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts. read » Brazil to let mining happen in Amazon area the size of Switzerland The region, preserved as a national reserve for more than three decades, is thought to be rich in gold, iron ore, copper and other minerals. read » Scientists figure out how to make it rain diamonds It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus. read » Changes to Brazil mining law to bring mostly higher taxes, costs — experts Experts and mining companies fear some of the modifications that go in effect in November, will result in hefty taxes, higher research costs and decrease interest from foreign investors. read » Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist. read » Search for four missing workers trapped at Russia's Alrosa mine fails Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened. read » Alrosa to keep 2017 output target unchanged despite Mir accident The world's top diamond producer by output in carats still expects to produce about 39 million carats this year. read » Stellar Diamonds extends sale of Guinea assets, refinances loan The diamond miner decided to offload those units to focus on its Tongo-Tonguma project in Sierra Leone, which has the potential to generate earnings of $45 million a year. read » Former chief executive of Mountain Province to lead Dominion Diamond Patrick Evans will become the new CEO once a deal to purchase the Canadian diamond company closes later this year read » Large diamond-shaped crystal stolen in Toronto The crystal had a 30-centimetre diameter and was a city icon read » ALROSA invites independent auditor to analyze causes of accident at Mir mine An independent audit will be conducted to make an overall assessment of all decisions and actions at the design, construction and operation stages of Mir underground mine. read » De Beers to make largest investment in diamond marketing since 2008 Diamond giant will spend more than US$140 million in marketing this year. read » Rio Tinto unveils its largest red diamond at Australian debut Rio Tinto today unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview. read » De Beers marketing spend increase will boost global sales — WFDB Although De Beers intends to spend most of the money on its own brands, Forevermark and De Beers Diamond Jewellers, all advertising is good for the wider diamond trade since it has a positive ripple effect. read » Read more Diamond news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Diamond News Digest". You mayunsubscribe at any time. The information contained in “Diamond News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Diamond News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.