Israeli net exports of polished diamonds in May totaled $601 million, according to data published by the country’s Central Bureau of Statistics.
POSTED BY The Editor on June 17th in General News
read morePOSTED BY The Editor on June 17th in General News
Zimbabwe has a stockpile of more than four million carats of diamonds mined at the Chiadzwa fields between 2006 and last month.The stones could be worth as much as $1.7 billion, according to a report in Zimbabwe’s The Herald newspaper.
POSTED BY The Editor on May 15th in General News
An estimated 17%, and perhaps as many as 27% of the diamonds on sale in South Africa are Potentially Conflict Diamond from conflict regions in Africa. And equally shocking, thousands of people are paying high prices for stones that are synthetic or have been chemically altered so that they appear to be of a higher quality than they actually are.
POSTED BY The Editor on May 15th in General News
The ongoing global recovery was again in evidence from Belgium’s diamond imports and exports data for April released by the Antwerp World Diamond Centre Diamond Office. Exports of polished goods, in particular, showed a rising price per carat as clients begin to pay more for stones. Prices may also be rising as the economic downturn gives way and consumer demand begins to increase again, enabling margins in polished goods to rise.
POSTED BY The Editor on May 15th in General News
Three U.S. senators have tabled a bill aimed at changing American policy, and specifically as it relates to diamonds.
POSTED BY The Editor on May 15th in General News
Jewelers of America, which represents 10,000 American jewelers, has written to the Kimberley Process Working Group on Monitoring (KPWGM) urging it not to authorise the resumption of shipments of diamonds from the Marange deposits in eastern Zimbabwe.
POSTED BY The Editor on April 8th in General News
DiaLab Diamond and Gem Forensic Laboratories South Africa filed the first fingerprinting patent for diamonds and gems to be used in the commercial reports of Diamond and Gem Certifications last week. The process is being followed by a new in-depth module of a certification process to eliminate fraud and illegal trading.
POSTED BY The Editor on April 8th in General News
Russia’s state-owned Alrosa has grabbed the crown from De Beers as the world’s largest diamond producer.
POSTED BY The Editor on April 8th in General News
Antwerp-based diamond companies will be making their presence felt again in the important Chinese market, with 12 diamond firms exhibiting in the Jewelry Shanghai 2010 show next month.The April 9-12 event, which takes place at the Shanghai New International Expo Centre, follows the Hong Kong International Show earlier this month. The Antwerp pavilion will be in Hall 4.
POSTED BY The Editor on April 8th in General News
Tanzania has closed down the London offices of its diamond sorting firm and transferred its operations to Dar es Salaam.
Commissioner of Minerals in the Ministry of Energy and Minerals Dr Peter Dalaly Kafumu said the closure is necessary following Petra Diamonds’ purchase of De Beers’s interest in the Williamson Diamond mine.
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