Recent articles

Final Instalment of Diamonds Returned to Zimbabwe

Sun, 05/04/2015

The final installment of 500,000 carats of seized diamonds with an estimated value of a little under $29 million has finally been returned to Zimbabwe, bringing a complicated dispute to a close.

Denying an attempt by a South African mining company to attach diamonds to an unrelated case against the State of Zimbabwe, a Belgian Court of First Instance ruled that the diamonds in question were not in fact the property of the state but the property of the Zimbabwean mining companies that produced them.

Turkish Diamond Jewelers, Jewelry Wholesalers And Manufacturers to Visit Antwerp

Thu, 02/04/2015

The Antwerp World Diamond Center (AWDC), together with HRD Antwerp and the Istanbul Borsa, is to stage a Turkish Visitor Program from May 4 to 7.

During the visit, a delegation of Turkish diamond jewelers, jewelry wholesalers and manufacturers will visit Antwerp.

AWDC said the visit will enable local traders to expand their business contacts with those in Turkey.

Israel Diamond Center Opens Advanced Manufacturing Center

Tue, 31/03/2015

An advanced “one-stop-shop” for diamond manufacturing, recently opened near the Israel diamond complex in Ramat Gan, is the first step in an ambitious plan by Israeli diamond leaders to bring back a large part of the offshore diamond polishing business to the country. The plan is being supported by the Israel Diamond Exchange (IDE), the Israel Diamond Manufacturers Association (IsDMA) and the Israel Diamond Institute Group of Companies (IDI).

Israel Diamond Center Opens Advanced Manufacturing Center

Sun, 29/03/2015

ICA Initiates Special Policy To Develop Next Generation of Younger ICA Members

Sat, 28/03/2015

Following on from the policy of the International Colored Gemstone Association (ICA) to encourage younger members of the international colored gemstone industry to join its ranks by reducing membership fees, the organization has announced that it will be taking further steps to develop a new, younger generation of members.

The ICA said the new initiative is part of its overall plans to bring in younger people involved in the business to participate in international events, including the ICA Congress which is held every two years.

Botswana Diamonds Wins New License in Orapa

Wed, 25/03/2015

The Directors of Botswana Diamonds announced that the Botswana government has awarded a new license, PL 085/2015, to Atlas Minerals, the local subsidiary company.

It will be explored as part of the ongoing 50/50 exploration joint venture between Botswana Diamonds and Alrosa.

Stellar Diamonds Announces First Diamond Sales and Revenues

Tue, 24/03/2015

Stellar Diamonds plc, the diamond development company focused on West Africa, announced the sale of 4,414 carats of diamonds in Antwerp for gross revenues of $417,122.

The sale included excellent quality white stones, with a value of $5,000 per carat achieved for one particular five carat stone.

The company withheld 1,617 carats from the sale as the bid prices were not considered acceptable. These goods will be added to future exports and be offered for sale at a later date.

Swiss Watch Exports in February Hit by Drop by Hong Kong

Mon, 23/03/2015

On a high comparison base, Swiss watch industry exports showed a moderate downturn in February.

At 1.7 billion francs (around $2 billion), their monthly result was down 2.0% on the 2014 figure.

The decline was partially offset by the rise posted in January, but the trend for the first two months of the year remained favorable at +1.0%.

The fall in value was largely due to watches in precious metals of which the number of pieces fell. Timepieces in steel also lost ground in terms of both volume and value.

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