Tuesday, September 30, 2008
A gem stone plucked from the earth, the sea, or riverbed often travels across continents to cutting and polishing workshops; and those are more and more found in India. Far away, the Belgian city of Antwerp is still ruler in diamond trading. In these two places, more than a million people make a living cutting and trading diamonds. Sonja Pace, with extra reporting by Mandy Clark, narrates this segment on the gem trade. Gem stones came to Mumbai to be cut and polished.
Gem stones came to Mumbai, a busy street in India's commercial hub, to be cut and polished. Today, the majority of the world's diamonds, mostly small stones, are polished in India - in Mumbai, Gujarat, or Jaipur.
For More Details refer this URL: http://www.voanews.com/english/2008-09-29-voa26.cfm
posted by tamilselvi @ 2:14 AM
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Friday, September 26, 2008
STOCKTON - Diamond Foods Inc. reported record fiscal year earnings of more than $14.7 million, up 75 percent from $8.4 million the year before, beating Wall Street outlook, as net sales topped $531 million in the 12 months ended July 31.
Per share earnings for fiscal 2008 were 91 cents, above mean analyst estimates of 89 cents, as estimated by First Call.
For the fourth quarter, earnings were $2.63 million, or 16 cents per share, more than triple the $774,000, or 5 cents per share, reported in the year-earlier period. Analyst outlook had averaged 13 cents a share, First Call reported.
For More Details Refer This Url :http://www.recordnet.com/apps/pbcs.dll/article?AID=/20080926/A_BIZ/809260318/-1/A_NEWS05
posted by tamilselvi @ 2:34 AM
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Tuesday, September 16, 2008
 Gem Diamonds, which raised $550 million last year when it floated on the London Stock Exchange and followed that with a series of acquisitions around the world, has finished the building of a second plant at Letseng, its key mine in the southern African kingdom of Lesotho, to dual its annual production of high-quality stones to 101,000 carats, worth an expected US$200 million ($107 million) at an average price of $2,000 a carat. It is many times the world average of $91 a carat for uncut diamonds. In the diamond business, values rise unreasonably for larger stones and those with particular brilliance, colours and other special features. Gem has cut costs and boosted manufacture at the Ellendale mine in Western Australia after buying its previous owner, Kimberley Diamonds, for $131 million last year and hopes to produce 600,000 carats from the mine this year, with 730,000 carats on the cards for 2009. The company intends to go aboard on a new project at Gope in Botswana, costing some $225 million over three to four years, and is eyeing expansion and acquisition opportunities around the world. For More Details Refer this Url: http://www.whatinvestment.co.uk/making-money/alternative-investments/recommendations/637411/diamonds-are-forever.thtml
posted by tamilselvi @ 11:10 PM
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Friday, September 5, 2008
Getting engaged is the one of the happiest and exciting moments of your life. Many of us put a lot of effort into making a day unforgettable. An engagement ring is a guarantee to strengthen a relationship and lets others know of your significant other. Diamond Engagement Rings may be in gold, silver and platinum. A valued diamond ring will definitely bring a smile on her charming face and will be cherished by her forever. An engagement ring is a sign of emotions such as love, commitment, eternity, honor, loyalty and promise. Gifting a ring in honor of a union, engagement has been very ancient and it holds the motion of endless togetherness.
The engagement ring has a interesting story behind it. Let’s discover why do we wear an engagement ring? In olden times an engagement ring was worn as sign of showing that she is getting married. And now also in modern life, we show it as a marriage proposal received. It is a beautiful tradition which brings a lot of fond reminiscences to us.
For More Details Refer this URL : http://keralaonline.com/life-style/diamond-engagement-ring_3341.html
posted by tamilselvi @ 6:17 AM
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