With diminishing diamond production in the aging mines globally on one hand and ever-increasing demand world-wide on the other, the industry would struggle to keep pace during 2013 with growing consumption in emerging economies like India ...
Tags: Diamond, Miners, Growing Demand
The big news this week is the sale of famed jewellery and watch brand, Harry Winston, to the Swatch Group for $750 million plus their assumption of up to $250 million of pro forma net debt. Several analysts and industry observers see this ...
Tags: jewellery, watch, Harry Winston, diamond
America may be the largest consumer of diamonds today but the focus is now being shifted to Asia which could overtake the US by the end of this decade. Rapid growth of consumers in China and India is helping now to drive a rebound from the ...
Tags: consumer of diamonds, consumers in China, economic downturn, America
The world diamond industry has reached to such a stage wherefrom it may see a downward trend in growth as the gap between demand and supply is widening every year. This is one of the major concerns being echoed by every leader everywhere. ...
Tags: diamond, diamond mining, rough diamonds, jewellery