Headlines

Gem Diamonds Upbeat On Sales And Cost-Cutting

Gem Diamonds Limited Chief Executive Clifford Elphick said prices achieved at its Letseng mine for the half year ending 30 June are 10% up from the prices achieved in the preceding 6-month period, notwithstanding the planned limited contribution from the Satellite pipe ore and current diamond market conditions.

IGI Names Avi Levy New North American President

The International Gemological Institute (IGI) announced today that Avi Levy will serve as the new president of IGI North America. Avi succeeds seasoned industry veteran Jerry Ehrenwald, GG, ASA, who has served as IGI North America president and CEO since 1991.

Ernie Blom Writes To Hong Kong Show Organizers For Assurances

The following letter was sent by WFDB President Ernie Blom to Ms Celine Lau, Director of Jewellery Fairs, Informa Markets, Hong Kong.

ALROSA set to host second annual True Colors Auction in September

ALROSA is set to host the second annual True Colors auction of natural color diamonds in September. Customers will have the opportunity to view the diamonds at the Hong Kong Jewellery & Gem Fair between 16th to 20th September. The auction will last until September 23th.

Thailand's Leading Gems And Jewellery Bodies To Take Part In Bharat Diamond Week

The Bharat Diamond Bourse (BDB) has signed a memorandum of understanding with Thailand's leading gems and jewellery associations for participation in the Bharat Diamond Week (BDW) which takes place at the bourse from October 14 to 16.

Dubai’s Anticipated Growth in the Diamond Industry

By Martin Leake, Special Advisor - Precious Stones at DMCC

Dubai aims to become the world’s biggest international diamond trading hubs by 2023. Over the last 20 years, Dubai has come from virtually zero transactions in diamond trading in the late 1990s, to $3.6 billion in 2003, and now over $25 billion in 2018.

DDI Appoints Ian Rowe as Executive Director to replace Dorothée Gizenga

The Diamond Development Initiative has appointed Ian Rowe as its new Executive Director, with effect from September 2. His appointment follows the impending departure of Dorothée Gizenga, who as DDI's founding ED has provided leadership and inspiration for more than a decade, and who will now take on a new role as Regional Director to lead DDI's expansion in Africa. She'll be based in Kinshasa, DRC.

Sarine Launches Advanced Lab Services at Bharat Diamond Bourse

Sarine Technologies Ltd recently launched Sarine Lab Services at Bharat Diamond Bourse exclusively for BDB members. These services are offered as part of Sarine’s longstanding commitment to adding value to the diamond industry in India via advanced technologies.

The Sarine Lab Services at BDB provide pregrading to ascertain Light / Cut grade for sorting purposes and are provided free. If a report is required, this can be obtained for an additional fee. Light Performance results are analyzed via the Sarine Light™ system and Cut grade measurement is determined with the Sarine DiaMension® HD system.