Headlines

Successful 2017 Leads Forevermark to Enter Major European Markets

De Beers has announced that its Forevermark diamond brand will enter the German market after signing with an exclusive licensee partner, and is also in advanced-stage discussions with potential partners in France and Italy.

The expansion into new European markets comes on the back of a successful global performance throughout 2017 and in 2018 to date, the company said.

Idar-Oberstein Bourse Again Hosts WFDB Presidents and Spouses at ExCo Meeting

By Albert Robinson

WFDB Communications and Media Consultant

It was a cold and rainy night as I arrived at the Park Hotel in Idar-Oberstein on March 10. But that was in stark contrast to the warmth of the greeting from Dieter Hahn and bourse President Jochen Muller the following day as they welcomed me, and the WFDB Presidents taking part in the WFDB Executive Committee meeting, hosted once more by the German Diamond and Gemstone Bourse.

Registration Opens for Bharat Diamond Week at Bharat Diamond Bourse

Registration has opened for participation in the first-ever edition of the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India.

The BDB expects thousands of visitors from India and abroad to take part in the April 23-25 international diamond week. The BDB said that 200 Indian companies will be exhibiting polished diamonds to buyers from across the world.

Organizers of 61st Bangkok Gems and Jewelry Fair: Record Figures Achieved

The 61st Bangkok Gems and Jewelry Fair held from February 21-25 attracted visitors from 113 countries with the top five visiting nations being India, Myanmar, China, USA and Russia, the organizers reported.

Antwerp Diamond Bodies Partnering With CARAT+ 2018 Show

CARAT+ has announced a partnership with the Federation of Belgian Diamond Bourses (FDBD) and the Antwerp World Diamond Centre (AWDC) for the second edition of the show from May 6-8.

IDE: International Tender Center Beat Expectations for First Year

The International Tender Center (ITC) opened by the Israel Diamond Exchange (IDE) in February 2017 has succeeded beyond expectations during its first year of activity, the IDE said.

As a result, the IDE says that the center will be expanded later this year to include a venue for live auctions.  

De Beers – Strong Sales Continue at Second Sales Cycle of 2018

De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million.

ALROSA Sells $1 Billion Of Rough Diamonds In Jan-Feb

ALROSA sold $1.032 billion of rough diamonds in the first two months of this year, with sales of almost $533 million in February.

"In February, the core diamond markets were quite strong," said ALROSA Deputy CEO Yury Okoemov. "The diamond cutting sector continues replenishing stocks. Demand for diamond products was also backed up by good jewelry sales in China on the eve of the Chinese New Year.