Rebecca Foerster Heads ALROSA USA Inc.

ALROSA, the largest diamond mining company in the world, has appointed Rebecca Foerster as President ALROSA USA Inc. Until recently, Ms. Foerster served as Executive Vice President of Strategic Planning and Marketing at New York’s Leo Schachter Diamonds...

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Leviev gets back stake in Zambian emerald mine

Israeli diamond billionaire Lev Leviev has regained ownership of a 50 percent stake in an emerald mine in Zambia at the heart of a $50-million dispute, according to a media report.

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Stornoway Diamonds stabilises production in Q4

Diamond production of Stornoway Diamonds has stabilised in Q4 after boosting the underground operations at the Renard Diamond Mine in Canada. This might help the company to lift its production guidance 2019, says thediamondloupe.com.

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Gem & Jewellery Domestic Council to be launched in Mumbai on January 28

A new Gem & Jewellery Domestic Council, an apex body that will bring together all the different segments of the industry within India under a common banner, will be formally launched by the Hon’ble Minister of Commerce & Industry, Shri Suresh...

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Namibia diamond trading company appoints new CEO

Namibia Diamond Trading Company (NDTC), a joint venture between the Namibian government and De Beers, has appointed Brent Eiseb as the new chief executive with effect from 1 January, according to local news reports citing the company’s board...

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More Brands Quit Baselworld 2019

07 november 2018
(Rapaport) - Three watchmakers have reportedly stated their intention to leave Baselworld following Swatch Group’s exit from the Swiss show. Zurich-based Maurice Lacroix will not participate in the 2019 event, a Baselworld spokesperson confirmed to Rapaport News. Corum and Raymond Weil have also chosen not to attend, citing the high cost of exhibiting and claiming the trade show lacked fresh ideas, according to reports.