A rare Argyle red diamond, along with other premium gemstones, will go under the hammer in Taipei, Taiwan on May 1. The auction will be conducted by gemstone expert Richard Li. Among the gemstones and jewellery pieces on offer is a 0.51-carat fancy red rectangular diamond from Australia’s Argyle diamond mine, with a starting price of … Read More →
Diamond jewellery demand by US consumers reached a record level of US$39 billion in 2015, up 5 percent from a year ago, according to industry data published by The De Beers Group of Companies. De Beers attributed the increase in sales to sustained economic recovery in the US, higher levels of job creation and wage growth. … Read More →
Diamond jewellery demand in 2016 is likely to be affected by subdued global economic growth. Led by a sharp decline in production of polished diamonds and jewellery in India in the second half of 2015, the global market in precious ornaments fell to $79 billion, from $81 bn the previous year. Indian diamond processors’ inventory … Read More →
With little more than a month to go to the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), the WFDB is putting the final touches to the programme and has announced the speakers list for the meeting. The overarching theme of … Read More →
Fourteen officials from the Brazilian Ministry of Mines and Energy are taking a rough diamond training course provided by the Antwerp diamond industry over a two-week period. The objective of the course is to ensure that Brazil is able to apply the strict requirements of the Kimberley Process properly, the Antwerp World Diamond Centre (AWDC) … Read More →
Alrosa’s diamond mining production reached over 38 million carats in 2015, an increase of 6 percent from the previous year, the Russian mining giant announced recently. Alrosa President Andrey Zharkov attributed the results to the opening of the Botuobinskaya pipe in Yakutia, rising production at Severalmaz in the Arkhangelsk region, and improved diamond mining at … Read More →
Indian Prime Minister Narendra Modi, who arrived in Belgium on March 30 for a day-long visit, personally welcomed members of the Antwerp World Diamond Centre’s (AWDC) board of directors. AWDC is the umbrella organisation for the Antwerp diamond industry. Belgium is one of Europe’s top three trade partners with India, and is the second-largest exporter … Read More →