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Consortium Buys Damas Intl., Board Steps Down
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30 April, 2012 |
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Golden Investments Ltd. (BidCo), a company controlled by Qatar's Mannai Corporation and Egypt's EFG Capital Partners Management, gained control of Damas International Ltd. after 78.37 percent of Damas...
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Police now investigating fired Antwerp graders
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30 April, 2012 |
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Antwerp--Grading laboratory HRD Antwerp announced Friday that it has passed the results of its internal audit on to judicial authorities there and has terminated its relationship with the three compan...
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Bridal jewelry sales continue rising at Costco
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30 April, 2012 |
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New York--The number of consumers purchasing their engagement rings and wedding bands at Costco has increased over the past two years and now exceeds pre-recession levels, the warehouse retailer recen...
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Bridal pops with color, pavé touches
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30 April, 2012 |
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Kate Middleton set off a firestorm in 2010 when she was engaged with a sapphire ring, marking a trend that is becoming increasingly popular in the U.S.--non-traditional and colorful engagement rings.
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Targeting consumers online is evolving
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30 April, 2012 |
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It's a common occurrence nowadays.
You Google a topic of personal interest on your computer, smartphone or tablet. Let’s say, for example, the name of your favorite band. You want to see when their...
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Diamonds, the new safe haven?
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30 April, 2012 |
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Major changes are afoot at the world’s largest diamond miners: De Beers, BHP Billiton and Rio Tinto. After 80 years in the business, the Oppenheimer family likely will be out of the diamond trade by y...
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IDEX Online: KKR might combine Rio, BHP assets
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16 April, 2012 |
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Storied leveraged buyout firm Kohlberg Kravis Roberts & Co. (KKR), a leading candidate to purchase BHP Billiton's stake in Canada's Ekati mine, may seek to combine that diamond production asset with t...
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Artisanal mining group to speak at Conclave
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16 April, 2012 |
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The nonprofit Diamond Development Initiative (DDI) is slated to give a talk at American Gem Society Conclave on how the organization is working to improve conditions related to artisanal diamond minin...
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The Kimberley Process opens up
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16 April, 2012 |
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For about 45 minutes on Tuesday morning, Kimberley Process Chairwoman Gillian Milovanovic did something unprecedented in the history of the 9-year-old process. She hosted a video web chat open to anyb...
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India's February Polished Exports -54%
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19 March, 2012 |
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India's February polished diamond exports declined 54 percent year on year to $1.443 billion, according to provisional data provided by the Gem & Jewellery Export Promotion Council (GJEPC). By volume,...
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RDMA Looks Forward to Renewed Growth in Russia
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05 March, 2012 |
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The Russian Diamond Manufacturers Association (RDMA) submitted a report to the International Diamond Manufacturers Association (IDMA), affirming that not only is diamond production on the rise in Russ...
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New laundering regs cover gift cards, credit
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05 March, 2012 |
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The Jewelers Vigilance Committee (JVC) wants to make retailers aware of new anti-money laundering rules put into place by the federal government that pertain to gift cards and in-store credit issued f...
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Our trade is recovering, but shrinking
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22 February, 2012 |
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Year-end statistics from the Jewelers Board of Trade (JBT) paint a picture of an industry that is on the mend but contracting slowly in North America as specialty jewelers lose market share to other r...
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Exclusive Report: A strong year for jewelers
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08 February, 2012 |
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For the second year in a row, National Jeweler’s exclusive year-end survey showed that sales continue to rebound for retail jewelers, with 72 percent of respondents reporting gains in same-store sales...
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Strategic choices in a shaky 2012 recovery
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24 January, 2012 |
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Because of 2011’s whopping economic headlines--soft economy, unemployment, limited bank credit and a falling sky, or so it seemed--creating a jewelry strategy for 2012 will be more than just an exerci...
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