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The Financial Action Task Force’s (FATF) latest typologies report has concluded that the diamonds trade is subject to considerable money laundering and terrorist financing vulnerabilities and risks.
The internecine wars, which took place in the 1990s in Angola, the Democratic Republic of the Congo, Liberia and Sierra Leone, were largely bankrolled and fuelled by trade in conflict minerals, particularly diamonds.
London – De Beers is now in the manufacturing stage with its melee screener and will lease it to interested sightholders in the second quarter before placing the device in a grading and research facility it operates in Antwerp, making it open to the trade more generally.
Rough prices, premiums rise. The De Beers January sight closed with an estimated value of $700 million as the company raised prices by 5 percent on average.
Results from the just concluded 2013 are slowly coming in and they are providing a mixed view of the year.
World Federation of Diamond Bourses (WFDB) President Ernest Blom, and Alex Popov, chair of the World Diamond Mark Foundation (WDMF), explained the outlines of the World Diamond Mark generic diamond marketing campaign at a seminar during the fifth edition of the Antwerp Diamond Trade Fair (ADTF) today (Tuesday).
No need to introduce Varda Shine to the diamond professionals! About to embark on her new life, the iconic Executive Vice President of Global Sightholder Sales at the DTC has agreed, for www.rubel-menasche.com, to go over her career within De Beers.
The Parisian diamond dealer Rubel & Ménasché has been awarded the RJC Certification for the 2nd time.
New York – Lab-grown and over-graded diamonds, smartwatches and the per-ounce price of gold are among the topics expected to have a big impact on the jewelry industry this year.
In an interview with Michael J. Kowalski, Chairman of the Board and CEO of Tiffany & Co., we discussed corporate social responsibility, ethical sourcing and responsible mining, lessons in leadership, and much more.
I don’t know why but I’ve always been fascinated with demographics and the differences among the generations: what were the cultural influences that shaped the ideals of those in their 60s versus those in their 20s and 30s.
De Beers CEO Philippe Mellier said the diamond miner has been consulting with Sightholders’ and looking “at a variety of new ways to strengthen our relationship with Sightholders in the next contract.“