Avi Paz, President of the World Federation of Diamond Bourses (WFDB) called on the key players operating in the global diamond and jewellery business to come together and act in unison in an effort to launch a single body dedicated to advancing consumer confidence in diamonds as well as the promotion and marketing of diamonds to the international jewellery consumer markets.
POSTED BY The Editor on November 19th in General News
read morePOSTED BY The Editor on November 18th in General News
The Organizers of a Hong Kong jewellery trade fair have renamed the 2009 Jewellery Fair to enhance and reflect a wider gem aspect of the show.
POSTED BY The Editor on November 18th in General News
Rockwell Diamonds Inc. announced that the unsolicited offer made by Pala Investments Holdings Ltd (”Pala”) to acquire all of the outstanding shares of Rockwell for $0.36 per share (”the Offer”) has been withdrawn.
POSTED BY The Editor on November 18th in General News
Falling rough prices and large bank credits has sparked a fear in the diamond industry. Many banks in Antwerp is now recalling some clients credits whilst some shocking discoveries are made.
POSTED BY The Editor on November 2nd in General News
Alrosa confirmed on Friday that it had already begin cutting supplies of rough diamonds for sale to sightholders, or clients. This is in effort to control the current supplies to their markets in protecting the venerability to the global rough price.
POSTED BY The Editor on November 2nd in General News
A recently research project conducted by the the Catholic University of Louvain (KUL) has demonstrated unmistakably the critical function played by Antwerp’s diamond segment in the economies of Belgium, the province of Flanders and the region of Antwerp. The results of the study project were released during a press seminar held in Antwerp last week.
POSTED BY The Editor on November 2nd in General News
The Gem & Jewellery Export Promotion Council of India (GJEPC) has request to all the rough producers to restrain the supply of rough diamonds for few weeks in order to maintain firmness and confidence in the diamond market during the current economic chaos.
POSTED BY The Editor on October 12th in General News
POSTED BY The Editor on October 10th in General News
The South African diamond cutting industry is in crisis over the short supply of rough diamonds and has convened an industry meeting this month to address the woes that have shrunk the sector.
POSTED BY The Editor on September 30th in General News
Over one million diggers search for diamonds this way in Africa. They make less than a dollar a day, while the global diamond trade nets an estimated $80 billion a year.
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