News

News

U.S. Imports Of Polished Stones Fell 23% in September
Regarding exports of polished diamonds, they fell 17 percent to $1.5 billion.
New Initiative By DDC Aims To Safeguard Transactions
The move aims to increase the security of diamond and jewelry transactions, the DDC said in a statement.
Botswana's Rough Exports Dropped 41% In Third Quarter
Exports for the first nine months of this year dropped 23 percent on the year to $2.3 billion.
U.S. Jewelry Store Closures Up But New Stores Open
Hundreds of new store openings despite many more closing.
Israeli Diamond Pavilion at HKJMA to Host 27 Firms
Asia is Israel’s second largest market for polished diamonds, accounting for about 30% of its total exports.
Leibish & Co. Buys 26 Gems at Argyle Diamond Tender

Leibish & Co. won two stones at the tender in 2014, seven at the 2013 tender, 17 in 2012, six in 2011 and 2010, and one in 2009.

IDE's Schnitzer Pleased With Israel Diamond Wk Results
IDE President Schnitzer made the comments during the event which took place towards the end of October.
Diamond Market Trading Conditions as of November 1
A look at the week's main events and the state of the various markets.
GIA Publishes Client Accounts Invalidated

"GIA takes very seriously our mission to protect the public trust in gems and jewelry. Any attempt to mislead regarding the nature and qualities of any gem is unacceptable."

WFDB ExCo Meeting To Discuss New Strategy

"The meeting certainly promises to be a critical milestone in the development of what will be a powerful new leadership approach by the WFDB to the issues affecting the diamond industry," says WFDB President Ernie Blom.

De Beers Allows 100% Deferrals at November Sight

Diamond manufacturers have significantly reduced their rough diamond intake and factory output in 2015 as polished sales declined largely due to a slowdown in China.

Fourth DDC Israel Diamond Week Sees Lively Business

The fourth edition of the Israel Diamond Week in New York proved once again a successful enterprise.