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24 July 2008
JVC: ONE SPIN TOO MANY  
Eleven U.S. and international diamond, jewelry and pearl trade associations petitioned the U.S. Federal Trade Commission (FTC) with one fundamental request: amend the FTC...
24 July 2008
SHEAR RAISING US$1 MILLION  
Shear Minerals Ltd. is to offer on a non-brokered private placement basis units and flow-through common shares for aggregate gross proceeds of US$1,000,000. The proceeds ...
24 July 2008
EKATI PRODUCTION UP 39% IN RECENT QUARTER  
During the quarter ending June 30 2008, diamond production at the Ekati mine in Canada reached 864,000 carats. This marked a 39 percent increase compared to the March 200...
24 July 2008
FIRST ISRAEL DIAMOND PAVILION AT MUMBAI SHOW AS IDI NAMES 2008 YEAR OF INDIA  
The Israeli diamond industry is reaching out to the Indian market, participating for the first time in the key India International Jewelry Show to be held from August 7 –...
24 July 2008
PHASE 1 OF BULK SAMPLE AT MOTHAE IN LESOTHO COMPLETE  
Phase 1 of the bulk sample program at the Mothae diamond project in Lesotho has been completed yielding 1,296 diamonds weighing a total of 585.15 carats from 25,552 dry t...
24 July 2008
LERALA DIAMOND MINE COMMISSIONING NEARING COMPLETION  
The last phase of commissioning at DiamonEx Limited’s Lerala diamond mine processing plant in Botswana is due to be complete imminently, leading to the commencement of d...
24 July 2008
SARIN TECHNOLOGIES APPOINTS NEW MARKETING DIRECTOR  
Sarin Technologies Ltd, which develops, manufactures and markets advanced diamond planning, evaluation, production, measuring and grading systems, has appointed David Wex...
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24 July 2008
JVC: ONE SPIN TOO MANY  
Eleven U.S. and international diamond, jewelry and pearl trade associations petitioned the U.S. Federal Trade Commission (FTC) with one fundamental request: amend the FTC...
17 July 2008
FUTURE HEADLINE: 'DTC SIGHTHOLDER JAILED FOR ATTENDING SIGHT'  
This headline is not imaginary, just premature. No foreign DTC sightholder has yet been jailed in South Africa for attending his own company’s sight at the Harry Oppenhei...
10 July 2008
TEMPORARY SOUTH AFRICAN PAIN RELIEF  
When government regulators mess up – and especially when they know it – they may quietly welcome court intervention to assure that things will remain workable.
3 July 2008
ST. PETERSBURG: A REVOLUTION IN THE MAKING  
A wild card represents "an unknown or unpredictable factor" in any number of domains – a factor that can make an enormous difference. Alrosa’s president, Sergei Vybornov,...
26 June 2008
ENHANCING THE INDUSTRY'S CAPITAL BASE  
Diamond Circle Capital Plc (DCC), a closed-ended investment company incorporated in the Isle of Man, has successfully completed its initial public offering (IPO) on the L...
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“SIERRA LEONE DIAMOND SECTOR FINANCIAL POLICY CONSTRAINTS”
This is a report on the constraints faced by the Sierra Leone Diamond Industry
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FINCEN ISSUES GUIDANCE FOR DEALERS OF PRECIOUS METALS, PRECIOUS STONES, OR JEWELS ON CONDUCTING RISK ASSESSMENT OF THEIR FOREIGN SUPPLIERS
The Financial Crimes Enforcement Network (FinCEN) has issued this guidance clarifying the risk assessment required to be performed under the Interim Final Rule requiring ...
GIA FIRES LAB EMPLOYEES AND WILL TAKE STEPS AGAINST CORRUPT CLIENTS
In a news release, the GIA completes an independent review and announces organizational changes
FREQUENTLY ASKED QUESTIONS ABOUT INTERIM FINAL RULES
Anti-money laundering programs for dealers in precious metals, stones, or jewels.
FINCEN SPEECH TO DIAMANTAIRES
Prepared remarks of William W. Fox, director, Financial Crimes Enforcement Network, Jewelers Vigilance Committee Industry Seminar, New York.
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BELGIUM’S POLISHED EXPORTS UP NEARLY A QUARTER IN JANUARY TO MAY 2008
Polished diamond exports from Belgium were up by nearly a quarter in monetary terms in the January to May 2008 period compared to a year earlier. 3,971,614 carats worth U...
DUBAI POLISHED DIAMOND RE-EXPORTS UP 78% IN Q1 OF 2008
Dubai’s polished diamond trade continues to grow at a steep pace, with polished diamond re-exports in the first quarter of 2008 up 78 percent in monetary terms as compare...
ISRAEL’S ROUGH IMPORTS UP 14%
Rough diamond imports to Israel in the January to May 2008 period, at 6,479,523 carats worth US$2,190,542,173, increased in terms of dollars by 14 percent from the same p...
BELARUS DIAMOND IMPORTS UP 120% IN Q1
Rough diamond imports to Belarus in the first quarter of 2008 reached 24,422.52 carats, marking a 46.2% increase compared to the same period of 2007, says a spokesman for...
JAPAN’S POLISHED IMPORTS DOWN 10%
Polished diamond imports to Japan in the first quarter of 2008, at 544,292 carats worth US$ 214,628,000, fell by some 10 percent in terms of both carats and dollars compa...
INDIA’S POLISHED DIAMOND EXPORTS UP BY OVER 30%
India’s gem and jewelry industry has witnessed a growth of 22.27 percent for the financial year 2007-08 as compared to the previous year, with the sector accounting for 1...
Dubai's Rough and Polished Diamond Imports and Exports in 2007
Dubai's Total Diamond Trade Increases 53% in 2007
Israel's Rough Diamond Exports Up 41.1% for January-Feburary 2008 Period
Israel's rough diamond exports for the January through February 2008 period, at 3,525,251 carats worth US$787,495,056 rose 41.1 percent in monetary terms and 2.2 percent ...
Antwerp Diamond Index
The index is based on prices in USD and gives the average price evolution on the Antwerp market.
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BUSHMAN RULING
EXPLANATORY MEMORANDUM FOR THE DIAMOND EXPORT LEVY BILL, 2006
EXPLANATORY MEMORANDUM FOR THE DIAMOND EXPORT LEVY BILL, 2006
SOUTH AFRICA'S DIAMOND EXPORT LEVY BILL
To provide for the imposition of an export levy on rough diamonds and allow for offsets with respect to that levy.
GAO: AGENCY ACTIONS NEEDED TO ENHANCE IMPLEMENTATION OF THE CLEAN DIAMOND TRADE ACT
In 2003, the United States and other countries began implementing the Kimberley Process Certification Scheme (KPCS) to curtail the trade of rough diamonds that had fueled...
EUROPEAN COMMISSION PUBLISHES DE BEERS-ALROSA SUPPLY DECISIONS IN OFFICIAL JOURNAL
On 27 July 2006, the European Commission published in the Official Journal (OJ 2006 L205/24) an official summary of its February 2006 decision to accept commitments from ...
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  DIB - Inside the Latest Issue
U.S. INDUSTRY LEADERS MEET WITH GIA MANAGEMENT ON CERTIFIGATE
DIAMONDS FROM SOURCES OTHER THAN DTC NOW ELIGIBLE FOR FOREVERMARK CONSIDERATION
SPECTACULAR WIN IN DTC’S ‘ONE AGAINST HUNDRED’ GAME
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