Headlines

Receiving More Than You Give – The Benefits of Bourse Membership

Why am I a member of the Diamond Dealers Club of Australia (DDCA), and on the executive committee of the WFDB?

At the DDCA, we understand that the local Australian diamond dealer has to deal with trade shows, RAPNET, IDEX, international dealer's websites, and the odd merchant flying in from overseas to sell goods below prices that local merchants can afford to match.

The question is what can, and does, the local diamond dealer provide that these competitors cannot, and what can we do as a club to protect this local interest? It's important to note that we accept that it is a free market and we don’t begrudge anyone of our members or non-members from searching out legitimate goods with full KP compliance from wherever suits them, and at competitive prices.

What we had to confront in Australia (which only accounts for about 1% of total world diamond sales of polished) is how does the local industry deal with these issues?

Israel Diamond Exchange Launches 2015 Presidents Meeting Site

The Israel Diamond Exchange has launched a dedicated web site for registration for the 2015 Presidents Meeting of leaders of the World Federation of Diamond Bourses and the International Diamond Manufacturers Association.

The site (http://www.presidentsmeeting2015israel.com/) provides comprehensive information regarding the June 14-16 event.

Gem Labs and Jewelry Industry to Hold Special Meeting at CIBJO Congress

Representatives of leading gem laboratories will join diamond, gemstone and jewelry industry leaders in Salvador, Brazil, on May 6, for a special conference on the first day of the 2015 CIBJO Congress, which will focus specifically on the standards and practices used by grading laboratories in the industry, and the quality of the grading reports they produce.

More specifically they will consider the divergence of standards and results that are prevalent in the industry.

WDMF Wins Huge Coverage With 60-Carat Yellow Diamond Necklace

The World Diamond Mark Foundation (WDMF) took to the stage during the recent Istanbul Jewelry Show, with the public presentation of the Victoria Collier, made by Messika Joaillerie of Paris, that features a 60.06-carat, fancy intense yellow diamond.

Global Markets Heading in Different Directions

The global diamond and jewelry markets around the world are showing interesting differences when broken down into their various parts. While the European market is still slow, and China is striving to catch up with sales levels seen until about a year or two ago, the United States is becoming increasingly robust after a six-year slowdown.

WFDB Exco Meeting and Asia Summit Ends After Intensive Talks

The World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit held in Shanghai on March 9 and 10 have ended after two days of intensive discussions on a range of crucial issues affecting the global diamond industry. Regional WFDB presidents, along with WFDB President Ernie Blom, were hosted by the Shanghai Diamond Exchange.

WFDB Asia Bourse Presidents Preparing For Exco and Asia Summit

The finishing touches are being put to the World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit to be held in Shanghai on March 9 and 10.

The regional presidents, along with WFDB President Ernie Blom, will be hosted by the Shanghai Diamond Exchange.

Israel Bourse Sets Up Presidents Meeting Steering Committee

The Special Steering Committee has been established ahead of the Presidents Meeting to be held in Tel Aviv from June 14 to 16.

The IDE President Shmuel Schnitzer and Israel Diamond Manufacturers Association (IsDMA) President Kobi Korn have established a committee that will be responsible for organizing the WFDB/IDMA Presidents Meeting in Tel Aviv in June.