DEF to give $240K to educational institutions
New York – The Diamond Empowerment Fund announced Tuesday that its board of directors approved the granting of funds to its three existing beneficiaries
The R&M “Lettre”
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A firsthand look at the Ebola crisis and the diamond industry
The Ebola outbreak is grabbing all the headlines, yet most of us don’t think about whether it affects our industry. But it does
Hari Krishna exports rolls out incentives for employees
Press Release – Hari Krishna Exports Pvt. Ltd. organized an incentive program, followed by a dinner, for its employees from Surat and Mumbai on October 19, 2014.
Diamond industry: a time for change
The diamond industry must change. Everywhere, everybody is saying the same thing, so nobody can doubt that it must be so.
Why retailers like De Beers’ recycled diamond program
At the De Beers forum at this year’s JCK Las Vegas show, CEO Philippe Mellier surprised attendees by declaring that one of the industry’s biggest problems was diamond trade-ins.
Syn‘Round tripping’ on the wane in India
The theory is that ‘round tripping’ in diamonds began sometime after 2008 when 2% import duty was imposed by the Government of India.
De Beers october sight estimated at $460M
De Beers October sight closed with an estimated value of $460 million. The company reportedly lowered prices for several different categories of goods between 2 percent and 4 percent.
GJEPC raises industry concerns with Gujarat minister
A delegation led by Gems and Jewellery Export Promotion Council (GJEPC) Chairman Shri Vipul Shah met Shri Saurabhbhai Patel, Minister of Finance in the government of the state of Gujarat to present issues of importance to the diamond trade.
Sight report, October 2014
Total goods sold this month are believed to be in the region $465m, which included a range of Ex Plan material.
Where De Beers really makes its money
In May, executives from Anglo were murmuring that the company overpaid when it acquired De Beers, that it wasn’t delivering the return on capital it hoped.
No, De Beers isn’t opening a trade lab (for now)
For the last few years, De Beers has operated the International Institute for Diamond Grading and Research (IIDGR), a lab that issues reports for Forevermark-branded diamonds.
Maxim Shkadov: “We need to create our own sales channel providing maximum penetration to the market”
Taking into account the ongoing discussion about the future of the Russian diamond industry, Rough&Polished asked Maxim Shkadov, CEO of Kristall (Smolensk), the largest diamond manufacturer in Russia and Europe to answer our questions.