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Shrenuj & Co. Commissions New Cutting, Polishing Facility
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Shrenuj & Company Ltd. commissioned a new diamond cutting and polishing factory in Patna. The new facility is expected to create job opportunities for about 1,500 people when it becomes fully operational. At the present time,...
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Manufacturing
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May 20, 2013
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Jeff Miller
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Element Six, Delft Reach Milestone for a Diamond Quantum Network
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Element Six, in collaboration with Delft University of Technology, achieved the entanglement of electron spin qubits (quantum bits) in two synthetic diamonds separated in space. This breakthrough is a major step toward achieving a diamond-based quantum network, quantum...
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Technology
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May 03, 2013
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Jeff Miller
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Rough Markets
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Apr 30, 2013
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Jeff Miller
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Marketing
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Apr 29, 2013
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JA
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Financial-Legal
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Apr 23, 2013
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Jeff Miller
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Sotheby's Magnificent Jewels Sale Tops $53M
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Sotheby's New York sale of magnificent jewels garnered $53,490,938 and was 82.4% sold by lot. The top lot was a 74.79-carat, D, VVS1 potentially internally flawless, type IIa, pear-shaped diamond that sold for $14.165...
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Polished Markets
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Apr 19, 2013
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Rapaport News
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Diavik Diamond Mine's 1Q Production +21%
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Dominion Diamond Corporation, formerly Harry Winston Diamond Corporation, reported that diamond production at the Diavik diamond mine in Canada rose 21 percent year on year to 1.9 million carats during the first quarter, which ended...
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Rough Markets
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Apr 16, 2013
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Jeff Miller
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Rio Tinto's 1Q Diamond Production -4%
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Rio Tinto's diamond production fell 4 percent year on year to 3.24 million carats for the first quarter that ended on March 31.The company's Argyle diamond mine in Australia produced 1.99 million carats, representing a year-on-year...
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Rough Markets
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Apr 16, 2013
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Jeff Miller
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Judge Refers Sterling, Zale to Mediation
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The U.S. District Court for the Northern District of Ohio referred Sterling Jewelers Inc. and Zale Corporation into mediation, or alternative dispute resolution (ADR), in a diamond advertising lawsuit. Sterling sued Zale in November alleging...
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Financial-Legal
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Mar 29, 2013
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Jeff Miller
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Gemesis Partners With Plant-It 2020 for Earth Day
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Press Release: Gemesis Diamond Company — the world’s principal distributor of high-quality, lab-created diamonds and jewelry — today announced a partnership with Plant-It 2020, a non-profit foundation that provides worldwide tree-planting services, in honor of Earth Day...
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Marketing
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Mar 28, 2013
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Gemesis
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Mining
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Mar 21, 2013
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Jeff Miller
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Rockwell Completes Acquisition of the Jasper Mine
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Rockwell Diamonds Inc. acquired the Jasper mine by settling the purchase consideration through an issuance of shares. The agreement to acquire Jasper, which is contiguous to Rockwell's Saxendrift mine, was also part of the transaction intended to unwind...
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Mining
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Mar 20, 2013
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Jeff Miller
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Manufacturing
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Mar 20, 2013
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Jeff Miller
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Marketing
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Mar 19, 2013
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DMCC
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Polished Markets
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Mar 13, 2013
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Jeff Miller
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Hollywood Rolls Out the Red Carpet for Gemesis Diamonds
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Press Release: Following its participation in GBK Productions’ Oscars Celebrity Gift Lounge, the Gemesis Diamond Company made its Oscar debut on the red carpet. The lounge – an opportunity to gift and introduce brands to celebrities...
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Gemstones
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Mar 05, 2013
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Gemesis
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Polished Markets
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Feb 28, 2013
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Dilipp S Nag
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WDC Opens Registration Website for Meeting in Tel Aviv
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The World Diamond Council (WDC) launched a dedicated website for its ninth annual meeting, which will take place on May 5 and 6 in Tel Aviv, Israel. The website enables participants to register online, as well as to book...
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Marketing
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Feb 27, 2013
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Jeff Miller
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Petra Diamonds Records Net Loss of $15M
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Petra Diamonds Ltd. reported a net loss of $15.2 million for the six months that ended on December 31, as it accounted for losses from the sale of its Fissure mines. The miner reported a net loss...
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Mining
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Feb 25, 2013
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Dilipp S Nag
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Indian Dealers Upbeat at Quiet Signature Show
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Sentiment on the opening day of the Mumbai Signature show was fairly positive despite the lack of visitor traffic on Friday. Diamond dealers in India maintained a positive outlook for the market as steady demand and...
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Polished Markets
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Feb 22, 2013
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Avi Krawitz, Dilipp S Nag
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