Headlines

Antwerp and India Collaborating on MyKYCBank Project

The Antwerp World Diamond Centre (AWDC) and India's Gems and Jewellery Export Promotion Council (GJEPC) are to jointly roll out an industry-wide Know-Your-Customer (KYC) exchange platform, MyKYCBank.

World Diamond Council Calls For Open Dialogue Around KP Ahead of Plenary

The World Diamond Council (WDC) called for an open discussion around Kimberley Process reform at the KP Plenary meeting to be held in Brisbane, Australia, from December 9-14.

Technology to Feature at Israel's International Diamond Week

The February 5 to 7 International Diamond Week in Israel (IDWI) will spotlight the role of new technology in upgrading the diamond industry, the Israel Diamond Exchange (IDE) said.

The IDE announced that it will unveil innovative initiatives that will have a big impact on the diamond industry in Israel and worldwide.

Letter To The New York Times Spotlights Differences Between Synthetics And Diamonds

There was an excellent letter this week from Diamond Producers Association CEO Jean-Marc Lieberherr in the prestigious New York Times describing the difference between synthetic stones and diamonds and pointing out the huge difference in how they are produced and environmental and governmental concerns faced by the diamond trade.

Record Black Friday and Thanksgiving Online Sales Due to Mobile Shoppers

Online sales in the United States over Black Friday and Thanksgiving hit record highs as shoppers bought more items using their mobile phones and devices.

That has given encouragement to retailers as they set about holiday season selling.

De Beers: Voorspoed Mine in South Africa to be Sold

Mining giant De Beers is putting its Voorspoed mine in Kroonstad, Free State, South Africa, up for sale.

"After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially extend the mine’s operating life beyond 2020, thereby contributing to the host community through continued employment opportunities and economic activity," De Beers Consolidated Mines (DBMC), its South African arm, said.

First-Ever India International Diamond Week Held by GJEPC

The first-ever India International Diamond Week took place earlier this month in Mumbai under the auspices of the Gem & Jewellery Export Promotion Council (GJEPC).

The aim is to promote the Indian diamond industry worldwide and improve its trade relations with potential countries.

Israeli Diamond Industry Heads to HKJMA Show With Optimism

The Israeli diamond industry said it was positive as exhibitors headed for the November 30 to December 3 Hong Kong International Jewelry Manufacturers’ Show at the Hong Kong Convention & Exhibition Centre.

The Israel Diamond Institute (IDI) said it was the fourth time that it has organized a national pavilion at the show, and it is encouraged by the rise in demand from Asian markets and success at previous shows in the region.