IDE's Yoram Dvash: 2017 shaping up to be more positive

After a tough 2015, last year provided the diamond industry with more stability and 2017 could be even better, says Yoram Dvash, President of the Israel Diamond Exchange (IDE) and Vice-President of the World Federation of Diamond Bourses (WFDB). In this...


Education is the most important part of generic diamond promotion effort

The activity of World Diamond Mark® (WDM) established by the World Federation of Diamond Bourses (WFDB) to enhance consumers’ desire to buy natural diamonds is currently focused on the downstream segment of the diamond pipeline in the belief that the...

20 february 2017

There is more growth to come as global market turns to online purchasing

After living in UK and US for a considerable part of his life, Ashraf Ahmed returned to UAE where he lived as a child, only to set up shop in a sector he is passionate about... gem stones and jewellery. A graduate in Business & Finance, Ashraf is adequately...

13 february 2017

Global diamond jewelry sales are expected to decline slightly in 2016 - Bain & Company

Bain & Company, a leading global business consulting firm, offering solutions on issues of strategy and operations, works with over 2,700 major multinational corporations across every economic sector, including the diamond mining industry. Antwerp...

06 february 2017

Kristall is worried about the external environment, which is sometimes changing "categorically"

Kristall Production Corporation is the leader of Russia’s diamond-cutting industry. The company produces almost half of the total amount of diamonds, which are cut and polished in the country. Having over 50 years of diamond manufacturing experience...

30 january 2017

Stellar halts plans to acquire Tonguma diamond project


Stellar said discussions with Octea Mining over the acquisition of Tonguma, which owns a mining license over the Tonguma kimberlite diamond project in eastern Sierra Leone were terminated and is no longer acquiring the company or its mining license from Octea.

IDWI ends on a positive and optimistic note


The International Diamond Week in Israel (IDWI) which was held from Feb.13 to 16 ended on a positive note, with participants showing immense optimism in the future of the diamond industry.

India's fourth series of Sovereign Bonds begins today


The Government of India will come out with the fourth series of Sovereign Gold Bonds 2016-17, which the Reserve Bank of India will issue on its behalf. Applications will be accepted from today through March 3 and the bonds will be issued on March 17.

Rockwell finalises sale of Saxendrift alluvial diamond assets


Rockwell Diamonds has concluded the sale of its noncore Saxendrift alluvial diamond assets in South Africa to private firm Nelesco 318 for C$4.5 million.

Swiss Watch Exports Continue to Decline


The Swiss watch industry started the year where it left off as exports fell in January, albeit at a slower pace than in 2016.

Israel denied work permit to Human Rights Watch due to political involvement

24 february 2017

Human Rights Watch reported that Israeli authorities denied its application for a work permit submitted by the organization’s Israel and Palestine director on the grounds that it is not a real human rights group.

Swarovski to flaunt created diamonds at upcoming Academy Awards

22 february 2017

Swarovski, which ventured into the lab-grown diamond business last May, is going to cut a wide swath this coming Sunday at the Academy Awards ceremony showing off synthetic diamond jewelry created by its subsidiary, Atelier Swarovski specially for the occasion.

Statement on President Trump’s Trade Policy

22 february 2017

(Rapaport) - President Trump's trade policy is based on his principles of “America First” and “Reciprocity.” The big idea is that U.S. purchasing power is valuable and the U.S. should get something for it. America must use its market power to ensure fair reciprocal benefits from trade partners. Those who do not reciprocate, should not be given free access to our markets.

De Beers rough output down 5% to 27.3mct, revenue up 30% to $6.1bn in 2016 – Anglo American

22 february 2017

De Beers’ rough diamond production dropped 5 percent to 27.3 million carats in 2016 compared with 28.7 million carats in 2015, according to preliminary results for the year released by Anglo American.

G&J January exports from India down marginally by 1%

22 february 2017

Overall exports from the gem and jewellery sector during January 2017 stood at $ 2.97 bn, a marginal dip of 1% over the $ 3 bn exported in the January 2016.

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