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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

Yesterday

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

WFDB & IDMA cancel 2018 World Diamond Congress

10 may 2018
World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have cancelled the 38th World Diamond Congress scheduled to be held in Tel Aviv, Israel, from June 19 to 21, due to weak response to registration, regrets an announcement from the organisers.
The statement also says that influenced by the rising tension in the region, they have reached a decision to postpone the Congress. The Congress is the biennial gathering of the WFDB and IDMA.
In a joint statement, WFDB President Ernie Blom and IDMA President Ronnie VanderLinden said, "It is obviously with very great regret that we have reached the decision to cancel the Congress. We had a full agenda of issues regarding the state of the global diamond industry and preparations were in full swing. However, we have to take all factors into account, and felt it was the correct decision to make which is in the best interests of all concerned. The Congress will be held at a later date which will be determined in the near future.”
The Congress was being organized by the Israel Diamond Exchange, and was due to feature a section on how technology can aid the diamond industry, among other matters.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished

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