New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

Today

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

At IDE, we encourage innovation throughout the bourse and have even opened a technological incubator to host start-ups - Yoram Dvash

A first generation diamantaire, Yoram Dvash founded ‘Y Dvash Diamonds Ltd’ in 1991 in Israel. While the company grew and made progress under his leadership, Dvash joined industry organizations such as the Israel Diamond Manufacturers Association (IsDMA)...

09 january 2019

Cooperation and collaboration are the development trend of today

Pavel Grankin runs the Slava Group of companies and holds the Slava trademark (‘Slava’ means ‘Glory’ in Russian). He has graduated from the Mozhaisky Military Space Academy. He did his military service at the Plesetsk Сosmodrome from 1987 to...

04 january 2019

De Beers speaks on Zim invitation to explore for diamonds again

De Beers’ exploration team landed in Zimbabwe in 1993 and left in 2006, however, they first prospected for diamonds in Marange in the late 1990s. Harare, under the leadership of the then president Robert Mugabe, alleged that De Beers looted diamonds...

24 december 2018

Rebecca Foerster Heads ALROSA USA Inc.

Today

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, one of the largest diamond suppliers in the United States.

Leviev gets back stake in Zambian emerald mine

Today

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.

Stornoway Diamonds stabilises production in Q4

Today

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.

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

Today

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 Prabhu in Mumbai on January 28, 2019.

Namibia diamond trading company appoints new CEO

Today

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 of directors.

IMDH to auction Namibian marine rough diamonds in Antwerp

18 january 2019

The International Mining and Dredging Holdings (IMDH) is set to tender its Namibian marine-mined rough diamonds in Antwerp, according to Bonas-Couzyn NV.

ABN AMRO predicts uncertain future for diamond industry

18 january 2019

The global diamond industry has moved from a relatively stable environment to a highly uncertain environment due to lab-grown diamonds, according to The Diamond Insights report published by ABN AMRO Bank recently.

Signet registers drop in its sales during the holiday season

18 january 2019

Signet Jewelers Limited, the world's largest retailer of diamond jewelry, has announced its sales results for the holiday season, that ended January 5, 2019.

ALROSA earns $463 mln at international auctions in 2018

18 january 2019

In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions for special size (over 10.8 carats) rough diamonds, receiving a total revenue of $463 million for the year.

Lucapa produces 3,089 cts at Mothae as ramp-up phase ‘progresses well’

18 january 2019

Lucapa Diamond said it produced 3,089 carats between November and December 2018 at its 70 percent-owned Mothae mine in Lesotho.

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