WDC calls for KP members to redefine conflict diamonds

The World Diamond Council (WDC) has appealed to members of the Kimberley Process (KP) attending a plenary session in Dubai that there is a need for unity and action to achieve essential reforms.

Today

CAR wants total lifting of diamond export embargo as KP meets in Dubai

The Central African Republic (CAR) wants to advocate for the complete lifting of a diamond export embargo imposed for more than a decade.

Today

Indian gold coins and medallions exports spike amid gem and jewellery trade decline - GJEPC

India's Gem & Jewellery Export Promotion Council (GJEPC) summed up the results of October sales and, in general, the last seven months - from April to October.

Yesterday

Endiama: Catóca considering going underground

Angolan state-owned diamond miner, Endiama says its 41%-owned Catóca mine is thinking about expansion underground, according to the company director of mining operations and joint venture management Miguel Vemba.

Yesterday

Diamonds now contribute 5.5% of UAE non-oil trade

Diamonds are now contributing 5.5% of the United Arab Emirates non-oil trade, according to a senior government official.

Yesterday

Former Gitanjali Gems MD claims Mehul Choksi sold overpriced and fake diamonds

20 february 2018
(moneycontrol.com) - After allegations that Mehul Choksi’s Gitanjali Gems forged letters of undertakings (LoU) issued by Punjab National Bank, a senior ex-employee has now alleged the company would falsify the quality of its diamonds and even pass off fake diamonds as real ones. According to the company's former Managing Director Santosh Srivastava, a huge chunk of diamonds sold by Choksi were lab produced with valuations nowhere near the price at which it was sold to customers.