Art Encapsulates History, Culture And Preserves Value — It Should Enfold Diamonds Too

Times are rough for the diamond industry. Matters have been going from bad to worse and it seems the end of this downturn is still not in sight.

I am tempted to write a “we told you so” piece or launch into a diatribe telling you, “We know the answer to the problem!” The truth of the matter is that taking any of those positions would be presumptuous, as nobody has all the answers and I do not think anybody could have predicted the present market situation.


Global Diamond Industry Has Leadership Framework — We Must Help Ourselves

In this article, WFDB President Ernie Blom responds to a post published on https://gemkonnect.wordpress.com/ by Russell Mehta, Managing Director of Rosy Blue India Pvt. Ltd.

Last Tuesday, Russell Mehta, one of the leaders of the Indian and the world diamond industry, published an excellent blog ‘Collective Leadership: Crisis of The Hour For The Diamond Industry’, in which he singled out the lack of collective leadership in tackling the big issues as the biggest problem facing us all today.

Rio Tinto Diamonds To Stage First Direct Rough Tender in Mumbai

The new Special Notified Zone (SNZ) of Mumbai's Bharat Diamond Bourse will be hosting the first-ever tender of Rio Tinto Diamonds.

The rough diamonds up for sale at the event to be staged at the end of November will be from Rio Tinto Diamonds' Argyle mine in Australia and the Diavik mine in Canada's North West Territories.

Israel Diamond Exchange Preparing For First 'Rough October Fest'

The Israel Diamond Exchange (IDE) will be hosting a number of rough diamond tenders and sales during October in the Ramat Gan diamond trading complex.

In addition to rough diamond tenders and auctions held by Rio Tinto, De Beers Auction Sales and Tzoffey's 1818, a 'Blue-White' Diamond Dealing Day will be held in the IDE trading hall, with dozens of traders offering rough diamonds for inspection and immediate sale, alongside many other IDE members offering impressive stocks of polished goods. Dates for this one-day event are to follow later.

WDC Responds to Time Magazine Article on Conflict Diamonds

Zero Tolerance for Conflict Diamonds

We at the World Diamond Council, as the representative organization of the global diamond and jewellery industry at the Kimberley Process, agree that consumers should be able to buy diamonds with the confidence that they are sourced in a way that supports local communities and not armed conflict.  Due to the success of this unique and UN-mandated system, more than 99% of diamonds are indeed from sources free from conflict.

London Diamond Bourse And Members Take Part in IJL

The International Jewellery London (IJL) 2015 show in Olympia, London, held September 6-8, celebrated its Diamond Jubilee this year.

The trade show was well attended with over 550 companies from 37 countries in attendance.

London Diamond Bourse's Victoria McKay Wins Professional Jeweller Award

Victoria McKay, the chief operating officer of the London Diamond Bourse, has been selected by Professional Jeweller magazine as one of the 'Hot 100' UK jewelry industry individuals. The awards are handed to the most inspiring, innovative and influential members of the UK jewelry trade, the magazine said.

Now in its sixth year, the Professional Jeweller Hot 100 industry event culminated with a party during the International Jewellery London trade show taking place this week.

WFDB President Ernie Blom Takes Part In Debate at Eastern Economic Forum

World Federation of Diamond Bourses (WFDB) President Ernie Blom was among leading diamond and jewelry industry leaders taking part in an industry-specific session of the September 3-5 Eastern Economic Forum (EEF) called New Development Drivers of Global Diamond Business in Asia Pacific on Thursday. He led a WFDB delegation that included the presidents of four bourses from around the world.

Participants in the session discussed the current condition and prospects for further development of the global diamond market, the potential of new jewelry consumer markets, including Russia, measures to stimulate consumer demand, and how to promote demand for polished diamonds.