WebAug 28, 2024 · De Beers sold just $280 million (€252 million) of diamonds this month, 44 per cent less than a year earlier. The only sale smaller in the last three years was in July, when many customers refused... WebNov 17, 2016 · Large segments of the Indian economy, and indeed its diamond and jewelry trade, rely on cash to navigate the country’s infamous bureaucracy and corruption. Cash has also built up substantially from tax evasion with the bulk of that unaccounted for money sitting in higher denomination notes.
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WebJun 18, 2015 · Also this week, online rough diamond broker Bluedax added a new feature to the sales report they circulate: all transactions deemed as a possible loss were … WebDec 16, 2014 · De Beers December sight closed with an estimated value of $600 million. Minor adjustments to prices and assortment qualities were reported in different categories, but no significant changes were noted. Sightholders and brokers reported that a large number of boxes were deferred, with the... bt timah plaza korean food
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WebOct 17, 2024 · De Beers had proceeds of $475 million during the October sales cycle amid weak demand for smaller rough diamonds, the company reported Tuesday. Sightholders described last week’s sight as difficult, as they felt compelled to buy unprofitable goods to maintain bank credit and secure future allocations from the miner. WebSee more of Bluedax on Facebook. Log In. or WebAug 29, 2024 · De Beers said Wednesday that it sold just $280 million of diamonds this month, compared with $503 million in the same period a year ago, which represents a 44% drop. The miner's sales so far this... bt timah plaza