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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”, the report said.
The company managed to decrease its operational expenditures thanks to a new agreement to create the Namibia Diamond Trading Company (NDTC) which became operational in. This company sells Namdeb diamonds. ....

Namibia Diamond Trading Company , De Beers , Namdeb Diamond , Kimberley Process , நமீபியா வைரம் வர்த்தக நிறுவனம் , டி பியர்ஸ் , கிம்‌பர்லீ ப்ரோஸெஸ் ,

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 oil, diamond, uranium, copper and energy industries, it added. Angola and Romania, two former socialist countries, had close ties before the fall of the Berlin Wall in 1989, Angop said. ....

Agencia Angolapress , Iacob Prada , Berlin Wall , De Beers , Kimberley Process , ஈயக்கோப் பிரடா , பெர்லின் சுவர் , டி பியர்ஸ் , கிம்‌பர்லீ ப்ரோஸெஸ் ,

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 spending by affluent shoppers with minimum household incomes of $100,000 jumped 31 percent to $4,813 in the third quarter from a year earlier, compared against declines of more than 30 percent each for clothing and for fashion accessories, including shoes and handbags, according to Pam Danziger, president of Unity Marketing. The consultancy surveyed 1,000 luxury shoppers. ....

New York , United States , United Kingdom , Neiman Marcus , Pam Danziger , Judy Collinson , Steve Sadove , Kevin Keenan , Seichi Iioka , Nadeem Azam , Tiffany Co , Group Adam Crown , Japan Department Stores Association , Associated Press , National Jeweler , Barneys New York , Japan Department , Westfarms Mall , New York Based , Japan Department Stores , Madam Crown , De Beers , Kimberley Process , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் ,

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, which will see the latter acquire a 2.5% interest in the cash flows generated from Vast s share in the Chiadzwa concession in exchange for providing know-how for all aspects of exploration, mining, processing and marketing . ....

Mashonaland East , Sakhalinskaya Oblast , Samuel Beckett , Mark Mabhudhu , Andrew Prelea , Chiadzwa Community , Zimbabwe Consolidated Diamond Company , Chiadzwa Community Diamond Concession , Vast Resources , Chiadzwa Mining Resources , Chiadzwa Community Diamond , Katanga Mining , Botswana Diamonds , De Beers , Kimberley Process , மஷோனலண்ட் கிழக்கு , சாமுவேல் பெக்கெட் , ஸிஂபாப்வே தொகுக்கப்பட்டு வைரம் நிறுவனம் , பரந்த வளங்கள் , கட்டங்கா சுரங்க , போட்ஸ்வானா வைரங்கள் , டி பியர்ஸ் , கிம்‌பர்லீ ப்ரோஸெஸ் ,

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 Turkey s newly awarded membership in the Kimberley Process, Sarac noted: The consumption of luxury items like diamond jewelry is on the increase. Russia s 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 items, but now they are more interested in more refined items with quality design. Therefore, the future of the diamond market is promising.
According to Israelidiamonds.co.il, Sarac noted that the volume of precious stones in Turkey exceeded $1 billion last year and suggested that the introduction of a diamond market will boost this figure due to the fact that the added value of a diamond is higher than that of gold. ....

Osman Sarac , Istanbul Gold Exchange , Deputy President , Kimberley Process , De Beers , இஸ்தான்புல் தங்கம் பரிமாற்றம் , துணை ப்ரெஸிடெஂட் , கிம்‌பர்லீ ப்ரோஸெஸ் , டி பியர்ஸ் ,