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Diamond industry faces crisis as Trump raises tariffs
7+ mon, 1+ week ago (265+ words) Under this framework, tariffs on US imports of Indian products will rise from 10 per cent to 25 per cent before spiking to 50 per cent on 27 August. India is the world's largest cutting and polishing centre for diamonds, and the US is…...
Russian diamonds face demand, sanctions headaches
3+ mon, 2+ week ago (197+ words) Alrosa's revenue declined by 25 per cent on a year-on-year comparison, reaching RUB116.04 billion ($AUD2.23 billion) for the period ending 30 June. In a statement, the company noted that "geopolitical tensions, as well as sanctions imposed by a number of countries, continue to have…...
Australian Opal Centre preparing for next big adventure
2+ week, 6+ day ago (302+ words) The Australian Opal Tour takes groups of collectors, gemmologists, and jewellers on a 3,800-kilometre trip, visiting four of the country's most important opal-producing regions. The upcoming tour will depart Sydney on 22 September, visiting Lightning Ridge (New South Wales), Winton (Queensland),…...
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