Headlines

Lucara: 472 Carat Diamond, 3rd Largest Ever Found at Karowe

Lucara Diamond Corp. has found a 472-carat, top light brown gem diamond, the third-largest diamond ever recovered from its 100% owned Karowe diamond mine located in Botswana.

Forevermark Launches In Indonesia as Global Expansion Continues

Forevermark, the De Beers Group's diamond brand, has expanded into Indonesia.

Forevermark is partnering with Indonesian jewelry company, Central Mega Kencana (CMK), which will sell Forevermark in its retail brands, Frank & Co., The Palace and Miss Mondial.

NY DDC Holds Israel Diamond Week On New Trading Floor

The Diamond Dealers Club (DDC) held its annual Israel Diamond Week from April 10-12, welcoming Israel Diamond Exchange (IDE) members to its new premises for the first time.

As in the past, members of both bourses exhibited their goods on the DDC trading floor, now located at 50 West 47th Street.

Ongoing Industry Restocking Behind Strong De Beers Sight

De Beers sold rough diamonds with a provisional value of $520 million, following confirmed sales of $564 million in the second sales cycle (Global Sightholder Sales and Auction Sales) of 2018.

Leo Schachter: Rosy Blue to Become a Minority Investor

Rosy Blue has become a minority investor in Leo Schachter, the firm said.

The transaction is expected to close soon, and will mark a culmination of over 30 years of a trading relationship built between the two groups, the Leo Schachter firm said in a statement.

Organizers of Bharat Diamond Week Gearing up for Show

Organizers of the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, are gearing up for the inaugural show which takes place from April 23-25. And ahead of the international diamond week, preparations are in full swing for a cricket tournament that will be taking place from April 8-15, in the run-up to the Bharat Diamond Week.

Registration Opens For 10th Antwerp Rough Diamond Days Event

The 10th Antwerp Rough Diamond Days event will take place on May 16-17.

The show takes place in Antwerp's Diamant Kring, the rough diamond bourse.

Israel Diamond Exchange's Eli Avidar Leaving Diamonds For Politics

Eli Avidar, the CEO of the Israel Diamond Exchange for the past two years, will be leaving the position and intends to become a member of Israel's parliament, the Knesset.

Avidar, who is 53-years-old, also served as the CEO of the Israel Diamond Institute, from which he recently resigned.