Anglo American set to launch sale of diamonds business despite weak market

Anglo American set to launch sale of diamonds business despite weak market

Bankers warn that miner could get less than half the paper valuation of its 85% stake in De Beers

Las Vegas Shows Signal Cautious Diamond and Jewelry Markets

The Luxury and JCK Las Vegas shows opened to mixed sentiment in the diamond and jewelry industry, with exhibitors reporting steady US consumer appetite alongside caution in the trade.  Sentiment was positive on the first days of the Luxury show, which kicked off on Wednesday. Traffic and sales were solid as retailers were mostly keen to secure goods in response to solid end demand, participants told Rapaport News on Thursday.  “People didn’t wan…