DMCC welcomes leading global diamond mining company ALROSA
The ALROSA move further highlights the significant role Dubai is serving as one of the worldâ€™s leading diamond hubs for trade and its connectivity to producing countries in Africa, cutting and polishing markets in Asia and consuming markets in Europe, North America and China.
DMCC to host inaugural Middle East Gems & Jewellery Forum 2014
Gold, diamond and precious stones account for much of the non-oil and energy commodity-based trade in the region, and DMCC has extensively contributed to Dubai's position as one of the world's top three trading hubs for gold, diamonds and gemstones.
Diamond: De Beers production rises 6% in 3Q
De Beers Canada production from the Snap Lake and Victor mines declined 19% to 394,000 carats. The company also reported progress at its developing Gahcho KuÃ© project, after attaining the necessary permits and licensing.