Headlines

Zimbabwe Govt Approves Two New Companies To Mine Diamonds

Zimbabwe is to allow two additional private firms to explore and mine for diamonds, according to Mines Minister Winston Chitando.

There are currently two firms operating in the sector. He did not name the new companies.

   Christie’s Sells Bulgari Fancy Vivid Blue Diamond For $18M At New York Auction

A ring made by Bulgari and set with fancy vivid blue diamond weighing 8.08 carats was sold for $18,312,500 at Christie’s New York Magnificent Jewels auction.

The auction generated sales of $69,225,750, with 95% of items sold by value and 83% by lot. Christie’s said the blue diamond was among the finest such stones ever to have come to market.

De Beers Sale Again Below $500M Sales at Latest Sight

De Beers sold rough diamonds with a provisional value of $440 million in the ninth sales cycle (Global Sightholder Sales and Auction Sales) of 2018.

Buyers from More Than 20 Countries Attend VOD Dubai International Jewellery Show

VOD Dubai International Jewellery Show (VOD DIJS), organized by DV Global Link, a joint-venture company between Dubai World Trade Centre (DWTC) and the Italian Exhibition Group (IEG), hosted local, regional and international exhibitors from 21 countries, showcasing over 25,000 jewelry pieces and holding valuable trade and consumer lifestyle events.

IDI Upbeat Ahead of HK International Jewelry Manufacturers’ Show

The Israel Diamond Institute (IDI) said it is optimistic as it prepares for the November 29-December 2 Hong Kong International Jewelry Manufacturers’ Show at the Hong Kong Convention & Exhibition Centre.

Woman Questioned About Alleged Leviev Diamond Firm Smuggling Ring Kills Herself – Report

A 42-year-old mother of three who worked as a bookkeeper at Lev Leviev's LLD diamond company reportedly jumped to her death from the company's offices at the Ramat Gan bourse.

WDC Expresses Concern About Rate of Reform at KP Plenary

While reiterating its support for the Kimberley Process Certification Scheme (KPCS) as the most effective means possible to end the trade in conflict diamonds, the World Diamond Council (WDC) expressed concern that more progress was not made in reforming its scope during the 2018 KP Plenary Meeting that ended on November 16 hosted by the European Union in Brussels, Belgium.

India’s Polished Diamond Exports Rise Strongly In October

India’s polished diamond exports rose by 19.4% on the year in October, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).