Written by Saul on May 15, 2012 – 1:55 pm
Fusion Tenders, in cooperation with I. Hennig & Co, is pleased to announce a 100% sell through of all 64 lots of the KAO Production during the sealed bid tender in Antwerp from the 7th-11th May 2012. Richard Collocott, CEO of Namakwa Diamonds commented: “This has been an important week for Namakwa and Storm Mountain [...]
Written by Saul on April 27, 2012 – 11:18 am
Fusion Tenders, in cooperation with I. Hennig & Co, is pleased to announce their agreement with Storm Mountain Diamonds (SMD) to market the run-of-mine diamond production of the KAO mine. The KAO diamond mine in Lesotho is the fourth largest individual kimberlite pipe in South Africa and Lesotho (and the only one mining at or [...]
Written by Saul on April 4, 2012 – 1:09 pm
Last week the world’s third-largest mining company, Rio Tinto announced it was considering selling its diamond assets. This comes on the back of a similar announcement made last November by the world’s largest mining company, BHP Billiton. These two announcements essentially place a quarter of the world’s diamond supply on the block for sale. The [...]
Written by Saul on November 7, 2011 – 7:02 pm
Anglo American Plc has agreed to buy the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion. This deal marks the end of the iconic century-old involvement of the Oppenheimer’s in the diamond industry and giving Anglo as much as an 85 percent stake in the world’s largest diamond company. Undoubtedly this announcement [...]
Written by Saul on January 12, 2011 – 10:44 pm
Wine and art seem to be the flavour of the moment in alternative investment markets with a considerable rise in cash inflow into these tangible assets over the last year. As new wine and art funds have come to the market, there has been a tremendous increase in the exposure of these assets in the [...]
Written by Saul on January 3, 2011 – 11:29 am
Commodity prices surged in 2010. Investment Diamond prices gained 20 percent, however outperformed overall market on a risk-adjusted basis.
Written by Saul on December 21, 2010 – 12:40 pm
Press Release: Global diamond markets have remained robust throughout the all-important Holiday Season giving impetus for rises in polished diamond prices over the last month. The outlook for investment diamonds remains positive with continued upward price movements beyond the +20% gain posted in 2010.