> Naked Hope Diamond, a Rare Sight
Yesterday, for the first time since it was donated, the Hope Diamond went on display without a mounting. To mark its 50th anniversary at the Smithsonian' Museum of Natural History, the renowned diamond is being displayed for the first time as a stand-alone gem, with no setting at all.

(September 24, 2009)

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> IDEX Online Market Report – 24/09/2009
This week, all eyes are on the Hong Kong's Jewellery & Gem Fair which opened on Monday. Trade in the U.S. was steady; 1.00-2.00 are still selling well. Antwerp had good demand as well, though it was not as strong as last week, attributed to the people attending the Hong Kong fair.

(September 24, 2009)

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> In China, The Market Is Still Growing
In 2007, China overtook Germany to become the third largest economy in the world behind second place Japan and leader, the United States. By 2009, China overtook Japan, and is quickly closing the gap to become the most populous country with the biggest economy.

(September 23, 2009)

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> Decent Demand for Diamonds at Hong Kong Show
The September Hong Kong Jewellery & Gem Fair opened Monday, in its new, split location format. Diamond traders are reporting decent but not very enthusiastic trading, contrary to the hopes expressed as late as last week.

(September 23, 2009)

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> BHP Fiscal Profit $8.13 Billion
Multi commodity miner BHP Billiton on Wednesday posted $50.2 billion in revenues for fiscal 2009. Profit after taxation is stated at $8.13 billion after a year of low commodity prices and decreased demand. Diamond sales, according to the company, represent about two percent of current world rough diamond supply by weight and approximately six percent by value.

(September 23, 2009)

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> Bond Holders Want Leviev to Put up Money or Relinquish Control of Company
Israeli diamond giant Lev Leviev is finding that the financial woes of his Africa-Israel conglomerate may affect his diamond accumulated riches. After the company announced it may not be able to meet financial obligations, it offered to convert a $1.2 billion debt into shares worth just $586 million. The offer angered financial institutions, which demanded that Leviev either relinquish control of the company or bring money “from home.”

(September 22, 2009 )

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> Hollywood Starts Wearing De Beers’ Everlon Diamond Knot at the Emmys
Popular as ever, stars continued to add a bit more sparkle with the help of diamonds. This year’s Emmy Awards saw classic and long diamond earrings, diamond bracelets and large diamond rings. Making its red carpet debut was the just launched De Beers generic diamond jewelry line Everlon Diamond Knot. Everlon is part of the diamond miner’s holiday sales effort.

(September 21, 2009)

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> Lucara Granted Mothae Project Mining Lease
Lucara Diamond Corp. has been granted a diamond mining lease for the Mothae project in Lesotho by the Lesotho Department of Natural Resources, the company announced Monday. The lease has an initial term of 10 years and is renewable for an additional 10 years.

(September 21, 2009)

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> Swiss Watch Exports $7.87 Billion in August
Swiss watch sales remained weak in August, but saw a certain recovery compared to earlier months, despite tepid demands in Hong Kong and the U.S., according to the Federation of the Swiss Watch Industry.

(September 22, 2009)

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> IDEX Online Research: Tiffany Posts Solid Q2 Profits Despite Very Weak Sales
Even though worldwide sales were down 16 percent, world-renowned jeweler Tiffany & Co., posted a solid, though diminished, profit for the July ended quarter. Quarterly revenues for the company were $612.5 million, and after-tax earnings were $56.8 million, above Wall Street forecasts. As Tiffany’s vice president of investor relations, Mark L. Aaron, said, “It appears to us that the tide may be slowly turning in our favor.”

(September 16, 2009)

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> Three Countries Accused of Using Child Labor in Diamond Mines
The Democratic Republic of the Congo (DROC), Liberia and Sierra Leone use child labor in their diamond activities, according to a recent report by the U.S. Department of Labor. Sierra Leone is also accused of using forced labor in its diamond industry. The three are just a few of the countries that are accused of using children to produce a long list of products that also includes gold, silver and gems.

(September 14, 2009)

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