World diamond trade in 2015-2019 and prospects for 2020

The Kimberley Process is an international organization that regulates the global circulation of rough diamonds. The main goal of the process is the fight against the so-called ‘bloody’ diamonds. The ‘bloody’ diamonds were mined illegally and the money...


So, is there any way to protect polished diamonds?

In April 2019, ALROSA lobbied for the development of a RF government draft regulation by the Russian Ministry of Finance, according to which the jewellery studded with man-made materials featuring the characteristics (properties) of precious...

30 march 2020

Following Revolt, the Rapaport Price List Will Go Monthly

( - Thursdays will never be the same in the diamond industry. Following a furor after he lowered prices by an average of 7% on his March 20 price sheet, founder and publisher Martin Rapaport announced that he was changing many aspects of his widely watched...


From using drones to stockpiling cyanide, miners keep digging amid pandemic

( - From using drones for field inspections to stockpiling cyanide, miners are scrambling to maintain output amid the coronavirus pandemic, a task made trickier in underground mines where social distancing is nearly impossible. The virus has claimed 8,700...


How Luxury Brands Can Win During a Crisis

( - With markets in turmoil and uncertainty at peak levels, CEOs of brands — both in and out of the luxury industry — are asking me: What now? Nearly all sectors have felt an impact. With several parts of China on lockdown and travel between the mainland...

03 april 2020

Kimberley Process mulls digital certificates


The Kimberley Process (KP), which is currently led by Russia, is testing the use of digital certificates for rough-diamond shipments in a bid to improve “efficiency and reduce fraud”.

Gem Diamonds raises $6.7m from second Letšeng flexible tender


Gem Diamonds has raised a further $6.7 million from the second round of the Letšeng flexible tender sales.

Russia celebrated Geologist's Day on Sunday


Last Sunday, Russia celebrated the Day of the Geologist. President of the Russian Federation Vladimir Putin congratulated geologists and industry veterans on their professional holiday and noted the importance of this profession.

Jewelry show in Kazan will be held despite the coronavirus pandemic


Jewelry show in Kazan “JewelerExpo. Kazan” which will be held this year for the 18th time, will take place from June 17 to 21 the Kazan Fair exposition center.

Vast confirms delay of Chiadzwa Community diamond JV

03 april 2020

AIM-listed mining company, Vast Resources says the finalisation process of the Chiadzwa Community Joint Venture with the Zimbabwe Consolidated Diamond Company (ZCDC) is now expected to complete “shortly”.

IDE President calls for government & banks’ support for coronavirus-hit Israeli diamond sector

03 april 2020

The Israel Diamond Exchange in Tel Aviv has reportedly fallen silent, with trading almost ground to a halt after the coronavirus outbreak with majority of workers gone on unpaid leave.

RJK Explorations discovered 18 diamonds from 22.4 kg core sample

03 april 2020

RJK Explorations Ltd. announced that at least 18 natural diamonds, varying in colour, have been recovered in a 22.4 kg drill core sample.

Gem Diamonds raises $12.1m from Letšeng flexible tender sales

03 april 2020

Gem Diamonds has raised $12.1 million from the first round of the Letšeng flexible tender sales process, which concluded on 26 March.

Innovation and automation can conquer any challenges

Rahul Gaywala, the CEO of STPL has been with the Sahajanand Group since 1993 and in his tenure with STPL, he has proved to be a hard-core innovator and technocrat intent on helping to transform the diamond trade from a labour-intensive industry to an...


Memorial Foundation of Carl Fabergé continues to fulfill its tasks

Valentin Skurlov, Ph. D., who is an Honorary Academician of the Russian Academy of Arts, professor, scientific secretary of the Fabergé Memorial Foundation, consulting researcher studying the Fabergé heritage at the Russian department of the Christie's...

30 march 2020

Gaetano Cavalieri: We need to protect the long-term health of our industry

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

23 march 2020

Sierra Leone mulls setting up entity to buy diamonds from artisanal miners

Sierra Leone will revise its Mines and Minerals Act that will, among other issues, pave way for the establishment of a State entity that can buy diamonds from artisanal miners, an official has said. The National Minerals Agency of Sierra Leone director-general...

16 march 2020

David Block, CEO of Sarine Technologies believes that AI will play a bigger role in the industry in the next few years

Armed with an MBA degree from the Kellogg-Recanati School of Business, and a Bachelor's degree in Computer Science from the Tel Aviv-Jaffo Academic College in Israel, David Block is the present CEO of Sarine Technologies, a worldwide leader in the...

10 march 2020