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Angola is among the five largest diamond producing countries by value, with sales of more than $1 billion in 2012.

The miner said the rise was largely a result of a rise in sales of rough diamonds together with the impact of a decline of the ruble.

The mining giant will also use the De Beers name more prominently as it rebrands its business units.

"The members of the WFDB bourses are offered yet another gateway to markets that earlier may have been more difficult to access."

The senior officials from de Beers are visiting the main diamond centers to discuss the state of the markets.

The Jovella show is well known as Israel’s leading jewelry fair and attracts thousands of industry professionals, including overseas buyers.

Israel Diamond Exchange (IDE) President Shmuel Schnitzer made the comment at the conclusion of the 36th World Diamond Congress in Antwerp which closed today (Wednesday).

"De Beers is pricing their rough as if they are giving the goods to you at no profit and only if you really are a master at adding value, can you make some profit.”

The site will be translated into Hebrew for the benefit of the thousands of IDE bourse members who will have the WFDB website in their own language.

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

The jeweler claimed it is the first retailer of fine jewelry to accept the virtual currency.

Professor Kasher spoke on several issues related to professional ethics and its importance and centrality for business sectors.