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Bain & Co. and AWDC Study Finds “Resilient” Global Diamond Industry Grew 2% in 2017
Dec 10, 2018
Releasing its eighth annual global diamond report prepared in conjunction with the Antwerp World Diamond Centre, Bain & Company said that “the diamond industry – just like the luxury market – remains resilient against global socio-economic turmoil”.
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Signet Sales Up 3% in Q3 FY’19, E-Commerce Sees Significant Surge
Dec 10, 2018
Signet Jewelers Ltd, the world's largest retailer of diamond jewellery, said that total sales rose 3.3% to US$ 1.19 billion for the 13 weeks ended November 3, 2018 (Q3 FY’19), with a positive performance across its different banners and a strong surge in E-Commerce sales, which now account for 10% of overall turnover.
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Lucapa Recovers 78 Ct Diamond From Mothae in Lesotho
Dec 10, 2018
Lucapa Diamond Company Limited, reporting the recovery of a large stone from the Mothae kimberlite mine in Lesotho (Lucapa 70%; Government of Lesotho 30%) said that the early recovery of a 78 carat white diamond through its new plant “highlights Mothae’s large stone potential”.
News
Stornoway Announces Completion of C$ 129 Million Financing Arrangements
Dec 10, 2018
Stornoway Diamond Corporation has said that all the remaining tranches of its previously announced financing package of C$ 129 million have now been received with the completion of a $ 10 million private placement with Ressources Québec inc. (RQ), acting as agent for the Government of Québec.

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