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Of Botswana, Namibia and De Beers diamond sales agreements

We are a little wiser now, than we were years ago. We know there is a market out there,” Namibia’s information minister Tjekero Tweya was quoted as saying by a local daily, The Namibian in June 2015 when it was reported that De Beers had “agreed in...

Yesterday

At crossroads…

The diamond market in Mumbai was relatively slow in terms of trading in April, as domestic demand weakened thanks to the jewelers’ strike in the country. Festivals like Hindu New Year and Akshay Tritiya went by during the month with low jewellery sales...

23 may 2016

A Rough Year for the Diamond Industry: Diamond Imports & Exports Update

(ehudlaniado.com) - As anyone in the diamond industry is well aware, 2015 was a challenging year for almost every business in the trade. From a problematic rough to polished price imbalance, to ongoing economic malaise in Europe and reduced consumption of all luxury goods...

Today

Philippe Says Adieu: The Change at De Beers and What It Means

(jckonline.com) - Philippe Mellier was always an odd choice to head De Beers—he was not just the first outsider to serve as CEO, but he came from the transportation business and had no experience in either mining or marketing. What he did have was an impressive résumé...

Yesterday

Botswana’s Trojan horse

(mmegi.bw) - Far from the usual tales of corporations looting Africa, Botswana’s primary corporate partner, De Beers, has been involved with the government in what is considered as one of the world’s longest public-private partnerships. De Beers has gone so far as...

27 may 2016

Sberbank intends to organize a meeting with ALROSA investors in London

Yesterday

(TASS) - Sberbank plans to hold a meeting in London with investors of ALROSA in preparation for the privatization of the company. Maxim Poletaev, First Deputy Chairman of Sberbank told this to reporters on the sidelines of the bank’s annual meeting of shareholders.

EU-India make co-ordinated proposal for KP Chair in 2018 and 2019

Yesterday

Official representatives of the European Union and India which participated in the KP Intersessional made a co-ordinated proposal on 26th May, under which EU will assume responsiblity as KP Vice-Chair in 2017 and as KP Chair in 2018; while India will become KP Vice-Chair in 2018 and assume the position of KP Chair in 2019, as per a report in gjepc.org.

Dominion fiscal Q1 2017 results: diamond sales $178.3m

Yesterday

Dominion Diamond Corporation (Dominion) has released the first fiscal quarter 2017 (February through April 2016) sales results for the Ekati and Diavik diamond mines, and Ekati production results for the period.

Registration for CIBJO Congress 2016 now open, dedicated congress website launched

Yesterday

Registration for the 2016 congress of CIBJO, the World Jewelry Confederation, is now open.

Venezuela Expects to Rejoin Kimberley Process

Yesterday

Venezuela is expected to shortly rejoin the global watchdog for the cessation of conflict diamonds, the Kimberley Process, as it seeks to resume diamond exports, according to a report on Reuters.com.

Diamcor boosts water supply at SA project

Yesterday

Diamcor Mining said it recently completed drilling the first two, of four additional boreholes associated with the recently granted long-term Water Use Licence (WUL) for its Krone-Endora at Venetia Project in South Africa.

ALROSA announces new appointment

27 may 2016

ALROSA, the largest global diamond miner by carat, announced that Matvey Yevseyev had been appointed Vice President of the company. Assuming his new office, Matvey Evseyev will oversee the implementation of a number of special projects carried by ALROSA Group on minefields.

Cleaver replaces Mellier as De Beers CEO

27 may 2016

Anglo American said Bruce Cleaver has replaced Philippe Mellier as the new chief executive of De Beers.

World Diamond Congress debates reflected widespread challenges, says WFDB President Ernie Blom

The 37th World Diamond Congress in Dubai carried to completion on May 19, 2016 zoomed in on the most challenging issues facing the global diamond industry with a special focus on transparency, responsibility and sustainability. The World Federation of...

Yesterday

Nurit Rothmann: Gradually Breaking Down Industry Barriers

Diamantaire Nurit Rothmann has been working in the diamond industry for the past two decades. Starting out in polished goods, but in the past 15 years working in rough goods, she is optimistic about the future, saying the global diamond industry has...

23 may 2016

The 37th World Diamond Congress in Dubai - "Finally, a chance for the entire diamond trade to speak with one voice"

The World Diamond Congress is the most important forum of the global diamond industry, which, in the words of Ernie Blom, President of the World Federation of Diamond Bourses (WFDB), gives its participants an opportunity to express their views on the...

16 may 2016

Moscow, Kremlin, Ilgiz F. and his jewels

The Kremlin Assumption Belfry housed an exhibition of Russian jeweler Ilgiz Fazulzyanov, "Jewels Inspired by Nature." Visitors still cherish the memory of other jewelry exhibitions held in the Kremlin earlier, like "Diamond in Russian Avant-Garde", Faberge...

10 may 2016

All industry members should operate their businesses prudently

Venus Jewel calls themselves ‘Leaders in Solitaires’ and rightly so, given that they are one of the leading Indian companies dealing in solitaires. Rajesh Shah, Partner at Venus Jewel, takes great pride in the fact that the company has 20 years of leadership...

04 may 2016