NEWS

WDC Supports KP Team in Central African Republic

WDC Supports KP Team in Central African Republic

New York: The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the global supply chain and protecting the value of natural diamonds, reaffirmed in a press release today its commitment to the Central African Republic (CAR). The statement reads: The WDC supports the efforts in preventing the trade of conflict diamonds originating from CAR and stresses the collaboration of intergovernmental organizations and civil society groups to monitor the situation on the ground. A recent Global Witness report on diamond trading in CAR similarly highlights the importance of continual cooperation from all parties involved in the trade of diamonds in the region.


Finalists for Xifu Wedding Jewellery Design Competition

Finalists for Xifu Wedding Jewellery Design Competition

Hong Kong: The Xifu International Gold Wedding Jewellery Design Competition 2017 is pleased to announce that it has shortlisted 30 finalists who will vie for the Grand Prize that includes a 1kg pure gold bar.


Polished Diamond Prices Decline in June

Polished Diamond Prices Decline in June

Mumbai: Polished diamond prices softened in June after the JCK Las Vegas show demonstrated a cautious and changing US market, according to the recently published Rapaport monthly report.


126 Carat Diamond Recovered from Letšeng Mine

126 Carat Diamond Recovered from Letšeng Mine

London: Gem Diamonds has recovered a “high-quality” rough diamond weighing 126 carats at its Letšeng mine, following a switch to a more lucrative section of the project in Lesotho, the company reported Thursday.


Argyle Diamond Coin Trilogy Sold Within a Month

Argyle Diamond Coin Trilogy Sold Within a Month

Perth: Rio Tinto is delighted to announce the sale of The Australian Trilogy, an AUD$1.8 million one-of-a-kind coin collection featuring a pink, purple pink and violet diamond from Rio Tinto’s Argyle Diamond Mine in the east Kimberley region of Western Australia.


Gold Jewellery Demand May Grow by 9%: ICRA

Gold Jewellery Demand May Grow by 9%: ICRA

Mumbai: The gold jewellery demand is expected to grow by nine per cent in value during calendar year (CY) 2017, following rapid formalisation of the sector, ICRABSE -0.17 % said in a report.
"The gold jewellery demand is expected to grow by nine per cent in values and six per cent in volumes during CY 2017," rating agency ICRA said in a report here.


Lulo Achieves Huge Sales Growth

Lulo Achieves Huge Sales Growth

Luanda: Rough-diamond sales from the Lulo mine in Angola rose 58% in the second quarter, reaching $4.8 million, owner Lucapa Diamond Company reported Wednesday.


Platinum 'Season of Love' Gets Big Thumb’s Up!

Platinum 'Season of Love' Gets Big Thumb’s Up!

Mumbai: Platinum ‘Season of Love’, is an exclusive in- store festival, where customers commemorate their love in true platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading platinum jewellery retailers across India, from 15th May to 15th June and had extraordinary offers available for customers on the purchase of platinum jewellery.


DDE’s Biennial Conference Taking Place in October

DDE’s Biennial Conference Taking Place in October

Dubai: The Dubai Diamond Exchange (DDE) has announced the third edition of its biennial two-day Dubai Diamond Conference 2017, with the theme ‘Destination Next – Shaping the future of an interconnected marketplace’.


ALROSA Appoints Vladivostok Director

ALROSA Appoints Vladivostok Director

Moscow: Alexey Ivanov is a new head of ALROSA branch in Vladivostok. He will be in charge of the branch business development, search for new clients and the Company’s expansion at the platform of the Eurasian Diamond Center (EDC).

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