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Namdeb Diamond earnings dropped 9%

08 march 2021 17 august 2007 Namdeb Diamond earnings from diamond sales during the first six months of 2007 dropped 9% compared to the same period last year to 2.3 billion Namibian dollars ($313 million) due to a correction in precious stones prices, the company reports. Before tax profit during the reported period increased 17% to 555 million Namibian dollars due to operational expenditures decrease. Diamonds sales in carat terms “increased somewhat compared to the first six months of 2006�...
Namibia Diamond Trading Company De Beers Namdeb Diamond Kimberley Process நமீபியா வைரம் வர்த்தக நிறுவனம் டி பியர்ஸ்

Romania to Invest in Angolan Oil, Diamonds

01 march 2021 07 december 2009 Romania will make “considerable” investments in the exploration and processing of minerals in Angola, including oil and diamonds, Agencia AngolaPress said, citing Iacob Prada, the country’s ambassador to Angola, Bloomberg reported. The two countries will sign an agreement early next year that will allow Romania to build an oil research and development center in Angola, the Luanda-based news agency said. Romania is also interested in investing in Angola’s o...
Agencia Angolapress Iacob Prada Berlin Wall De Beers Kimberley Process ஈயக்கோப் பிரடா

Jewelry Market: Signs of Life

26 march 2021 Gold price’s that slumped to near a nine-month low is drawing jewellery shoppers in Asia to hunt for bargains, says media reports. After a year of demand being in the doldrums, retailers are buying more precious metal to cater to buyers. 26 march 2021 26 february 2010 They are considered to be among the most nonessential items that shoppers can do without and yet, high-end jewelry items may turn out to be winners this Christmas season, according to MarketWatch. Average jewelry ...
New York United States United Kingdom Neiman Marcus Pam Danziger Judy Collinson

Vast Resources waiting for Godot in Chiadzwa?

15 march 2021 08 february 2021 AIM-listed Vast Resources said in September 2019 that it had concluded a joint venture with Chiadzwa Mining Resources, a company designated to represent Chiadzwa Community interests in the Chiadzwa Community Diamond Concession. The joint venture resulted in the establishment of Katanga Mining, which will in turn partner with the Zimbabwe Consolidated Diamond Company (ZCDC) to mine diamonds in Marange. Vast also revised an agreement with Botswana Diamonds, wh...
Mashonaland East Sakhalinskaya Oblast Samuel Beckett Mark Mabhudhu Andrew Prelea Chiadzwa Community

Turkey Aspires to Build Diamond Market

15 march 2021 02 november 2007 Zaman quotes the Deputy President of the Istanbul Gold Exchange (IAB) Osman Sarac as calling for Turkey to build its own diamond market. In the aftermath of Turkeys newly awarded membership in the Kimberley Process, Sarac noted: "The consumption of luxury items like diamond jewelry is on the increase. Russias population has increased in demand. The demand in Turkey is also slowly rising. Consumer preferences change. People used to be interested in 22 carat gold it...
Osman Sarac Istanbul Gold Exchange Deputy President Kimberley Process De Beers இஸ்தான்புல் தங்கம் பரிமாற்றம்

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Igor Tikhov: Preserving Relationship is Most Important for Viable Post-Crisis Development

02 april 2021 24 august 2009 OAO Krastsvetmet is the world’s biggest plant engaged in industry-wide affinage of all the six elements of the platinum group of metals, as well as gold and silver. Currently, about 98% of Russia’s platinum and palladium, virtually 100% of platinum-associated metals and around 50% of the country’s gold are processed at this enterprise. Krastsvetmet’s products are included into the Good Delivery List circulated by such international commodity exchanges as LBM...
New York United States City Of United Kingdom Igor Tikhov Johnson Matthey

Visitors at March Hong Kong Fair down by 5%

15 march 2021 17 march 2009 Attendance to the Hong Kong International Jewellery Show, which was held from March 4 to 8, is reported to have dropped by 5 percent on the first four days of the fair.   While the number of overseas buyers was down by 15 percent, the good news was that the number of local buyers rose by 11 percent, and that a notable increase of buyers came from emerging markets, including South America, Southeast Asia, Eastern Europe and the Middle East, to source from over 2,300 ...
United States Hong Kong Republic Of Saudi Arabia Czech Republic Hong Kong International Jewellery Show

India buys 200 tonnes of IMF gold for $6.8bn

Yesterday Southstone Minerals (SML) says it produced 94 diamonds weighing 144.24 carats at its Oena Diamond Mine in South Africa during the second quarter of the fiscal year 2021. It said the diamonds recorded an average price of $1,105 per carat. Yesterday 17 november 2009 The sale surprised traders who expected China to buy the gold and fuelled speculation that other governments, including Beijing, may be ready to diversify their reserves, Reuters reported. The International Monetary Fund has...
Aaaron Smith Dominique Strauss Kahn Bimal Jalan David Moore Ronald Leung International Monetary Fund

Diamcor Set To Acquire S. African Diamond Exploration Project

08 march 2021 08 november 2007 Junior mining and exploration company Diamcor Mining Inc., through its wholly-owned South African subsidiary Blue Dust 25 (Pty) Ltd., has received the necessary approvals to enable the company to acquire a 24 % interest in the privately-held South African company, Nerikets Properties (Pty) Ltd. According to Tacy Diamcor has also secured an exclusive option to acquire the remaining 76 % interest in Nerikets. Nerikets holds the Prospecting Rights Permit for diamon...
South Africa Orange River Free State South African Tacy Diamcor Pty Ltd

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