Diamond industry roars for a new deal at robust ‘town hall’ pow-wow

At a robust “town hall” meeting in Johannesburg on Wednesday evening, the full-spectrum of the hard-hit South African diamond industry pledged to present a united plea to the South African government to accept new solutions aimed at boosting...

Diamond council slams South Africa's State Diamond Trader

The State Diamond Trader is not delivering and the State Diamond Trader's team is ineffective, the Diamond Council of South Africa says in a hard-hitting statement. The State-owned State Diamond Trader was created by the South African government...

State Diamond Trader CEO unhappy with progress to date, hopes to achieve targets by March

The State Diamond Trader (SDT), established to buy 10% of the country’s diamond production for sale to local cutters and polishers, has completed its first “critical” six months of operation, and achieved necessary targets, but says that he...

Strong prices in 2008, says world diamond bourses president

Higher-range rough diamond prices will remain robust in 2008, with demand outstripping supply for the foreseeable future, says World Federation of Diamond Bourses president Ernie Blom.

Strong diamond prices expected as China, India become major consumers

Higher-range rough diamond prices will remain robust in 2008, with demand outstripping supply for the foreseeable future, the World Federation of Diamond Bourses president said on Monday. "We should see very strong prices," Ernie Blom,...

South African to head world diamond body

The world's biggest diamond organisation, the World Federation of Diamond Bourses (WFDB), with 26 members worldwide has elected a South African diamantaire, Ernie Blom, as its new president.

Gold loan scheme imminent

A gold-loan facility will soon be in place for use by the local jewellery manufacturing industry.

Plans for new Kimberley gem bourse by end of May

The Northern Cape government is confident that South Africa’s second diamond bourse will be set up in Kimberley by the end of next month – at present only Johannesburg has such a bourse.

Nike, watch out . . .

. . . here come the branded precious metals and minerals