The Israel Diamond Exchange (IDE) said it is postponing the summer edition of the International Diamond Week that was scheduled to be held from September 1 to 4.
The IDE quoted the continuing tensions in the region as the reason for the postponement.
The Israel Diamond Exchange (IDE) reports that GIA President and CEO, Susan Jacques, will be the guest of honor of the International Diamond Week to be held September 1-4.
Jacques was invited to attend the show by IDE President Shmuel Schnitzer.
Organizers of the first India Diamond Week held at the Diamond Dealers Club (DDC) in conjunction with the Gems & Jewellery Export Promotion Council (GJEPC) have praised the success of the event.
Significant business transactions and new connections were made on the DDC’s Trading floor by U.S. and overseas participants, including DDC members and exhibitors from abroad, the DDC said in a statement.
The Jewelers Vigilance Committee (JVC) presented the Stanley Schechter Award to Brad Brooks-Rubin for his work as the Special Advisor for Conflict Diamonds while serving at the US State Department.
The award was made at the JVC's annual luncheon event. It brought together industry members from the jewelry trade.
The keynote speaker was former Assistant Secretary of State Jose Fernandez.
Sarin Technologies has launched a new version of its polished-diamond quality assurance and polishing process control software, called the Instructor TM 3.0, after 18 months of development work.
The new software runs on many of Sarin’s rough and polished diamond modeling platforms of the DiaExpert and DiaMension families, including the popular DiaMension HD and DiaScan S+ systems.
Sarin Technologies has announced the launch of the commercial service of the Galaxy Ultra in its Surat and Tel Aviv service centers after a successful conclusion of testing in Surat, India.
The service will be provided at other service centers as warranted by demand, while sales and delivery of Galaxy Ultra systems to interested customers is expected later in this year.
The Chair of the Kimberley Process (KP) Welile Nhlapo has called on the United States to lift sanctions on Zimbabwean diamond mines in the controversial Marange area.
Nhlapo congratulated the European Union (EU) for moving in September to lift sanctions after Zimbabwe’s July 31 elections won by President Robert Mugabe.
The Gems and Jewellery Export Promotion Council (GJEPC) has created a committee to propose steps for the country's diamond industry due to the difficulty created by the decline of the rupee against the US dollar in recent months.
The currency has dropped by more than 15 percent against the dollar since May. It is trading at around 63 to the dollar, having previously fallen to around 69 to the American dollar.
HRD Antwerp is to start providing a Synthetic Diamond Certificate service from September 2. The certificate will be issued where a diamond is found to be synthetic.
HRD Antwerp said that synthetic diamonds have increasingly made their way into the gem diamond market in recent times. While they still represent a small part of the market, their numbers are rising, the lab said.