Rockwell Diamonds Inc. (TSX:RDI; JSE:RDI, OTCBB:RDIAF), a mid-tier diamond mining and development company has announced its financial results for the first six months ending August 31st 2009 of the first half of Fiscal 2010. Rockwell Diamonds is an alluvial diamond mining company with three active alluvial operations at Holpan, Klipdam, and Saxendrift. Wouterspan, a fourth […]
Category Archives: Diamonds
Due to the skyrocketing price of gold, many people in India are opting to buy diamonds. However according to the Economic Times of India, this has kept interest in gold alive, to a certain extent. According to Pankaj Parekh, regional chairman of the Gem and Jewellery Exports Promotion Council “Gradually, diamond sales in India are increasing […]
An 8.74 carat blue diamond was sold for 5.7 million U.S dollars at Sotheby’s auction in Hong Kong on Wednesday the 7th of October 2009. The diamond was emerald cut fancy intense blue with VVS1 grade (which is the third best grade). The stone was bought by an anonymous phone bidder. Four rivals were also bidding seriously […]
Alrosa, the Russian diamond miner sold $676.24 million worth of rough diamonds to Gokhran, the Russian precious metals and gemstone repository according to Interfax. These large scale sales of rough diamonds to the repository has been fueled by the limited sales of rough diamonds to the market due to the economic downturn. Alrosa announced on […]
GemEx systems Inc. , a company which specializes in the light performance of diamonds is to start offering their services in the Manhattan’s diamond district. Their Proprietary Brilliance Scope Analyzer will also be available. Customers can make an appointment to have their stones examined. Testing is done using 5 different light measurements so as to […]
A large 507.55 carat diamond was discovered at the Cullinan Diamond Mine on Thursday the 24th September 2009. This makes it one of the largest rough diamonds ever found. This is the 18th largest rough diamond discovered in the world so far. The Cullinan Diamond with a weight of 3106 carats is the largest rough […]
The diamond output of Namibia rose more than double in the second quarter compared to the first,said Paul Hartmann, the Deputy Governor of the Bank of Namibia. However the number of carats mined were not disclosed. According to Bloomberg the output of diamonds declined by 48% compared with the same period an year earlier. Hartmann […]
According to the National Jeweler two Indian companies were recognized for excellence in the areas of human resources and exporting. India’s Gem and Jewellery Export Promotion Council (GJEPC) has awarded Sanghavi Diamonds for the biggest importer of cut and polished diamonds into the United States for the fiscal year 2008-2009. Sanghavi Diamonds had received the […]
Diamond studded accessories are becoming popular in the Indian diamond city of Surat. With the grip of the recession loosening leading to prosperity, they want everything in their life to glitter like diamonds. According to the commodity online and the Times of India, you can get diamond studded pen drives, crockery, leather belts, cell phones, […]
Surat the diamond city of India is thriving once again. The Indian diamond cutting center located in the state of Gujarat was severely affected by the global economic downturn because diamonds are luxury goods which are the worst affected during any recession. It is widely believed that the rapidly growing economies of the Middle East, […]