Headlines

IDE Announces Registration Open for Israel’s International Diamond Week

The Israel Diamond Exchange (IDE) said that registration has opened for the seventh International Diamond Week in Israel (IDWI). It will be held from February 5 to 7.

De Beers Adopting Blockchain-Based Technology To Track Diamonds More Efficiently

De Beers is to use blockchain-based technology to enable better tracking of its diamonds.

"In a world of fleeting connections and disposable luxury, diamonds must stand for enduring value that is grounded in confidence," said De Beers CEO Bruce Cleaver.

Laurence Graff Buys 'Peace Diamond' For $6.5 Million

Graff Diamonds' chief Laurence Graff has acquired the 709-carat 'Peace Diamond' at auction in New York for $6.5 million.

The stone was discovered in Sierra Leone by a clergyman in March.

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.