World Diamond Council AGM Reaches Consensus on Key Reforms
The World Diamond Council (WDC) held its 14th Annual General Meeting (AGM) in Mumbai, reaching consensus on critical areas of reform for both the Kimberley Process and the WDC System of Warranties (SoW).
Alrosa to Piloting GIA's M2M Provenance Program
The GIA announced that Alrosa, the world’s largest producer of rough diamonds, is piloting the Institute’s M2M program.
Blue Nile Opens New Diamond and Jewelry Expert Facility
Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service.
Yoram Dvash to Head New WFDB Strategic Initiatives Committee
Yoram Dvash, President of the Israel Diamond Exchange (IDE), has been appointed to head a new committee of the World Federation of Diamond Bourses (WFDB) to undertake strategic initiatives to advance the global industry, the IDE said in a statement.
Petra Diamonds Appoints Former DTC CEO Varda Shine To Board
Petra Diamonds has appointed former Diamond Trading Company CEO Varda Shine as an independent non-executive director with effect from 1 January 2019.
The mining firm also appointed Bernard Pryor to the same position, saying that the appointments were made in accordance with the Nomination Committee’s three year Succession Plan which is in line with Petra’s development "from a phase of intensive capital expenditure and expansion to a focus on steady-state operations".
IDE Opens Registration for Israel’s International Diamond Week
Registration is now open for the eighth International Diamond Week in Israel (IDWI), to be held from January 28 – 30 at the Israel Diamond Exchange (IDE).
London Diamond Bourse Sponsors Successful UK Jewellery & Watch Industry Network Event
The London Diamond Bourse sponsored the successful JWIN (Jewellery & Watch Industry Network) networking evening at 54 Berkeley Sq. on the evening of October 25.
Indian Market Affects Stornoway Diamond Corp's Results
Stornoway Diamond Corporation reported third quarter sales of 184,620 carats represented run-of-mine production recovered between April and June 2018.
A bourse whose members deal in diamonds, precious stones or jewellery is entitled to apply for membership of the WFDB provided they have been established for at least one full year under a written constitution, have a clearly designated and representative governing body, and are able to prove their means of subsistence.
Members of the bourses affiliated to the World Federation of Diamond Bourses pledge themselves to uphold the traditions, principles of mutual trust, consideration and friendship which prevail among the members of the bourses world-wide.