Headlines

ALROSA and ZCDC establish joint venture in Zimbabwe

ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) have signed a number of agreements to finalize a creation of a joint venture for prospect and exploration works for primary diamond deposits in the Republic of Zimbabwe.

Graff buys 20.7ct Firebird vivid yellow diamond from ALROSA

Graff Diamonds, the world-renowned hi-end jewelry brand, has acquired the Firebird 20.7ct diamond from ALROSA. The parties do not disclose the transaction details, but note that it achieved one of the highest prices per carat for such a stones in recent years.

IDE Welcomes International Exhibitors to IDWI 2020

Responding to demand from around the world, the Israel Diamond Exchange (IDE) has decided to open the 2020 International Diamond Week in Israel (IDWI) to international exhibitors. This will be the first time that IDWI will welcome exhibitors from all markets.

Forevermark launches in Belgium

Forevermark, the diamond brand from De Beers Group, has been launched in five jewelry stores in Belgium through a partnership with Gautam Diamonds.

Forevermark jewelry will be available in Gautam stores in the historic Grand Place/Grote Markt and Galerie de la Reine/Koninginnegalerij in the city, as well as in three Antwerp Diamonds by Gautam stores in Brussels Airport.

Pressure on Diamond Midstream Likely to Increase

Diamond manufacturers will consolidate in the coming years to avoid being further squeezed by miners and retailers, Bain & Company predicted in its annual report on the industry.

The forecast stems from the midstream becoming an increasingly weak part of the supply chain while retailers and rough producers have improved efficiency.

ALROSA Meets With Diamond Banks And Funds To Discuss Industry Developments

A delegation of ALROSA's management, led by CEO Sergey Ivanov, met with representatives of the industry's largest banks and non-bank financial institutions to discuss the latest trends and developments in the diamond industry as part of a workshop hosted by the company.

IGI Provides Sustainable and Secure Way to Purchase Rare & Valuable Argyle Pink Diamonds

The International Gemological Institute (IGI), has joined forces with John Glajz, a Singapore-based authorized partner of Argyle Pink Diamonds for nearly 25 years, to certify these gems, which are some of the rarest in the world, creating The Collector’s Edition: An Exclusive Selection of Argyle Pink Diamonds.

DMCC: Diamond Industry Needs New Narrative, Rebrand To Secure Future

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has published a thought leadership report entitled, ‘Diamonds Changing Forever’.

The report is available in Arabic and English, and can be downloaded online here: https://www.dmcc.ae/thought-leadership-diamonds