TAGS record breaking Dubai tender to be held from 6 to 12 October

Trans Atlantic Gems Sales (TAGS) record-breaking rough diamond tender is being held at the Dubai Diamond Exchange in Dubai from the 6th to the 12th October 2021, says a press note from the company.

Today

CIBJO releases precious metals special report

With fewer than six weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the third of this year’s CIBJO commissions' Special Reports has been released.

Today

iTraceiT to help the diamond and jewelry industry become more transparent

iTraceiT, a new and independent technology and service provider, will soon launch a robust and user-friendly traceability solution for the diamond and jewelry industry.

Today

Chinese diamond miner apologises to Marange headman – report

Anjin Investment, a joint venture between China’s Anhui Foreign Economic Construction Company (AFECC) and Matt Bronze, an investment vehicle controlled by Zimbabwe’s military, has apologised to Headman Chiadzwa for resuming operations in Marange...

Today

Catoca denies polluting DRC rivers that killed 12 people

Sociedade Mineira de Catoca which produces 75% of Angola’s diamonds, has denied leaking heavy metals from its mine in the northern part of the country.

Yesterday

Household net worth falls by largest amount since the Great Recession, new Fed data shows

05 april 2019
(The Washington Post) - Total household net worth in the fourth quarter of 2018 dropped by the largest amount since the fourth quarter of 2008 when the country was amid a steep recession, according to data released by the Federal Reserve. Total household net worth is a measure of the assets — such as homes, stocks and bank accounts — owned by American families and nonprofits minus their debts. In the fourth quarter of 2018, it fell by about $3.7 trillion, a 3.5 percent quarterly decline. Going back to 1952, the start of the Fed’s data, only three quarters — the third and fourth quarters of 2008, and the second quarter of 1962 — posted bigger declines in household net worth, percentage-wise.