Russia creates a tracing system for polished diamonds and jewellery
Nowadays, we see that the responsible supplies and tracing the provenance of rough diamonds are thriving and widely discussed in the industry.
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De Beers 2019 Sights dates
We are pleased to announce the Sight dates for 2019, which are confirmed as follows:
“We believe that the Blockchain platform has great transformative potential for the industry” Tom Montgomery, De Beers
On April 11th, De Beers representatives came to Paris to present their Blockchain pilot project called Tracr to the French industry.
ALROSA considering bid for diamond polisher Kristall
ALROSA may acquire Russia’s major diamond polisher, Kristall, in a bid to support the country’s gem-cutting industry and help create a stronger competitor to global group De Beers.
De Beers’ plan to use modern technology on an old problem
In the early 2000s, as the Kimberley Process was being forged, an NGO activist told me the best answer to post-war Sierra Leone’s diamond woes just might be De Beers reopening a buying office there. He fretted the company would never do that, as it feared the public relations repercussions.
Historic 6-carat ‘Farnese Blue’ diamond sells for $6.7M
A diamond passed down through generations of European royals now belongs to one anonymous buyer who paid $6.7 million for it.
De Beers: consumer demand for diamond jewelry hits record $82B
Global consumer demand for diamond jewelry hit a new all-time high in 2017, climbing to $82 billion, a 2% increase on the previous year, according to industry insight data published by De Beers Group.
ALROSA sells rough and polished diamonds worth USD 405.3 million in April
Press release – ALROSA Group, the world leader in diamond production, announces diamond sales results for April and four months of 2018.
De Beers Group successfully tracks first diamonds from mine to retail on industry blockchain
Press release – De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform
Blues top fancy color prices
Fancy blue diamonds outperformed other major color categories in price terms during the first quarter, the Fancy Color Research Foundation (FCRF) said.
AWDC & GJEPC launch MyKYCBank partnership at banking summit in Mumbai
The Antwerp World Diamond Centre (AWDC), together with India’s Gem & Jewellery Export Promotion Council (GJEPC), have launched a know-your-customer (KYC) exchange platform, called MyKYCBank.
UAE scraps tax on diamonds
The United Arab Emirates (UAE) has exempted trading in gold, diamonds and precious metals from value-added tax (VAT), according to government news outlets.