Russian diamond mining company ALROSA will develop an active strategy for the markets of East and Southeast Asia, ALROSA vice-president Sergei Ulin told Itar-Tass on Tuesday prior to the opening of the 2008 Hong Kong International Jewellery Show
De Beers had meeting with President of Namibia
The Chief Executive Officer of the De Beers Group, Gareth Penny on the meeting with President Hifikepunye Pohamba said that, De Beers Group is working towards exploring new growth markets around the world in an effort to deal with uncertainty over market conditions originating from a poor economic outlook for this year.
The United Arab Emirates (UAE) polished diamond trade (imports plus exports) grew 88 % to $6.41 billion, boosted by soaring business with India.
Pangea Diamondfields sold 3,671 carats for $611,001 at its first tender of diamonds mined at the Dimbi project in the Central African Republic (CAR.)