Trade Organization

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The Diamond Empowerment Fund (D.E.F.) has announced a $130,000 grant to the Graça Machel Trust, the pan-African women’s and children’s rights organization founded and led by Graca Machel, former First Lady of South Africa and of Mozambique.

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The CIBJO European Jewellery Guild, a new body of leading European associations, has been established as part of the World Jewellery Confederation to represent the interests of Europe-based players in the jewelry and gemstone industries.

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The Dubai Diamond Exchange (DDE), a DMCC (Dubai Multi Commodities Centre) platform, is all set to tackle the debate on ‘How diamonds fit in the new era of millennials’ with moderators Dr T.B. (Mac) McClelland Jr., President & CEO - Middle East, The Luxury Marketing Council; and Tim Dabson, Former De Beers Executive at the helm.

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The issue of Corporate Social Responsibility (CSR) strategies in the gemstone and jewelry sectors came under the spotlight at a seminar held at the VICENZAORO January show in Vicenza, Italy, on January 24.

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In a caution about the challenges facing the global diamond industry, Kimberley Process Chair Ahmed Bin Sulayem expressed the United Arab Emirate's commitment to act responsibly to overcome challenges, according to media reports.

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Stephen Lussier, the chief executive of De Beers' Forevermark brand has been appointed as chairman of the Diamond Producers Association (DPA).

He takes over from Jean-Marc Lieberherr who stepped down from the role after leaving his post as managing director of Rio Tinto's diamond unit.

He was appointed DPA chairman last October a few months after the organization was set up.

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The All India Gems & Jewellery Trade Federation told Bloomberg that Indian jewelers are believed to be losing around 150 million a day in income from a shutdown in protest at a proposed 1% tax which has entered its second week.  

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The Diamond Producers Association (DPA) has announced that Sally Morrison, Managing Director of Marketing, will leave the organization in May to pursue another professional opportunity.

The DPA said that to ensure continuity of momentum in its U.S. marketing activities, Michael Pace will join the organization at the end of March as Interim Managing Director of Marketing, until a permanent replacement to Morrison is appointed.

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After three months of development, DiaCam360 has released a software upgrade, putting its customers at the forefront of diamond imaging technology.

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Watch exports from Switzerland were down for the eighth consecutive month last month, with a value of $1.75 billion, a decrease of 3.3% on the year, the Federation of the Swiss Watch Industry said in a statement.

The export figures were greatly impacted by developments in the Hong Kong market, the Federation said.

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