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It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

ALROSA reports financial results for Q3 and 9M 2017

Yesterday

The company’s revenue in 9M 2017 amounted to RUB 214.5 bn, EBITDA to RUB 100.0 bn, net profit to RUB 61.9 bn, and free cash flow to RUB 61.8 bn.

President of ALROSA ordered disciplinary sanctions following the accident at Mir

Yesterday

Sergey Ivanov, President of ALROSA signed an order on disciplinary sanctions against the company's executives who violated the requirements of industrial safety, which contributed to the accident at the Mir mine on August 4, 2017.

India's polished diamond exports down 23% in October

Yesterday

Exports of cut and polished diamonds from India during October reduced from $ 2.52 bn last year to $ 1.93 bn this year, a decline year-on-year of 23.33%, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.

Lucapa’s Lulo on track to break production target

Yesterday

Lucapa Diamond, which has a 40 percent stake in the Lulo diamond project in Angola, said it is on track to break its record 2017 annual production target.

H.H. King Philippe graces roundtable on sustainability in Mumbai

Yesterday

H.H. King Philippe of Belgium who was in India on an official visit, graced a Round Table on “Best Practices from the Diamond Business to Foster Socio-Economic Development” organized in Mumbai jointly by The Gem & Jewellery Export Promotion Council (GJEPC) and the Antwerp World Diamond Centre (AWDC) on November 9, 2017.

Diamond grade at Gahcho Kué mine exceeds forecast in Q3

Yesterday

According to Mountain Province Diamonds results for the third quarter ended September 30, 2017, average diamond grade at the Gahcho Kué mine was approximately 28% above the original plan and amounted to 2.07 carats per tonne.

Christie's sells record-priced diamond in Geneva

Yesterday

The largest diamond to be offered at auction was sold by Christie's in Geneva on Tuesday for a record $33.5 million, auction house said.

Diamond Producers Association launches new “Real is Rare” advertising

16 november 2017

The Diamond Producers Association (DPA) launches new “Real is Rare” advertising tonight on the 18th Annual Latin Grammy Awards airing on Univision. “The Reveal” is one of two new videos presenting a modern take on love and diamonds.

The share of rough produced by ALROSA and processed in Russia is to increase to 50% - Trutnev

16 november 2017

The share of rough produced by ALROSA and processed in Russia is to increase to 50%, said Yury Trutnev, Deputy Prime Minister and Plenipotentiary Envoy of the Russian Federation President to the Far Eastern Federal District, who is overseeing the diamond miner.

Lucapa, partners unearth eighth diamond greater than 100ct in Angola

16 november 2017

Lucapa Diamond and its partners Endiama and Rosas & Petalas have recovered an “exceptional” high-value 129.58 carat diamond from the Lulo diamond project in Angola.

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