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Angola State Diamond Trader Opens Jewelry Store
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Sodiam, Angola’s state diamond company, has opened a jewelry store, its latest attempt to boost the local trade in the mining-focused country.The launch in Luanda, the capital, is a partnership with Hong Kong-based polished manufacturer KGK...
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Retail
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Nov 15, 2020
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Rapaport News
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KGK Opens Angola Cutting Factory
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KGK Diamonds has become the fourth company to open acutting factory in Angola as part of a national project to boost localmanufacturing, the government said in a post on its Facebook page Monday. The Hong Kong-based sightholder launched the...
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Manufacturing
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Nov 07, 2019
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Rapaport News
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Analysis: Crypto Firms Betting on Diamonds
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Somewhere between the volatility of cryptocurrencies and thestability of diamond prices lies an opportunity for investors. That is, atleast, what several new initiatives to create diamond-backed crypto-coins arebetting on.In fact, developers of these coins, or “tokens,”...
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Technology
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Dec 11, 2018
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Avi Krawitz
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Crypto-Coin Company Acquires $20M in Diamonds
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Singapore-based D1 Mint has agreed to buy $20 million worthof diamonds to back its new cryptocurrency coin, the company said last week. The 1,500 investment-grade diamonds were manufactured byHong Kong-headquartered KGK Diamonds, and...
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Polished Markets
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May 28, 2018
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Rapaport News
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Putin Inaugurates Cutting Factory in Eastern Russia
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India-based KGK Group has launched a diamond-cuttingfacility in Vladivostok in the presence of Russian President Vladimir Putin. The company is spending about $48 million (RUB 2.8 billion)on the factory, where it has the capacity to manufacture 150,000...
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Manufacturing
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Sep 17, 2017
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Rapaport News
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