Headlines

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).

Vicenzaoro Show Gearing Up For Winter Edition

The winter edition of the Vicenzaoro show will take place from January 18-23, said organizers, the Italian Exhibition Group S.p.A. (IEG).

The first major tradeshow of the year, it is regarded as setting the scene for upcoming jewelry trends and as a showcase for the launch of leading jewelry brands’ latest creations, said the IEG.

IDMA Head VanderLinden: Numbers Of Diamond Manufacturers Declining

International Diamond Manufacturers Association (IDMA) President Ronnie VanderLinden said that during the 38th World Diamond Congress that was held in Mumbai last week the changing landscape of diamond manufacturing was at the heart of the members' discussions.

"We need to recognize that we have lost a significant number of factories, especially in the smaller diamond centers, and that apart from in India, in most Asian and African countries, diamond manufacturing is dwindling," he noted.

Israeli Police Want To Question Lev Leviev Over 'Diamond Smuggling'

Israeli law enforcement officials say they want to question Lev Leviev, the business tycoon whose companies are reportedly at the center of a diamond smuggling ring that operated over years.

Among six people police detained for questioning under caution on Monday are two of his relatives, and four other people who are or had been involved in his companies in Israel and Russia, according to the Ha'aretz newspaper. Police have asked the court to extend the detention of the six suspects.

Alibaba And AWDC Partner to Bring Belgian Diamonds Directly To Chinese Consumers

The Antwerp World Diamond Centre and the Alibaba Group have signed an exclusive partnership to offer Antwerp certified diamonds to Chinese consumers via Alibaba’s B2C marketplace, Tmall.