BlueRock secures loan to settle £230k claim made by ex-CEO

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in South Africa, has entered into a loan with chairperson Paul Beck and chief executive Adam Waugh.

Today

GJEPC to accept any role and shoulder any responsibility that the government gives it - Pramod Agrawal, Chairman, GJEPC

Addressing the Press on the concluding day of IIJS 2018, Chairman Pramod Agrawal and Vice Chairman Colin Shah revealed that The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry...

Yesterday

Vladivostok to host WFDB Asian Summit-Executive Committee Meeting

The World Federation of Diamond Bourses (WFDB) has announced that its Asian Summit/Executive Committee meeting, which will take place in Vladivostok, Russia, is set to be well attended, and will feature a wide range of representatives. The Moscow...

Yesterday

Thailand's Ministry of Commerce to support 62nd Bangkok Gems & Jewelry Fair

The Department of International Trade Promotion (DITP) of Thailand's Ministry of Commerce will be supporting the 62nd edition of the Bangkok Gems & Jewelry Fair (BGJF) under the theme of Heritage & Craftsmanship.

Yesterday

Gemfields’ Kagem mine accused of tax evasion

Gemfields said the Zambian Revenue Authority (ZRA) is investigating its 75 percent-owned Kagem emerald mine for alleged tax evasion.

Yesterday

Paying the Price of Not Taking Control

19 april 2018

(ehudlaniado.com) - In the wake of the alleged scam by Nirav Modi and his uncle Mehul Choksi, a series of steps are being implemented in India, and none assume that the diamond industry is acting with integrity, transparency or reliability. Of course, most diamond trading companies in India and around the world adopt high-standard business practices, but all it takes is a few to act otherwise, and that there be a constant stream of these “few” for everybody to pay the price.