Wednesday, 15 July 2015

De Beers sightholders refuse boxes


























De Beers’s the world’s largest rough producer felt the pain, when only $300 million of the $450 million estimated sight was taken up by their sightholders. This leaves 30 percent of the rough on offer  on the table.

Source: DCLA

Monday, 6 July 2015

Greece Shuts Down Access to Safe Deposit Boxes

 safety-deposit-boxes

A few minutes ago the deputy Minister of Finance Mrs Olga Valavani said safe deposit boxes will be reserved! Bank officials denied this statement.

More: LINK

India’s diamond sector is hurting from Defaults and lay-offs


















The diamond sector in Surat is experiencing rising losses and payment defaults.
 
This is causing uncertainty for workers in India's diamond capital. 

Read more:DCLA

How Efforts to Control the Diamond Trade Are Hurting the Very Communities They Were Supposed to Protect

For more than two decades, global policies aimed at restricting the flow of diamonds from conflict zones most notably through the “blood dia...