Expressing Concern About the “Pace of Reform” in KP, WDC Urges Participants to Support...
The World Diamond Council (WDC) released a statement recently, expressing its concern about the pace of reform during 2018. The organisation, which includes within its fold the entire diamond trade, from...
Q4 and 12M 2018 operating results
Moscow, 24 January 2019 – ALROSA, a global leader in diamond production, reports diamond production volume in 2018 at 36.7 m carats and sales of 38.1 m carats (down 8%). Sales proceeds increased by...
Diamond Developments You Should Be Following: Nov. 16
A new diamond grading machine, broken engagement leads to lawsuit over ring, diamond investment scammer arrested, and other stories on the industry’s radar this week:
- Italian regulator investigates bank sales of diamonds. Diamond investment...
215-ct Diamond is Biggest in Liqhobong’s History
Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho.
The 215-carat stone is being put to a competitive bidding tender process, with viewings in Antwerp...
IDI names new managing director
The Board of Directors of the Israel Diamond Institute (IDI) recently appointed Aviel Elia as the institute's new managing director, replacing Eli Avidar.
Elia, a lawyer by profession, has served as legal adviser and company...
Shopper buys diamond ring for a fiver from charity shop
A shopper has discovered a ring she bought from a charity shop in Bromley for a fiver is actually worth thousands.
The lady, who wishes to remain anonymous, was left speechless when she found out...
Conference cites opportunities in China’s gem sector
An international jewellery and diamond conference, organised by the Guangzhou Diamond Exchange and Guangdong Gems & Jade Exchange, discussed ways to maximise Belt & Road initiatives to bolster China's gem and diamond sector.
The conference,...
Alrosa sells $3million worth of goods at auction in New York
The diamond cutting, polishing and marketing division of Alrosa traveled to New York in June to hold an auction of polished diamonds. Alrosa, which with more than 43 million carats mined in the Russian...
Rare pink-purple diamond ring leads Bonhams HK sale
Fancy colour diamonds continued to reign fine jewellery auctions in Hong Kong. A stunning ring with a rare pink-purple diamond by Chinese designer Cindy Chao recently sold for HK$9.1 million (US$1.17 million) at a...
House of Fraser closures to impact emerging jewellery brands
House of Fraser announced yesterday that it intends to close 31 out of its 59 shops as part of an extensive rescue plan.
If the plan is approved, 2,000 House of Fraser employees will be...
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