Headlines

DPA Welcomes FTC Guides, Wants More Clarity To Avoid Consumer Confusion

The Diamond Producers Association (DPA) said it welcomes the release of the Federal Trade Commission's (FTC) Jewelry Guides following six years of consultation with the industry.

Sarine: New Galaxy Inclusion Mapping Service Centre Opened in China

Sarine Technologies Ltd has opened a new Galaxy® service centre for the scanning and mapping of internal inclusions in rough diamonds in the Sha Wan Jewellery Park, in the Panyu District of Guangzhou, servicing the rough diamond trade and diamond manufacturers there and in China, in general.

ALROSA Reports Rise in Output for Q2, But Lower on Year

ALROSA reported that diamond production jumped on the quarter, but was down on the year.

Its Q2 2018 production performance and preliminary trading update is as follows.

Petra Production Soars 15% in FY 2018, Revenue Shoots Up 21%

Petra Diamonds Limited reported that its production soared 15% in 2018, while revenue rose 21%.

De Beers Helps Transfer 200 Elephants To Mozambique From S. Africa

De Beers has begun to transport 200 elephants across 1,500km from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Mozambique.

The operation, one of the largest elephant translocations ever recorded in South Africa, is part of a major conservation initiative to protect the welfare of wildlife in South Africa and help restore Mozambique’s elephant population.

Firestone Diamonds Reports Record Production in Fiscal Fourth Quarter

Firestone Diamonds plc, whose operations are focused in Lesotho, reported record production figures for its fiscal fourth quarter ended 30 June at its Liqhobong diamond mine.

New FTC Guidelines Appear to Give Boost to Lab-Grown Diamond Makers

The US Federal Trade Commission (FTC) has published its revised Jewelry Guides which appear to give a boost to the lab-grown diamond sector.

New NCDIA Asia Office Opened At Jewelry Trade Center In Bangkok

The Asia office of the Natural Color Diamond Association (NCDIA) has opened in the 59-storey Jewelry Trade Center (JTC) in downtown Bangkok providing a base in Asia for NCDIA members around the world, the organization said.

The Bangkok office will be a place to stage seminars for interested consumers to educate them about natural colored diamonds.