Headlines

Close to 4,000 Visitors Attend Second Edition of CARAT+

The second edition of CARAT+ show recorded a total of 3,829 visitors during the three-day event in early May, up from 2,927 last year, the organizers said.

MyKYCBank Partnership Launched at Banking Summit in Mumbai by AWDC, GJEPC

India's Gem & Jewellery Export Promotion Council (GJEPC) and the Antwerp World Diamond Centre (AWDC) have launched a know-your-customer (KYC) exchange platform, called MyKYCBank.

Botswana’s President to Demand Increased Local Polishing in New Deal With De Beers

Mokgweetsi Masisi, Botswana’s President, will demand a new long-term diamond deal with De Beers when the current 10-year deal expires in 2020 that will include more stone cutting and polishing domestically.

Stuart Brown Appointed President and CEO of Mountain Province Diamonds

Outgoing Firestone Diamonds Plc Stuart Brown has been appointed as Mountain Province Diamonds new President and Chief Executive Officer with effect from July 1.

ALROSA: Big Jump In Rough Sales And Profits In Q1

Russia's ALROSA reported that rough diamond sales grew by 43% on the quarter to 13.4 million carats in the first quarter of 2018, while production decreased by 26%.

Farnese Blue Sells for $6.7 Mn at Sotheby’s Geneva Jewelry Sale

An historic diamond known as The Farnese Blue, sold for $6,713,837, well above its pre-sale estimate of $3.6 million – $5.2 million at Sotheby’s Geneva jewelry sale.

WDC Leaders Meet KP Stakeholders in DRC

Stephane Fischler, acting president of the World Diamond Council (WDC) and Marie-Chantal Kaninda, executive director of the WDC, traveled last week to the Democratic Republic of Congo (DRC) to meet with key stakeholders involved in the Kimberley Process (KP).

Consumer Demand For Diamond Jewelry Hits Record $82 Bn, Says De Beers

Global consumer demand for diamond jewelry hit a new all-time high in 2017, climbing to $82 billion, a 2% increase on the previous year, according to industry insight data published by De Beers Group.