DPA, Signet, De Beers working on ‘Project Assure’
Signet Jewelers unveiled further details of an initiative to test synthetic-diamond detectors, a project spearheaded by the Diamond Producers Association (DPA).
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ALROSA announces sales results for March 2017
PJSC ALROSA, the global leader in rough diamond production, has announced rough and polished diamond sales results for March 2017. Rough diamond sales by ALROSA Group in March 2017 amounted to USD 554.2 million. Polished diamond sales for the same period amounted to USD 12.4 million.
Baselworld 2018 will be shorter by 2 days
As the show concluded Thursday in Switzerland, Baselworld organizers issued a press release confirming what was obvious to anyone who went to the annual watch and jewelry show: attendance was down.
Antwerp diamond industry ‘demands solution for banking issue’
In reaction to media reports regarding access to bank accounts, the Antwerp World Diamond Centre (AWDC) said it is “indisputable that Belgian banks discriminate against the entire Antwerp diamond industry“.
De Beers rough diamond sales for Cycle 3, 2017
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the third sales cycle of 2017.
Record smashed as Sotheby’s sells Pink Star to Chow Tai Fook for $71 Million
Chow Tai Fook, the Hong Kong-based jewelry retail giant which is the world’s largest jeweler, paid around $71 million for the 59.6-carat Pink Star diamond today (Tuesday)
De Beers cuts sightholder allocations
De Beers has reduced the supply of rough diamonds it will be offering sightholders in the coming year, as it fulfills its commitment to support diamond manufacturing in Namibia.
De Beers Consolidated Mines recognized for its conservation efforts
De Beers Consolidated Mines (DBCM) has won the Wildlife Ranching SA award for ‘Biodiversity and Social Responsibility’, in recognition of its approach to ecological management, the De Beers Group announced today.
2016 diamond pipeline – survival in the absence of growth
“Survival in the Absence of Growth” was the subject of a panel discussion at the recent Mumbai “Mines to Market Conference.” It certainly summarized succinctly the diamond industry’s 2016 performance. The full 2016 Pipeline article is published in Diamond Intelligence Briefs.
Second Jewelry Industry Summit launches report on supply chain talks
The organizers of the Jewelry Industry Summit announced today the publication of the final report on the recent meeting in Tucson, Arizona.
Israel bourse slices $3M off expenses
The Israel Diamond Exchange (IDE) has reduced membership fees for 200 companies after a cost-cutting program resulted in $2.8 million (ILS 10 million) in annual savings.
Varda Shine to join Sarine Technologies as independent director
Sarine Technologies Ltd has announced that former De Beers’ Diamond Trading Company (DTC) CEO Varda Shine has agreed to join its board of directors as an independent director, subject to approval at the Annual General Meeting to be held in Singapore on April 25.