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ZCDC recovers 23 ct gem-quality diamond in Marange

The Zimbabwe Consolidated Diamond Company (ZCDC) has recovered a 23 carat gem quality diamond and a 65 carat near-gem stone from its Marange operations, according to a local media report.

Today

ICA President to be on IBC Shenzhen's Board of Directors

Following the recently signed MOU between IBC and the ICA, Clement Sabbagh, ICA President, has been invited to sit on the Board of Directors of the initiative of IBC Shenzhen’s “One Belt One Road” project, says a press note from ICA.

Today

Israel to hold diamond auction at JCK Las Vegas

The Israeli Diamond Industry will again be among the largest international exhibitors at the JCK Las Vegas show during June 1-4, 2018.

Today

IEG presented details about its project to upgrade and expand Fiera di Vicenza

The Italian Exhibition Group presented in Vicenza comprehensive details about its project to upgrade and expand the city's Exhibition Centre (Fiera di Vicenza).

Today

ALROSA continues to divest its non-core assets

ALROSA summarized the results of the program of its non-core asset disposition in QI, 2018. In January-March the company divested 68 assets, liquidated 1 and granted 4 objects. Actual revenues from sales exceeded 30.4 bn roubles.

Yesterday

‘Ethical diamond businesses still able to access funding’: De Beers CEO

14 may 2018

(indiatimes.com) - Despite diamantaires in the world’s largest diamond cutting and polishing centre facing severe cash crunch following the banks squeezing credits to the small, medium and big diamond companies in the wake of the Punjab National Bank (PNB) bank fraud by Nirav Modi and Mehul Choksi, CEO of De Beers Group Bruce Cleaver believes that there is a good demand for rough diamonds and that the good businesses are still able to access the funding they require.

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