Headlines

World Diamond Mark Mourns Death of Cheng Yu-tung GBM, founder of Chow Tai Fook

The Chairman and Board of the World Diamond Mark Foundation (WDMF) mourn the passing of Mr. Cheng Yu-tung GBM, founder of the Chow Tai Fook Jewellery Group.

Mr. Cheng was one of the pillars of the diamond, gem and jewellery retail industries in Hong Kong and greater China. His vision, reach, resolve and success in developing consumer demand in the world's largest consumer market remain unmatched and will long be remembered.

World Diamond Mark Foundation Executive Committee Members Hear of Latest Developments

The Executive Committee of the World Diamond Mark Foundation (WDM) met in Hong Kong during the September Hong Kong Jewellery & Gem Fair.

WDM Chairman and CEO Alex Popov noted that the Hong Kong fair was an excellent opportunity to gather board members and report on the WDM's activities and progress.

World Diamond Mark launches revamped B2B website

Hong Kong, September 21, 2016: The World Diamond Mark (WDM), the not-for-profit organisation that was established in 2012 by the World Federation of Diamond Bourses (WFDB) to assist retail jewellers in selling more diamonds and to advance generic diamond promotion and advertising among consumers, has launched a completely revamped B2B website, at www.worlddiamondmark.org.

IDE President Yoram Dvash Optimistic Following Hong Kong Show

The sentiment among returning Israeli exhibitors at the close of the September Hong Kong Jewellery & Gem Fair was optimistic, says Israel Diamond Exchange (IDE) President Yoram Dvash.

“In contrast to the last several years, this year’s show was marked by very good traffic. Buyers came in large numbers, and in addition to buyers from India, who come every year, there were many buyers from other East-Asian countries.”

Lucapa's Latest Pink From Lulo in Angola: a 38.6-Ct Gem

Yet another large pink diamond has been found at the Lulo operation in Angola by the Lucapa Diamond Company.

The Canada-based explorer said it is the largest colored diamond it has recovered from Lulo so far, adding that it has not yet been valued.

Diamond Producers Association Appoints New Chief Marketing Officer

The Diamond Producers Association (DPA) has appointed Deborah Marquardt as its new Chief Marketing Officer.

The DPA said that Marquardt will lead all its U.S. activities, particularly focusing on integrated marketing and media initiatives.

She will report directly to the DPA's CEO Jean-Marc Lieberherr. She and her team will work closely with the U.S. diamond and jewelry trade, as well as media, to promote the diamond category with U.S. consumers, the DPA said in a statement.

HRD Antwerp Bans Mumbai Client After Uncovering Grading Discrepancy

HRD Antwerp reported grading discrepancies at its lab in Mumbai involving a limited number of diamonds which were submitted by a certain client.

"As HRD Antwerp is adamant in upholding its excellent reputation in terms of quality, integrity and controls, the company has taken immediate and swift action," the lab said in a statement.

WFDB's Louise Prior Speaks of Changes to Diamond Industry at London Conference

WFDB Executive Director Louise Prior was one of the speakers at an event called From branding to Brexit: inside the Art Business Conference in London recently.