SRK Pledges Towards Net Zero Emissions By 2024

Shree Ramkrishna Exports Pvt. Ltd. (SRK), a globally leading natural diamond crafting and exports company has envisioned achieving net zero emissions for both of its diamond crafting facilities – SRK Empire and…

De Beers Sees 22% Dip in H1 Revenue to $2.8 Billion

Diamond mining major De Beers reported a decline in revenues in the first half of 2023, amidst the ongoing macro-economic headwinds and a substantial inventory build-up in the midstream. The company’s total…

Rio Tinto’s H1 Diamond Revenue Drops 46%

Rio Tinto said revenues from diamonds for the six months that ended 30th June 2023 plunged 46% to $250 million year-on-year, primarily due to lower production volumes, some of which have been…

LVMH Jewellery Sector Sees Stellar H1 Performance

LVMH Moët Hennessy Louis Vuitton reported an impressive first half of 2023, with remarkable revenue growth in the jewellery sector. The company’s total revenue reached an astounding €42.2 billion, marking a significant…

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