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

The Kimberley Process mulling over broader definition of "conflict diamonds"

The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under...

17 december 2018

Israel’s diamond trade stabilises in 2018

09 january 2019

According to figures from the Diamond, Gemstones and Jewelry Administration of the Israeli Ministry of the Economy, the country’s net polished exports stabilised in 2018, totalling $4.48 bn.
Israel’s net polished diamond imports totalled $3.04 bn, while net rough diamond exports stood at $2.25 bn, and net rough imports totalled $2.66 bn. While polished exports fell by 2.5%, imports of polished diamonds rose 4.1%, and rough exports went up by 1.1%.
Israel Diamond Exchange (IDE) President Yoram Dvash noted, “After several very challenging years we have begun to see early signs of recovery and we are cautiously optimistic about the future. I’m very glad that the decrease in polished exports has been stopped, and indications are that our industry is headed for a better year in 2019.”
The US is still the primary market for gross polished exports with 48% of the market, followed by Hong Kong with 28%, Switzerland 8%, Belgium 7%, the UK 3% and other countries 6%.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished