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Indian diamond manufacturers demand GJEPC take action against defaulters
11 hours 27 minutes
"Average and honest members and their businesses have been tremendously hurt and affected due to these culprits and this has resulted in our credibility hitting rock bottom."
Alrosa signs agreement, about to begin work in Zim
11 hours 39 minutes
According to the terms of the agreement, Alrosa will be allowed to prospect for potential diamond mining fields nation-wide.
Stornoway Diamond going through rough patch
11 hours 44 minutes
Oversupply of rough, high inventory levels in the mid-stream - i.e. among manufacturers - and the reduced availability of bank financing in India detrimental to miner
Lucapa reports positive second quarter
11 hours 54 minutes
Achieving an exceptional average price per carat of US$3,668, Lucapa's Lulo mine generates the world's highest average price alluvial diamond production.
Zim government licenses Anjin and Alrosa operations in Chiadzwa
Mon, 15/07/2019 - 02:15
Zimbabwe's objective is to unpack the diamond potential of the country and reach the target of 10 million carats by the year 2023.
First Israel Diamond Week in Shanghai signals new era of cooperation
Mon, 15/07/2019 - 02:10
The Israeli delegation, led by IDE President Yoram Dvash and IDE Managing Director Eran Zini, includes 16 diamond companies.
Alweendo: diamonds have more potential than only revenue generation -
Mon, 15/07/2019 - 02:05
Rough diamonds have the potential to contribute to improving the lives of citizens and not only generate revenue for the state, the minister said.
Indonesian delegation visits IDE
Mon, 15/07/2019 - 01:05
The meeting between both parties was "about exchanging knowledge and establishing trade relations in the diamond industry and they agreed to promote cooperation.
Argyle presents its annual pick of rare red and pink diamonds
Sun, 14/07/2019 - 03:20
The 64-diamond collection, including three Fancy Red diamonds and weighing 56.28 carats in total, make up the 2019 Argyle Pink Diamonds Tender.
Young Diamantaires meet in London
Sun, 14/07/2019 - 03:15
The key is to invite youngsters in the diamond trade from outside a bourse, to share thoughts and views, improving communications in the trade especially with the next generation.
ALROSA sells $8.2 million of large rough in Israel
Sun, 14/07/2019 - 03:10
The diamonds, weighing a total of more than 1,422 carats, were sold to companies from Belgium, Hong Kong, India, Israel, Russia, the UAE and the USA.
ABN AMRO declares moratorium on rough loans, quoting industry's behavior
Sun, 14/07/2019 - 03:05
ABN-AMRO argues there is not profitability in manufacturing, does not perceive the "necessary change in the current situation" and therefore will not extend loans for rough purchases.
Second-hand luxury retailer the RealReal rakes in $300 million at first public offering
Tue, 09/07/2019 - 23:06
Luxury goods are uniquely positioned for the secondary market. Their original owners typically have closets filled with clothes that are worn infrequently.
India raises duties on precious metals
Tue, 09/07/2019 - 23:00
At a time that precious metal prices are going through the roof, the Indian government decided to impose a tariff of more than 10 percent on these products.
Namibia urges African diamond producers to promote artisanal miners
Tue, 09/07/2019 - 22:05
The formalization of artisanal mining is in line with the African Mining Vision of mineral beneficiation and towards industrialization to benefit local economies.
NDTC nixes possibility of rough diamond auctions
Tue, 09/07/2019 - 19:00
The current rough distribution model is aligned to and fully supportive of NDTC's mandate of facilitating downstream beneficiation in Namibia.
Social Venture, Levin Sources, launches new service to help SMEs ensure product sustainability
Tue, 09/07/2019 - 10:06
"We hope that this service will empower SME jewelers to source more responsibly, in ways that can provide a sustainable market for ethical provenances."
Alrosa sells $3million worth of goods at auction in New York
Tue, 09/07/2019 - 09:05
Among these were eight colorless and 12 fancy colored diamonds. Most of the colored diamonds were graded as Fancy Yellow and Fancy Intense Yellow.
Marie-Chantal Kaninda recognized as one of Africa's 100 most influential women
Tue, 09/07/2019 - 08:05
Forbes Afrique has listed the Executive Director of the World Diamond Council (WDC), as one the continent's 100 most influential women.
De Beers launches three-year programme for female engineers
Tue, 09/07/2019 - 07:10
The program was designed to strengthen the students' employability and leadership skills and cultivate innovative entrepreneurial thinking through the WomEng Innovation Challenge.
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