WDC expresses concern about pace of reform during 2018 KP Plenary

WDC urges Kimberley Process participants to support the expansion of the definition of conflict diamonds ahead of the 2019 Plenary Meeting in India

Today

IDI to host 26 companies at the ensuing HKJMA Show

The Israel Diamond Institute (IDI) is reportedly optimistic as it prepares for the Hong Kong International Jewelry Manufacturers’ (HKJMA) Show, based on rising demand in Hong Kong and other Asian markets, and also an anticipated increase...

Today

Botswana Diamonds widens loss to £557k, struggles to attract investors

Botswana Diamonds has recorded a loss after tax of £557,657 for the year ended 30 June 2018 compared to £310,798, a year earlier.

Today

De Beers rakes in $440 mln as demand for low-quality stones remain weak

De Beers, which is 85 percent-owned by Anglo American, said demand for smaller, lower quality rough diamonds is still facing some challenges, as its ninth sales cycle of 2018 raked in $440 million compared with $466 million, a year earlier.

Yesterday

AGD Diamonds unearths four millionth carat of diamonds since the start of 2018

AGD Diamonds, which is developing the Grib diamond field in the Arkhangelsk Province, announced that they had extracted the four millionth carat of diamonds last week.

Yesterday

Martin Rapaport Slaps De Beers—And De Beers Slaps Back

20 june 2018

(jckonline.com) - Martin Rapaport has made a number of fiery denunciations about lab-grown diamonds, so when I heard that he spent his annual JCK Las Vegas breakfast speech lambasting De Beers, I thought he had taken the company to task for Lightbox. But no, he only touched on that topic—and hailed De Beers’ approach as “brilliant”—and was angry about a different, if still important, issue: De Beers’ reluctance to let retailers and manufacturers identify the source of De Beers–mined goods as from the company. (The speech can be watched here and is also embedded at the end of the post.)