15 December 2017
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NEWS Financial
SIGNET JEWELERS REPORTS THIRD QUARTER FINANCIAL RESULTS
23 November 2017

Diamond jewelry retailer Signet Jewelers Limited (Signet) has announced its financial results for the 13 weeks ended October 28, 2017 (third quarter Fiscal 2018), reporting same store s...

PETRA FY2017 RESULTS: REVENUE UP 11%; DIAMOND PRODUCTION UP 8%
17 October 2017

Petra Diamonds Limited (Petra) has released its annual report for the fiscal year ended 30 June 2017 (FY 2017), reporting an 8 percent increase in rough diamond production.

SDIX LISTS CREDIT-CARD SIZED DIAMOND PACKAGE ‘DIAMOND BULLION’
15 October 2017

The Singapore Diamond Investment Exchange (SDiX) has announced that they will be listing a new investment-grade diamond product on the exchange - a portable, credit card-sized package o...

DOMINION Q2 RESULTS ‘SOLID’
07 September 2017

Dominion Diamond Corporation has published its second quarter operational and financial results, reporting sales of US$239.8 million for Q2.

ALROSA’S IFRS H1 2017 RESULTS: OVERALL WEAKER PERFORMANCE
03 September 2017

Russian mining company Alrosa has released its IFRS financial results for the first half of 2017, reporting revenue of RUB 155.6 billion (US$2.71 billion), down 16.7 percent when compar...

LOAN DEFAULTS BY INDIAN DIAMOND COMPANIES
31 August 2017

Media reports indicate that two Indian-owned diamond companies, identified as Interjewel Pvt Ltd. and Ankur Diamonds, have gone bankrupt, leaving unpaid bank loans and other debt to cre...

SIGNET Q2 SALES: $1.4 BILLION
24 August 2017

Diamond jewelry retailer Signet Jewelers Limited (Signet) has announced its results for the 13 weeks (second quarter Fiscal 2018) ended July 29, 2017, reporting total sales of US$1.4 bi...

ANGLO’S INTERIM RESULTS POSITIVE; DIVIDEND PAYMENTS TO RESUME
27 July 2017

Global mining company Anglo American plc (Anglo) has released its interim financial results for 2017 which show overall positive performance for the company for the first half of 2017

NEWLY-FORMED ‘DE BEERS VENTURES’ WILL INVEST IN START-UPS
25 June 2017

De Beers has announced that it has created ‘De Beers Ventures’, an initiative formed to actively consider small investments in start-ups and growth companies.

SDIX TO TRIAL BLOCKCHAIN FOR DIAMOND TRADING
15 June 2017

The Singapore Diamond Investment Exchange (SDiX) has announced that it has entered into partnership with Kynetix and Everledger to complete the first part of a Proof-Of-Concept of a blo...

ALROSA Q1 FINANCIAL RESULTS: REVENUE DOWN 17% Y-O-Y
28 May 2017

Russian mining company Alrosa has released its IFRS financial results for the first quarter of 2017 (Q1 2017), reporting revenue of RUB 84.8 billion (US$1.5 billion).

AWDC ACCUSES BELGIAN BANKS OF UNREASONABLE DISCRIMINATION AGAINST THE DIAMOND INDUSTRY
02 April 2017

The Antwerp World Diamond Centre (AWDC), the Belgium diamond industry’s umbrella organization, has issued a statement strongly criticizing the local banks’ apparent refusal to make bank...

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