R/€ = 15.90 Change: -0.01
R/$ = 14.08 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

World Diamond Congress to be held in Mumbai in October

By: Schalk Burger     11th July 2018 The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, from October 23 to 25. “This is a very important meeting where we... 

The Israeli billionaire forcing Glencore to buck US sanctions

By: Bloomberg     16th June 2018 Not many billion-dollar companies would be willing to circumvent US sanctions for their business partner, but then few people are as powerful as Dan Gertler in the Democratic Republic of Congo. Gertler scored a victory when Glencore said on Friday that it would evade US sanctions to keep paying... 

World Diamond Congress cancelled

By: Anine Kilian     11th May 2018 The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have cancelled this year’s World Diamond Congress, which was due to be held in Tel Aviv, Israel, in June, as a result of a weak response to registration for the event. The organisations... 

He got rich on Congo mines until bribe probe put future on hold

By: Bloomberg     23rd February 2018 A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go. The US government accused Gertler of corrupt mining and oil deals in the Democratic Republic of Congo and said he acted as a middle-man to enrich his longtime... 

Tel Aviv Tramway Red Line signalling project, Israel

By: Sheila Barradas     1st December 2017 NTA Metropolitan Mass Transit System has signed a contract with Alstom for the signalling project. 

Daimler invest in solution to make EV charging as fast as filling a petrol tank

By: Irma Venter     20th October 2017 The trucks division of German mobility group Daimler has invested in Israeli firm StoreDot, in an effort to accelerate the adoption of FlashBattery technology in the electric vehicle (EV) market. StoreDot, a Tel Aviv-based company founded in 2012, is a nanotechnology materials firm focused on the... 

As banks flee diamond trading, a startup plans to fill the gap

By: Bloomberg     18th October 2017 As major banks abandon the diamond trading world, one new lender is preparing to jump in. Dfin, a London-based corporate finance firm that specializes in the diamond sector, plans to lend $250-million to diamond polishers, cutters and traders -- known in the industry as the midstream -- over the... 

Daimler teams up with firm that promises five-minute EV charging 

By: Irma Venter     19th September 2017 The trucks division of German mobility group Daimler has invested in Israeli firm StoreDot, in an effort to accelerate the adoption of FlashBattery technology in the electric vehicle (EV) market. StoreDot, a Tel Aviv-based company founded in 2012, is a nanotechnology materials firm focused on the... 

For world's super-rich, a pink diamond is forever

By: Reuters     10th May 2017 For the world's super-rich, the investment of choice is increasingly a very rare naturally pink diamond, an asset class that this year has set records at auction. Tobias Kormind, MD of 77 Diamonds, which has a shop in London's Mayfair district and sells online, says the trend for coloured stones... 

Durban, Joburg and Cape Town join global list of Treepedia cities

By: African News Agency      5th May 2017 Treepedia, an interactive website that measures the “green canopy” – trees and vegetation of cities around the world – has included Johannesburg, Durban and Cape Town as its first African cities. The announcement was made during the World Economic Forum on Africa in Durban on Friday. 

The diamond magnate at the heart of Och-Ziff’s Africa ambitions

By: Bloomberg     30th September 2016 Dan Gertler, an Israeli diamond tycoon, gave Och-Ziff access to some of the richest mineral deposits in Africa. Using his close ties to the president of the Democratic Republic of Congo, Gertler developed a virtual monopoly in the country’s diamond exports for a time. He then expanded into other... 

Cape Town welcomed into 100 Resilient Cities programme

By: Natasha Odendaal     31st May 2016 The City of Cape Town has been given a shot in the arm in tackling the social, economic and physical challenges inherent in urban environments with its selection as a member of the Rockefeller Foundation’s 100 Resilient Cities (100RC) programme. The city was now one of 100 cities worldwide set to... 

Diamond industry in the midst of ‘complicated’ times – Blom

By: Megan van Wyngaardt     15th June 2015 Falling profitability, declining bank credit, synthetic stones, overgrading and generic diamond marketing were challenging the sustainability of the global diamond industry, World Federation of Diamond Bourses (WFDB) president Ernie Blom said on Monday. Speaking at the 2015 Presidents Meeting in... 

Presidents meeting sets tone for world diamond discussions

By: Megan van Wyngaardt     5th June 2015 The World Federation of Diamond Bourses’ (WFDB’s) and the International Diamond Manufacturers Association’s Presidents Meeting will be an opportunity to hold talks with some of the leaders of the world's major diamond mining companies on the recent establishment of the Diamond Producers... 

World’s water-recycling leader has even higher aspirations

By: Martin Zhuwakinyu     5th July 2013 Water-constrained Israel hopes to recycle up to 90% of its municipal effluent for irrigation in the next decade – up from about 80% at present – as it continues to take measures to ensure adequate supply in the face of rising demand, resulting in part from an increasing population. Recycling... 

Israel continues to churn out innovative water solutions

By: Martin Zhuwakinyu     5th July 2013 Israeli companies continue to churn out technologies that are being lapped up by a global water sector intent on raising efficiency levels as growing populations and other factors continue to expert pressure on available resources. One such company is TaKaDu, whose cloud-based... 

Company Announcement:Ford Opens Silicon Valley Lab

22nd June 2012 The Ford Silicon Valley Lab is now officially open for business, ready to engage the tech community in the quest for the next great idea 

Namakwa poised to become Lesotho’s biggest diamond producer – CEO

By: Idéle Esterhuizen     26th April 2012 London-listed junior Namakwa Diamonds has completed its strategic restructuring and expects to become net-cash generative in the second half of the 2012 financial year, CEO Richard Collocott said on Thursday. The company started production from its Kao mine in late November and is poised to... 

Botswana Diamonds ‘well placed to successfully explore’ – Teeling

By: Idéle Esterhuizen     23rd March 2012 London-listed diamond junior Botswana Diamonds is “well placed” to successfully execute its exploration projects, chairperson John Teeling said on Friday. The company, which is exploring in Botswana, Cameroon and Zimbabwe, had “good ground, funds and skills”.  


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