NAMIBIAN RESOURCES Plc has announced its final results for the year ended 28 February 2010.
The year to 28th February 2010 was disappointing as expected due to the cessation of production at Sonnberg following the near collapse of the international diamond market and soaring fuel costs. Our staffing was greatly reduced and care [...]

Shear Minerals Ltd. has successfully closed its marketed private placement equity offering (the “Offering”) and the completion of its purchase of the Jericho diamond mine and related assets in Nunavut (the “Jericho Acquisition”).
The Offering
Under the Offering, 139,451,000 conventional units (“Conventional Units”), each consisting of one common share (a “Common Share”) and one Common Share purchase [...]

Auryx Gold Corp. has added David Hodgson to its Board of Directors. Mr. Hodgson was employed by the Anglo American and De Beers group of companies for over 30 years. From November 2001 through to his retirement in April 2005, Mr. Hodgson served as the Chief Operating Officer of Anglogold Ashanti, where he was responsible [...]

De Beers s.a. (De Beers) is the world’s largest diamond mining and marketing company. De Beers, along with its subsidiaries, is engaged in the exploration, mining and marketing of rough diamonds. The company produces and markets around 40% of the world’s supply of rough diamonds from its mining operations located across Botswana, Namibia, South Africa [...]

Signet Jewelers Limited, the world’s largest specialty retail jeweler, has announced its results for the 13 weeks and 26 weeks ended July 31, 2010.
The company’s gross merchandise margin improved by 70 basis points in the second quarter and by 60 basis points in the year to date, driven by price increases and lower diamond costs, [...]

According to preliminary results, in Q2 2010 the core product sales by ALROSA amounted to $997 million, of which $249.1 million were contributed by sales to the domestic market and $747.9 by export sales.
In H1 2010 rough diamonds sales totaled $1.9 billion, of which sales through long-term contracts accounted for 31%. Sales of rough diamonds [...]

Tiffany & Co. (NYSE: TIF) has reported that its worldwide net sales rose 9% in the second quarter ended July 31, 2010, with solid growth in most regions. A higher operating margin also contributed to a 19% increase in net earnings in the second quarter; net earnings from continuing operations adjusted to exclude nonrecurring items [...]

ATELIER Swarovski is delighted to announce the launch of the ‘Divine Rock Charity Bracelet’ which has been created by the renowned Rock ‘n’ Roll jewellery designer Stephen Webster.
All net proceeds from sales of the bracelet will be donated to the Clinton Bush Haiti foundation to help victims of the recent earthquake. The Swarovski Crystal bracelet [...]