Headlines

WFDB's Young Diamantaires Hold Successful Meeting Despite Typhoon Mangkhut

The WFDB's Young Diamantaires group held a highly successful meeting during the September Gem and Jewellery Fair in Hong Kong.

The breakfast gathering took place on September 14 at the Asia World Expo, despite the chaos caused by Typhoon Mangkhut.

Union Bank Of India Leaving Antwerp

The Union Bank of India is withdrawing from the Antwerp diamond center.

The bank has given notice that it will close its branch in the Belgian port city within a year, according to Chief Executive Officer Rajkiran Rai Gundyadka.

London Auction Could See Fancy Pink Diamond Sell For $1 Million

A rare fancy pink diamond weighing 5.03 carats will headline Bonhams London Fine Jewellery sale on September 26.

The square-cut fancy pink diamond, VS1 clarity, is estimated to sell for at £600,000-£800,000 ($780,000-$1,000,000).

Spending on Weddings In US Flat At $25,439 in Q2

Spending on weddings in the United States in Q2 2018 was flat with a slight decline of 0.5% from $25,569 in Q1 2018 to $25,439 for Q2 2018, according to weddingreport.com .

ALROSA To Auction 11-Ct Deep Purple-Pink Diamond In Hong Kong

ALROSA, the world’s largest diamond producer by output in carats, will hold its first “True Colour” auction of colored polished diamonds during the upcoming Hong Kong Jewellery & Gem Fair.

Firestar Diamond Bankruptcy Trustee Announces Auction of Stock and IP

Richard Levin, Chapter 11 Trustee of Firestar Diamond, Inc. and Fantasy, Inc., is liquidating the diamond and jewelry inventories of Firestar and Fantasy and their patents and trademarks and associated jewelry.

System of Warranties Public Review Ends October 1, Says World Diamond Council

The World Diamond Council (WDC) is encouraging stakeholders to review the System of Warranties (SoW) during its public review period which ends on October 1.

This review period, which began on June 5, is intended to help industry participants better implement and demonstrate commitment to responsible sourcing when buying or selling rough and polished diamonds.

With New Government Support, IDE Offers Free Flights for Diamond Buyers

After years with no government backing, the Israeli diamond industry has entered a new era. That was the message brought by Israel’s Minister of Finance, Moshe Kahlon, when he visited the Israel Diamond Exchange (IDE) today for a New Year celebration on the bourse trading floor.