AWDC Board Elects New President

The Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of 1,600 diamond companies in Antwerp, has elected Nishit (Bali) Parikh as its new President, replacing outgoing President Stéphane Fischler...

22 february 2018

De Beers’ 2017 core earnings up 2pct despite drop in revenue

De Beers, which is 85 percent-owned by Anglo American, said its underlying adjusted earnings before interest, tax, depreciation and amortization (EBITDA) leaped 2 percent to $1.435 billion compared to $1.406 billion a year earlier despite lower...

22 february 2018

Lucapa Diamond CEO perceives good start for rough diamond market in 2018

The rough diamond market has this year started off “very well” as high demand has seen prices go up in January, according to Lucapa Diamond chief executive Stephen Wetherall.

22 february 2018

GJEPC and MIDC sign MoU for Jewellery Park in Mumbai

The Gem & Jewellery Export Promotion Council (GJEPC) of India and the Maharashtra Industrial Development Corporation (MIDC) signed a MoU for the setting up India’s largest Jewellery Park in Mumbai.

22 february 2018

Stellar starts front end engineering, design for Tongo-Tonguma

Stellar Diamonds said it has started the Front End Engineering and Design study (FEED) for the underground mine development of the Tongo-Tonguma project in Sierra Leone.

22 february 2018

Beneficiation in the Diamond Industry: Other Countries

10 november 2017

(ehudlaniado.com) - So far in our look at beneficiation in the diamond industry, we have seen how many countries have attempted to leverage their rough diamond resources to create additional wealth and employment within their borders. There have been successes and failures, and for many, the longer-term outcome is still unknown. However, in keeping with our broader definition of beneficiation to include the overall benefit of diamonds to any economy, it is important to see how diamonds have helped non-producer nations as well. There are many countries in the world that have never unearthed a single rough diamond, but that still enjoy important economic benefits from the diamond trade.


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