Headlines

India Hikes Import Levy On Cut And Polished Diamonds

The government of India has raised the import duty on cut and polished diamonds, semi-processed, half cut or broken diamonds, lab-grown stones and processed colored gemstones to 7.5 percent from 5 percent.

Code of Practices Review Announced by Responsible Jewellery Council

The Responsible Jewellery Council (RJC) is reviewing its Code of Practices (COP) standard.

Diavik's 'Stars Of The Arctic' Give Sparkle to Rough Diamond Tender

Dominion Diamond Mines and Rio Tinto have revealed three of the finest large rough diamonds from their Canadian diamond mine that will be tendered globally.

ALROSA Reports $10.7M From Sale of Large Rough Diamonds In Hong Kong

ALROSA sold special size rough diamonds (over 10.8 carats) at an auction in Hong Kong, receiving $10.7 million in sales revenue.

Carats.Io Announces Agreement With Liquidity Provider Tradomatics

Carats.io, the fintech startup company that is issuing the world's first-ever digital token backed by diamonds, has announced that it has signed an agreement with Tradomatics, a provider of fully autonomous trading technology. Tradomatics will supply liquidity solutions on digital exchanges where CARAT tokens are traded.

IDE: High Interest In 7th Israel Diamond Week In New York

Hundreds of buyers have registered for the seventh Israel Diamond Week in New York, to be held October 15-17 which is jointly organized by the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC).

OPIC, Standard Bank Group Sign $125M Loan Guaranty For Botswana

Stanbic Bank Botswana, a member of the Standard Bank Group, the American government's Overseas Private Investment Corporation (OPIC), and Botswana Finance LLC, a subsidiary of Lazare Kaplan International (LKI), have signed a $125 million loan guaranty.

Diamond Producers Association Launches ‘Real is Rare’ Campaign in Telugu

The Diamond Producers Association (DPA), an international alliance of the world's leading diamond mining companies, has launched its integrated marketing campaign ‘Real is Rare’ in India in the Telugu language.