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Tag Archive | "De Beers"

Holiday jewellery purchases decline

Wednesday, November 26, 2008

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Diamond Investing News reports holiday season sales for jewellery have declined, disappointing many jewellery companies. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewellery could take the biggest hit in the downturn. Planned spending by affluent consumers on jewellery was down 15 per cent [...]

Diamonds under pressure

Wednesday, October 15, 2008

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Diamond Investing News reports prices of diamond have been stable all year despite the recent turmoil on the markets. Through the commodities price crash, diamond distribution companies have been making record breaking profits on sales of the gem. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing [...]

Russian diamond giant first to report dropping revenues

Wednesday, September 24, 2008

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Diamond Investing News reports its a unique year for the diamond industry despite the US financial turmoil recently. Many companies have been reporting that sales are down, however, sales of top quality gems have risen, and this is causing many companies to churn record breaking profits. The top jewelry sales time is just around the corner, and, [...]

WEEKEND UPDATE

Monday, September 1, 2008

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Resources investors will be carefully monitoring news developments on at least two fronts this week, with a concentration of interest in the progress of Tropical Storm / Hurricane ‘Gustav’ in addition to the recent Russian foreign diplomatic relations with its neighbors and the West.

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