2020
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Are lab-grown diamonds a threat?
- October 19, 2020
- Posted by: adminz
- Category: News
No CommentsDr. Gaetano Cavalieri has served for the past 19 years as president of CIBJO, the World Jewellery Confederation. Uniting national jewellery and gemstone associations from more than 40 countries, including Russia, and many of the industry’s major corporations and international associations, CIBJO is the industry’s oldest international organization, having been established in 1926. In 2006,
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Diamond market shows signs of revival
- October 19, 2020
- Posted by: adminz
- Category: News
After being virtually shut down since March, the diamond market has slowly started to come back to life. This fall, De Beers, the world’s largest diamond producer by value has reported a growing momentum in sales; several small producers reported their first regular diamond tenders in Antwerp in September; and mines such as Renard in
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38 Israeli Diamond Traders Approach Dubai’s Exchange
- October 16, 2020
- Posted by: adminz
- Category: News
The normalization agreement has opened direct flights and bank dealings with the UAE. The strengthening relationship between Israel and Dubai is already affecting the diamond trade: According to IDEX Online, diamond traders from Israel “are flocking to set up offices in Dubai”. 38 Israeli have approached the Dubai Multi Commodities Centre (DMCC), home to the
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World’s largest known vivid purple-pink diamond could fetch $38 Million
- October 13, 2020
- Posted by: adminz
- Category: News
A 14.83-carat fancy vivid purple-pink internally flawless diamond will be the top lot at Sotheby’s Geneva Magnificent Jewels and Noble Jewels auction on November 11. It is the largest vivid purple-pink diamond ever offered at auction. Its estimate is $23 – $38 million. Named the “The Spirit of the Rose,” it also is one of
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UAE-Israel accord could bring sparkle to Dubai diamond trade
- October 12, 2020
- Posted by: adminz
- Category: News
Dubai, with $21.2 billion in diamonds traded last year according to DMCC, and Israel, with around $12 billion according to its exchange, are Middle East’s main diamond centers; local traders say they are inundated with Israeli inquiries.The week that Israel and the United Arab Emirates normalized ties, Israeli diamond trader Zvi Shimshi headed to the
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Engineers develop app to help diamond buyers
- October 9, 2020
- Posted by: adminz
- Category: News
Four engineers from Surat whose families have been in the business of diamond manufacturing and trading, have developed a mobile application for small and medium scale businessmen dealing in diamonds and jewellery to sell their wares in India and abroad. The app, Diamond Merchant, which was launched two weeks ago for Android and IOS phones
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Mr Mabhudhu ready to contribute towards US$12 billion mining vision
- October 8, 2020
- Posted by: adminz
- Category: News
THE newly appointed Zimbabwe Consolidate Diamond Company (ZCDC) chief executive officer (CEO) Mr. Mark Mabhudhu says he is prepared to contribute towards Zimbabwe’s mining sector growth, which feeds into President Emmerson Mnangagwa’s broader vision of transforming the country into an upper middle income economy by 2030. Zimbabwe’s diamond sector alone, is projected to contribute US$1
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102ct D Flawless fetches $15.7m
- October 6, 2020
- Posted by: adminz
- Category: News
The stone was only the eighth white diamond of comparable size and quality to sell at auction, according to Sotheby’s. Credit: Sotheby’s On Monday evening an exceptionally rare 102.39-carat diamond made auction history as the first gem of its quality to be sold without a reserve. With a live auction taking in online and phone
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Covid-19 and the global diamond industry
- October 6, 2020
- Posted by: adminz
- Category: News
Dr. Gaetano Cavalieri has served for the past 19 years as president of CIBJO, the World Jewellery Confederation. Uniting national jewellery and gemstone associations from more than 40 countries, including Russia, and many of the industry’s major corporations and international associations, CIBJO is the industry’s oldest international organization, having been established in 1926. In 2006,
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India’s diamond factories to stay open over Diwali
- October 5, 2020
- Posted by: adminz
- Category: News
Diamond factories will remain open in Surat, India, over the Diwali, the Hindu festival of light, to fulfill export orders. – (IDEX Online) Manufacturers in the world’s cutting and polishing capital say they can’t afford to turn away business and take the traditional two-to-four-week break. An estimated 650,000 artisans will carry on working over the