WJA hosts Inaugural Women Executives Forum in NY

The Women’s Jewelry Association (WJA) held the inaugural Women Executives Forum in New York City aimed at businesswomen across jewellery and watch sectors, according to the report in WFDB.

Today

Nirav Modi of the PNB scam arrested in London; denied bail

Modi was arrested yesterday after a London court issued an arrest warrant against him in response to a request by the Enforcement Directorate of India for his extradition in a money laundering case.

Today

Alrosa wants majority stake to mine diamonds in Zimbabwe – report

Russian diamond miner Alrosa, which will be assessing the quality of Zimbabwe’s diamond reserves over the next six months, wants a majority stake to mine diamonds in the southern African country, according to a news report.

Yesterday

Diamond Fields auctions Namibian marine diamonds for $1.1 mn

Diamond Fields has sold 47,298.18 carats of rough diamonds from the ML111 licence offshore Namibia for $1.1 million.

Yesterday

Two distinct, contrasting sectors emerging in global rough diamond market – Lucapa

Lucapa Diamond said the global rough diamond market has divided into two distinct and contrasting sectors.

Yesterday

Unions concerned man made diamonds will result in job losses

26 july 2018

(iol.co.za) - De Beers, the world’s biggest diamond producer, could encounter a spanner in the works to their ambitious plans that could see them manufacturing its own diamonds in a laboratory. The producer announced earlier this year that it would start selling synthetic diamond gemstones for the first time in its 130-year history. However, labour unions have called on the company to engage workers first before embarking on any project that might result in job losses.