In the spotlight

Global Young Diamantaires Group Preparing for HK Show Meeting

A new initiative to encourage the involvement of younger diamantaires in the industry is moving ahead, with its first major networking event to take place on September 15 during the Hong Kong Gems and Jewellery Fair.

WFDB ExCo Meeting To Discuss New Strategy

Categories:

The World Federation of Diamond Bourses' (WFDB) Executive Committee meeting, which will take place next week in Idar-Oberstein, Germany, will enable the organization to hold discussions on the global diamond industry and a new strategy going forward.

De Beers' 2014 Output up 5% to 32.6 Million Carats

Categories:
De Beers' mother company, Anglo American, reported that the diamond miner's production rose 5% to 32.6 million carats, and that this year the company expects production to be in the range of 32-34 million carats. De Beers' underlying earnings soared 74% on the year to $923 million in 2014, according to Anglo American’s share in De Beers, with expansion being driven by higher rough diamond prices and lower operating costs.

Israeli Manufacturing Center Holds First Polishing Course Graduates Event

The award of certificates to members of the first polishing course took place on Tuesday at the IDE's Modern Manufacturing Center. 
Attending the event were IDE President Shmuel Schnitzer, General Director of the Economy Ministry, Amit Lang, and senior members of the Israeli diamond sector, the IDE reported on its web site.

Marginal Increase In Israeli Diamond Exports In 2014, According to Official Figures

In 2014, the Israeli diamond industry maintained its export achievements of 2013, with a slight rise of $160 million in total polished and rough exports, according to figures published by the Ministry of Economy’s Diamond Controller Shmuel Mordechai.
 
Israel’s total combined exports of polished and rough diamonds stood at $9.324 billion in 2014, compared to $9.166 billion in 2013.
 
Net polished diamond exports totaled $6.269 billion in 2014, a rise of 0.6% over the previous year.
 

U.S. Luxury Firm Falcon Offering Gold iPhone 6 With Pink Diamond For $48.5M

The American luxury brand said that it is offering the 24K gold iPhone 6 with a pink diamond set in the reverse side for $48.5 million just one day after Apple announced the launch of the iPhone 6.

The cellphone by Falcon enables the pink radiant-cut diamond to be prominently seen while users are talking on the phone.

In addition to a rose gold version, the firm is also producing a platinum or 24K yellow gold version for the same price.

Falcon is also offering an iPhone 6 with a blue sapphire on the back for $4.75 million.

De Beers Brings In New Rough Diamond Sales Model

Categories:

De Beers has updated its model for the allocation of rough diamonds by Global Sightholder Sales (GSS) in respect of the March 2015 – March 2018 contract period.

Around 90 percent of De Beers’ total rough diamond availability by value is sold through GSS.

De Beers Brings In New Rough Diamond Sales Model

Categories:

De Beers has updated its model for the allocation of rough diamonds by Global Sightholder Sales (GSS) in respect of the March 2015 – March
2018 contract period.

Around 90 percent of De Beers’ total rough diamond availability by value is sold through GSS.

Petra Diamonds Uncovers 122.52-Carat Blue Diamond At Cullinan Mine

Petra Diamonds Ltd reported the discovery of a 122.52-carat blue diamond at its Cullinan mine in South Africa.

"The stone will require further analysis in order to assess its potential value and upon completion of this process, Petra will be in a position to evaluate its optimal route to market.

"The diamond will therefore not be sold before the end of the company's current financial year (30 June 2014).

"The rarity of a blue diamond of this magnitude sets it apart as a truly significant find.

Israeli Bourse Wants To Create Code Of Ethics

Categories:

At a meeting at the Israel Diamond Exchange (IDE), bourse president Shmuel Schnitzer and IDE management discussed the creation of a code of ethics for exchange members to operate by with Israel Prize winner Professor Asa Kasher and other Israeli experts.

Syndicate content

External links are provided for reference purposes. The Diamond Portal is not responsible for the content of external internet sites.
Copyright © 2003 The Global Diamond Portal.

Powered by YCS - Yahalom Creative Solutions,Leveraging Technology.