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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...

Today

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

Diamond Fields recovers close to 27 000 carats of diamonds during offshore sampling

12 january 2017
Diamond Fields International Ltd. announced that offshore marine bulk sampling operations conducted by International Mining and Dredging Holding Ltd. recovered 26,965.45 carats from the company's ML 111 concession.
The diamonds were recovered during 62 days of bulk sampling. The two vessels conducted exploratory trenching over the period of July 10 to September 10, 2016, and vertical drill sampling operations.
The diamonds were exported to Antwerp and, after minor losses from check-weigh reconciliation and cleaning, 26,912.20 carats were rendered available for sale. Of the diamonds made available for sale, 8,975 carats have been sealed in Antwerp for future sale. The remaining 17,936.52 carats were sold at a reported sales value of US$4,73 million, or $263.78 per carat.

Theodor Lisovoy, Rough&Polished, Moscow

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