On gathering precious and semi-precious stones for mineral collections in Russia

During the USSR period, trading and dealing in precious stones - both in their rough (natural) and processed (cut and polished) forms – was forbidden for the country’s citizens. They were only allowed to possess cut and polished precious...

14 january 2019

How the diamond legend was created

In 1973, the Memoirs by Arseniy Zverev, a prominent People's Commissar (Minister) of Finance of the USSR, who held this position from 1938 through 1960, were published. There is one interesting paragraph about diamonds in this book “One of...

09 january 2019

Banks forcing diamond merchants to formalise post-Nirav Modi

(tribuneindia.com) - State Bank of India's new credit policy under which gem and jewellery merchants with loans of Rs 50 crore and above are required to incorporate themselves has left several medium diamond merchants reeling. The country's biggest public sector...

Today

Natural Diamonds are the Natural Choice

(jewellermagazine.com) - No product, as shiny and sparkly as it may be, can take the place of a natural diamond. Boaz Moldawsky explains why synthetic stones are banned by the Israel Diamond Exchange.

Yesterday

Van Cleef and Cartier Are The RealReal’s Top Resale Jewelry Brands

(jckonline.com) - Pre-owned luxury retailer The RealReal recently released its annual Holiday Resale Report, which details the brands that best held their original retail value (and therefore may be the best investments) on the site over the previous year. In...

16 january 2019

ABN AMRO predicts uncertain future for diamond industry

Today

The global diamond industry has moved from a relatively stable environment to a highly uncertain environment due to lab-grown diamonds, according to The Diamond Insights report published by ABN AMRO Bank recently.

Signet registers drop in its sales during the holiday season

Today

Signet Jewelers Limited, the world's largest retailer of diamond jewelry, has announced its sales results for the holiday season, that ended January 5, 2019.

ALROSA earns $463 mln at international auctions in 2018

Today

In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions for special size (over 10.8 carats) rough diamonds, receiving a total revenue of $463 million for the year.

TDC warns entities declaring bankruptcy and restarting business without discharging liabilities

Yesterday

The Trade Disciplinary Committee set up in India has issued a circular for members of the respective organisations intimating them that action will be taken against entities which have declared bankruptcy/insolvency, and continue to conduct business through another entity, without discharging  their liabilities.

Angola extracted 9.43 mln carats of diamonds worth $1.2 bln in 2018 – report

Yesterday

Angola produced 9.43 million carats worth $1.2 billion in 2018, according to Macauhub citing the state-owned diamond company Endiama.

Debtech to export x-ray diamond recovery tech to Sierra Leone – report

Yesterday

Diamond processing technology specialists De Beers Technologies (DebTech) has engaged Paradigm Project Management to supply its X-ray diamond recovery technology to the Tongo diamond mining project in Sierra Leone, according to news reports.

Mountain Province Diamonds announced 4Q and FY 2018 production and sale results  

Yesterday

Mountain Province Diamonds Inc. announced production and sales results for the fourth quarter ended December 31, 2018 and full year 2018  from the Gahcho Kué Diamond Mine ("GK Mine").

CTF’s last quarter growth hit by market uncertainties

Yesterday

Chow Tai Fook Jewellery (CTF) has posted a 6 per cent decline in same-store sales growth in Hong Kong and Macau in the last quarter of 2018 amid the uncertain macro environment, reports The Standard.

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

At IDE, we encourage innovation throughout the bourse and have even opened a technological incubator to host start-ups - Yoram Dvash

A first generation diamantaire, Yoram Dvash founded ‘Y Dvash Diamonds Ltd’ in 1991 in Israel. While the company grew and made progress under his leadership, Dvash joined industry organizations such as the Israel Diamond Manufacturers Association (IsDMA)...

09 january 2019

Cooperation and collaboration are the development trend of today

Pavel Grankin runs the Slava Group of companies and holds the Slava trademark (‘Slava’ means ‘Glory’ in Russian). He has graduated from the Mozhaisky Military Space Academy. He did his military service at the Plesetsk Сosmodrome from 1987 to...

04 january 2019

De Beers speaks on Zim invitation to explore for diamonds again

De Beers’ exploration team landed in Zimbabwe in 1993 and left in 2006, however, they first prospected for diamonds in Marange in the late 1990s. Harare, under the leadership of the then president Robert Mugabe, alleged that De Beers looted diamonds...

24 december 2018

The Kimberley Process mulling over broader definition of "conflict diamonds"

The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under...

17 december 2018