In the on-going worldwide campaign to eradicate the unethical practice of mixing lab-grown synthetic diamonds with natural diamonds, that set alarm bells ringing in the diamond bourses across the world, international gem-testing laboratories such as the IGI, GIA, SSEF etc. have been in the forefront, diverting all their efforts in scientic research towards developing accurate […]
In a press release dated April 2, 2014, Mountain Province Diamonds Inc. announced the results of an updated and revised “2014 Feasibility Study Report” dated March 31, 2014, on the Gahcho Kué diamond project located in Canada’s Northwest Territories. The feasibility study report for the Gahcho Kué joint venture project, between Mountain Province Diamonds Inc. […]
As a follow-up to the March 18th announcement by De Beers of the selection of five new sightholders, who would receive supply via an Intention to Offer (ITO) for the remaining 2012-2015 Supplier of Choice (SoC) contract period, based on the strong demand demonstrated by these non-sightholder businesses for De Beers rough diamonds via their […]
The Gemological Institute of America (GIA) in a press release dated March 20, 2014 announced that the Ethisphere Institute, an internationally recognized independent center of research that promotes best practices in corporate ethics and compliance and honors superior achievement through its World’s Most Ethical Companies recognition program, has named the GIA as one of the […]
The inaugural Dubai Global Gem & Jewelry Fair (GGJF) jointly sponsored by the Gem & Jewelry Export Promotion Council of India (GJEPC) and the Dubai Multi-Commodities Center (DMCC) was declared opened today (Thursday, March 20, 2014) at Atlantis, The Palm Hotel, the venue of this international event, by Mr. Ahmed bin Sulayem, executive chairman of […]
The Dubai Diamond Exchange in its attempts to consolidate its position as a truly global player in the international diamond trade has been expanding its Board of Directors recently to include experts from diamond-producing countries in Africa, which account for 61% of the World’s diamond production by value and 56% by volume (carats). It was […]
The De Beers Group of Companies in a press release dated March 18, 2014, announced the qualification of five new sightholders for the remaining 2012-2015 Supplier of Choice (SoC) contract period. The companies selected are expected to be appointed formally before sight number four due to be held in May 2014. The De Beers’ modified […]
Australian Stock Exchange (ASX) listed Kimberley Diamonds Ltd. announced on Friday, March 7, 2014, that the company had registered the highest price-per-carat for its rough diamonds, produced at the Ellendale mine, since taking ownership of the mine in February 2013. The overall price achieved at the recently concluded online auction, conducted on the company’s behalf […]
In a press release dated March 5, 2014, Gem Diamonds Ltd. the world’s leading producer of high-value diamonds, announced the sale of the two 160+ carat diamonds recovered from their Letseng la Terai mine in Lesotho at the end of January 2014. The successful sale took place at the Company’s end of February diamond tender […]
The inaugural version of the Hong Kong International Diamond, Gem & Pearl Show, since the introduction of the “2 shows 2 venues” concept by the Hong Kong Trade Development Council (HKTDC) with effect from year 2014, was declared open on March 3, 2014, at the AsiaWorld-Expo (AWE) by the Secretary for Commerce and Economic Development […]