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

What Happens in Antwerp Doesn’t Stay in Antwerp

28 november 2018
(ehudlaniado.com) - If you want to understand the problems of the diamond industry, look no further than the rough diamond trade in Belgium’s diamond center in Antwerp. It is a microcosm that paints a painfully accurate picture. Antwerp is the world’s leading rough diamond trading center. Goods of all kinds come through it, the lowest cost and quality to the very top rough diamonds imaginable. The 1,109-carat Lesedi La Rona, found in Botswana and mined by a Canadian mining company was offered here. Most of the rough diamonds sold by tender are tendered in Antwerp. This is to say that Antwerp is an excellent bellwether of the global rough diamond market and the multitude of issues it faces.