Headlines

London Diamond Bourse Honors Three Long-Standing Members

The London Diamond Bourse (LDB) held its Annual General Meeting (AGM) on May 9, following which a small reception was held to honor three of the Bourse's long-standing members.

They are: Mr. Manny Grossman, Mr. Graham Ranson and Mr. Bernard Kerber.

Caryl Capeci to Head Chow Tai Fook Jewellery Group N. America Business Hub

Chow Tai Fook Jewellery Group Limited is establishing Chow Tai Fook North America (CTFNA) business hub in Boston.

"Chow Tai Fook North America is positioned to be a leading, single source wholesaler by delivering products, services and know-how especially on technological innovations that help drive profitability and strengthen jewelry retail businesses in the North American market. CTFNA is currently home to diamond jewelry brands, HEARTS ON FIRE and MÉMOIRE. It will offer customized, specialty collections in the diamond and fine jewelry segments, as well as private label offerings, to address the evolving needs of jewelry consumers."

First Ever Rough LGD Tender to be held at Dubai Diamond Exchange

The Dubai Diamond Exchange (DDE) in Almas Tower, Dubai, part of the Dubai Multi Commodities Centre (DMCC), has held its first rough laboratory-grown diamonds tender. The tender event was in line with the DMCC’s strategy to attract, facilitate and drive new trade flows through Dubai, the DMCC said.

Petra Sells 424.89 Carat ‘Legacy of the Cullinan Diamond Mine’

Petra Diamonds has sold the 424.89 carat ‘Legacy of the Cullinan Diamond Mine’ to Stargems Group / Choron ( Belgium ) BVBA for just under $15 million.

The exceptional D colour Type IIa gem mined from the Cullinan C-Cut adds to the most famous diamonds to have originated from this historic mine, the miner said.

DMCC to Hold First Tender of Rough Lab-Growns at Dubai Diamond Exchange

The DMCC will host the first-ever rough laboratory-grown diamonds tender at its Dubai Diamond Exchange (DDE) in Almas Tower, Dubai. The tender is in line with DMCC’s strategy to attract, facilitate and drive new trade flows through Dubai, the DMCC said in a statement.

Diamond Producers Association Reports On Diamonds Carbon Footprint

The Diamond Producers Association has released a specially commissioned report on the reality of modern diamond mining which reveals its positive impact on local communities, challenges stereotypes and identifies areas for further improvement.

OECD Meeting Holds "Deep Dive into Diamonds"

London Diamond Bourse President Alan Cohen, accompanied by WFDB President Ernie Blom and Secretary-General Rony Unterman, attended the OECD meeting on behalf of the WFDB, and presents the following report.

The 13th Forum on Responsible Mineral Supply Chains of the Organization for Economic Cooperation and Development (OECD) in Paris featured what was described as a "deep dive" into developments in upstream and downstream diamond supply chains.

Reputation at the core of Antwerp World Diamond Centre’s 2nd Sustainability Report

The Antwerp World Diamond Centre (AWDC), the umbrella organization of the Antwerp diamond industry, has launched its second sustainability report. It is an integrated report that does not shy away from thorny issues such as ‘reputation’, ‘integrity in the diamond value chain’ and ‘compliance in the diamond industry’. Furthermore, with this report, the AWDC fully adhered to the UN Sustainable Development Goals (SDGs).