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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

Zimbabwe: Anjin Investments is Now Top Diamond Producer in the World

19 december 2011

Anjin Investments, a joint diamond mining venture between China’s Anhui Foreign Economic Construction Company Limited and the Zimbabwe Mining Development Corporation, is now the world’s biggest diamond producer, a company official said last Wednesday, Israelidiamond.co.il reported.
The China/Zimbabwe joint venture began mining diamonds in the Marange fields in July 2010, but only recently has received permission from the Kimberley Process to export its rough diamonds. The company reportedly has a stockpile of some 3 million carats.
According to Anjin director Munyaradzi Machacha, the Anjin has a production capacity of 12,000 tons of ore per day. This week, two additional processing units are scheduled to begin operating.

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