Headlines

ALROSA Reports July Rough Diamond Sales of $339M, Jan-July $2.97B

ALROSA posted rough diamond sales of $333.8 million in July, and $2.97 billion in the first seven months of 2018.

The firm's rough and polished diamond sales increased by 16% on the year to $339.1 million in July, with polished diamond sales accounting for $5.3 million.

GJEPC Launches 'Valuable Asset to India’ Campaign

The Gem & Jewellery Export Promotion Council (GJEPC) launched a new promotional campaign aimed at highlighting the contribution that the gem and jewelry industry makes to India's economy was during IIJS Premiere 2018. The campaign’s central message is portraying the industry as “A Valuable Asset to India”.

IDI To Auction Special Stones At September Hong Kong Fair

The Israel Diamond Pavilion at the September Hong Kong Jewellery & Gem Fair, organized by the Israel Diamond Institute (IDI), will feature an auction of special stones offered by exhibitors.

Sarine: Stable Group Revenue In Second Quarter

Sarine Technologies Ltd announced its financial results for the second quarter and half year ended 30 June.

Bharat Diamond Bourse Progresses with Second Bharat Diamond Week Registration

The Bharat Diamond Bourse (BDB) in Mumbai said preparations are on track for the opening of registration soon for the second edition of the Bharat Diamond Week at the bourse.

WFDB Announces Opening of Registration for 2018 World Diamond Congress

The World Federation of Diamond Bourses (WFDB) has announced that registration has opened for the 2018 World Diamond Congress. The biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA) will take place in Mumbai, India, from October 23 to 25.

ALROSA Tests Ruble Payment For Rough Stones With Foreign Clients

ALROSA, the world's leading rough diamond miner by volume, said it has tested a payment mechanism with foreign clients using the Russian currency.

Transactions were conducted with clients from China and India In the experiment. If necessary, the company is ready to use a ruble payment scheme in the future, the miner said.

Young Diamantaires Preparing For Special Meeting at September Gem And Jewellery Fair In Hong Kong

The WFDB's Young Diamantaires is preparing for its next meeting which will take place during the September Gem and Jewellery Fair in Hong Kong.

The breakfast gathering will take place on September 14 at the Asia World Expo, Room 201C, from 7.30am-9.00am with a limited number of seats available.