News

Gem Lab AG&J finds synthetic diamonds in parcel of natural diamonds for grading

Analytical Gemology and Jewelry (AG&J), a New York-based gemological lab, said that tests on a large parcel of purportedly natural diamond melee uncovered that more than five percent were synthetic diamonds.

Zimbabwe official calls for doubling of diamond production this year

Zimbabwe aims to increase by 100 percent its diamond output from the Marange diamond deposits this year, said a top mining official.

Firestone Diamonds says police raided Liqhobong mine in Lesotho

Firestone Diamonds plc confirmed in a statement to the media that police officers raided its Liqhobong mine in Lesotho on January 16.

Smaller diamond manufacturers in Surat hit by rising rough diamond prices

Diamond companies in India's main diamond processing center of Surat, particularly small and medium-size firms, are being challenged with a tough financial outlook due to rising prices of rough diamonds.

Petra Diamonds reduces output goal for 2013 by 200,000 carats

Petra Diamonds has reduced its production goal for its 2013 fiscal year by 200,000 ‎carats to 2.65 million carats as a result of labor problems at its South African operations in October which cut output. ‎

Israel Diamond Exchange

Israel Diamond Exchange Ltd is a private company, which unites about 2800 members involved in trading, manufacturing, marketing, purchase, brokerage, import and export of diamonds.

Exchange creates for its members business framework that enables them to manage their affairs maximum comfort and security both in the trade - the largest and most advanced in the world, and private offices.

Stock managed under the concept of "everything under one roof", allowing friends to find within the walls of buildings all they need, from professional services to business and related services, culture.

Exchange determines and implements trading rules and proper behavior in the diamond industry, general acceptance as well as companies on the stock exchange close.

Stornoway Diamond Corp says Renard project design cost study finished

Stornoway Diamond Corp says a mine design and cost optimization study relating to its Renard project in north-central Québec has been finalized.

U.S. National Retail Federation forecasts 3.4% rise in sales this year

The U.S. National Retail Federation has released an updated retail sales forecast for this year in which it sees an increase of 3.4 percent compared with a preliminary projection it published last year of a 4.2 percent rise for 2013.

Organizers of VicenzaOro Winter fair pleased with exhibitor/visitor numbers

The organizers of the 2013 edition of VicenzaOro Winter fair, the International gold and jewelry show, said 1,500 companies had exhibited, while there were 7,600 foreign visitors and 8,586 visitors from Italy.

Ernst & Young carries out study on Waldman's investment diamond prices

One of the world's leading accounting firms, Ernst & Young (E&Y), has conducted a benchmark study on Waldman's investment diamond prices, comparing them with the industry wholesale and retail price range for equivalent diamonds.

De Beers posts 24% jump in diamond production in fourth quarter

In its results for the fourth quarter of last year, mining giant De Beers posted a 24 percent increase on the same period of 2011 in diamond production to 8.05 million carats.

Bourses hosting fourth Antwerp Diamond Trade Fair

The Antwerp Diamond Bourse and the Diamond Club of Antwerp are hosting the fourth edition of the Antwerp Diamond Trade Fair which opened on Sunday.