SupplyCanada to open first diamond bourse in late MarchThe Diamond Bourse of Canada, a first for the country, will be fully operational by the end of the month in Toronto, bourse officials announced earlier this week. Read More IDI, Rapaport host diamond events at BaselWorldExpect a strong diamond industry presence at BaselWorld this year that includes the unveiling of a new responsibility-focused ad campaign from the Israeli Diamond Institute (IDI) Group of Companies and Rapaport Group Chairman Martin Rapaport's presentation on diamond opportunities and his fair trade conference. Read More Rapaport service gives dealers access to ChinaThe Rapaport Group is now providing diamond import services to mainland China, a market many consider to be the future of consumer demand for diamonds. Read More Blue Nile bullish on U.S., eyes growth overseasBlue Nile aims to capture as much as 15 percent of the multi-billion dollar U.S. engagement ring market, and is also looking toward international expansion, company executives said during an investor conference held earlier this week. Read More Kimberley Process appoints monitor for ZimbabweThe Kimberley Process (KP) has designated a monitor to address allegations of serious KP violations in the diamond-producing nation of Zimbabwe and to bring that country back into compliance, according to a media release issued today. Read More Israel brings large contingent to Hong Kong showThis year, the Israeli diamond industry is bringing its largest contingent ever to the Hong Kong International Jewellery Show, scheduled for March 5 to 9. Read More 
Forecast: Signs of glimmer for diamond demandAfter a difficult year, predicting that 2010 is going to be an improvement for the diamond industry isn't saying much. But it may come as a relief to some retailers who have been sitting on piles of diamond hoops and bangles. Read More De Beers' managing director of mines resignsThe De Beers Group announced Wednesday that David Noko, managing director of De Beers Consolidated Mines (DBCM), the group's South African mining entity, will step down after eight years with the company, including four years as its managing director. Read More Report: Zimbabwe leader says he'll defy KimberleyThe president of the embattled diamond-producing nation of Zimbabwe has publicly threatened to break with the Kimberley Process (KP) and sell diamonds from the trade-banned Marange diamond fields, Agence France-Presse (AFP) reported. Read More Reports: Former De Beers Botswana chief found deadThe former managing director of the DeBeers-Botswana joint venture Debswana has been found dead, just weeks before he was set to face corruption charges linked to his time at the diamond company, various news agencies report. Read More Everlon seeks 'What would you do for love?' videosIn these last few days before Valentine's Day, the marketing gurus behind De Beers' Everlon Diamond Knot Collection want to know: Would you drop everything for love? Read More After big '09 sales drop, De Beers expects growthDe Beers saw sales slide 44.3 percent in 2009 amid a global recession that caused a steep drop in demand for diamond jewelry, but the London-based diamond giant says it is positioning itself for a market upturn. Read More WFDB veteran, Belgian diamantaire Goldschmidt diesThe World Federation of Diamond Bourses' (WFDB) honorary life secretary, Gerson Goldschmidt, passed away on Feb. 8. He was 89. Read More Hearts on Fire to cut more than 120 retailersHearts on Fire announced Tuesday that it would begin closing "underperforming accounts" at more than 120 retail stores and will put its focus on the stronger partners that remain. Read More Young CEOs study Hearts on Fire at HarvardA Harvard Business School professor who wanted to give a class of young chief executive officers a real-world example of a successful business strategy chose diamond company Hearts on Fire as a case study in smart branding. Read More JA, RJC urge vigilance in diamond sourcingAs concerns about Kimberley Process (KP) violations in Zimbabwe mount, both Jewelers of America (JA) and the Responsible Jewellery Council (RJC) issued statements today urging members to do what they can to make sure their diamonds are fully KP compliant. Read More 
Exhibit shows Israeli diamond designers on pointA new collection of diamond jewelry featuring pieces crafted by Israeli designers is now on display at the Harry Oppenheimer Diamond Museum in Ramat Gan, Israel. Read More Diamond Club West announces leadership changesThe Diamond Club West Coast (DCWC) has elected Nikhil Jhaveri as its new president. He will replace outgoing President David Marcus, who held the position for most of the past decade and also served on the executive board of the World Federation of Diamond Bourses. Read More Former Gemesis exec joins Rio TintoGlobal diamond miner and marketer Rio Tinto recently announced that Clark McEwen, the former chief operating officer of lab-grown diamond company Gemesis, has joined its Antwerp, Belgium-based sales and marketing management team. Read More Rapaport to resign from World Diamond CouncilDiamond industry veteran Martin Rapaport is expected to resign from the World Diamond Council (WDC)--the organization devoted to the issue of "blood" or "conflict" diamonds--on Monday over the industry's struggle to deal with the current situation involving Kimberley Process (KP) violations in Zimbabwe, according to an e-mail sent to National Jeweler and others Friday morning. Read More Group asks feds to get tough on Zimbabwe diamondsA coalition of industry associations and representatives recently met with top U.S. State Department officials to urge a tough stance on diamond producers in Zimbabwe to ensure the country's allegedly conflict-ridden Marange area is being monitored in accordance with the Kimberley Process. Read More 
Wittelsbach-Graff Diamond goes to WashingtonStarting tomorrow, the storied 31.06-carat Wittelsbach-Graff Diamond will be on display in a museum, marking the fancy, deep blue gemstone's first public appearance in 50 years. Read More IDEX Online: China second biggest diamond marketChina is currently the world's second largest diamond market, following the United States and surpassing Japan, with government figures indicating that imports through the Shanghai Diamond Exchange rose 16.4 percent to more than $1.5 billion in 2009. Read More International Gem Tower signs five new tenantsMalca-Amit and four Israeli-based diamond companies are the latest to sign contracts to purchase space in the now-under-construction International Gem Tower (IGT) in Manhattan's Diamond District, according to a press release. Read More De Beers urges sightholders to stay lean, cautiousAs Diamond Trading Co. (DTC) sightholders gathered for their annual reception in London to discuss the global economy's "new normal," De Beers executives urged attendees to focus on cost management and ensuring that consumers remain excited about diamonds. Read More |
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