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Home > Diamond News Center > Diamond News > Financial News

Financial News

Zimbabwe: Mbada Diamonds Ltd Revenues Top $1 Billion‎

18.03.14, 10:10 / Financial News
MBADA Diamonds Private Limited has surpassed the $1 billion dollar mark in total ‎revenue grossed since commencing operations in Marange

A $75 Million Punishment: Rio Tinto Frustrated over New US and EU Taxes

17.03.14, 09:07 / Financial News
Mining giant Rio Tinto may have to pay an extra US$75 million in annual tax ‎compliance costs as new global reporting requirements in the

Rio Tinto’s Sam Walsh Scores $10 million in Pay and Perks in First Year

16.03.14, 11:18 / Financial News
Sam Walsh, CEO of mining giant Rio Tinto, brought the company from a $3.3 billion ‎loss to a $3.7 billion profit last year, and has seen ...

Zale Shareholder Attempts to Block $1.4 Billion Signet Jewelers Deal

12.03.14, 10:32 / Financial News
A Zale Corp shareholder is trying to prevent Signet Jewelers' $1.4 billion acquisition of ‎the company, claiming the deal undervalues the

Over the Analysts' Head: Zimbabwe Raises $70 million at Antwerp Auction

03.03.14, 11:28 / Financial News
Zimbabwe has accrued $70 million from 959,931 carats that were sold at its second ‎Antwerp diamond auction, Rough & Polished reports

WFDB to Introduce New Policy to Fight Money Laundering

03.03.14, 10:57 / Financial News
The World Federation of Diamond Bourses (WFDB) held a two-day Executive ‎Committee Meeting and Asian Summit in Singapore on February 27

Still Going Strong: US Jewelry Price Inflation at 2% in January‎

26.02.14, 09:56 / Financial News
The US consumer price index (CPI) for jewelry declined 1.7% year on year to 173.78 ‎points in January, the lowest index reading since July

Israel brings Down Import duty on Polished Diamonds to 1 Promil

25.02.14, 10:36 / Financial News
The Finance Committee of the Israeli Knesset has decided Tuesday to lower import ‎duty on polished diamonds from 1.35 promil to 1 promil
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