News

News

Rapaport To Hold Polished Auction At Diamond Week
"Our bourse is one of the most active exchanges. At any time of a regular workday, there are several hundred members working on the trading floor. During the International Diamond Week, there will be thousands of traders," said IDE President Shmuel Schnitzer. 
New Managing Director For IDI’s Hong Kong Office
The IDI Hong Kong office is responsible for promoting trade with Asian markets, especially Hong Kong and China, which have become a major focus for Israeli diamond exports.
AWDC Discovers Conflict Diamonds From CAR
The AWDC said the discovery was made following increased vigilance and intensified controls by its Diamond Office experts.
Beny Steinmetz Suing Rio Tinto, George Soros
The legal fight follows BSG Resources losing its rights to a multibillion-dollar iron mine in Guinea.
Signet Jewelers Finalizes Acquisition of Zale Corp
Signet will pay Zale shareholders $21 per share, and assume around $500 million of debt.
Rio Tinto Gives Interactive Diavik Mine Tour At JCK
The Oculus Rift was used for the interactive tour at the Rio Tinto booth at the JCK Luxury Show in Las Vegas on May 27.
Antwerp To Take Part in September Diamond Week
"We're very pleased that the Antwerp Diamond Bourse will be joining us in September and hopefully also at similar, additional opportunities," IDE President Shmuel Schnitzer commented.
Israel Diamond Exchange Denounces Brussels Terror Attack
“We send our heartfelt condolences to the families of the victims, and call on the Belgian authorities to spare no effort in apprehending and punishing the perpetrators of this cowardly attack.”
Eurostone Launches Fancy Shapes Price Calculator
"With the calculator's introduction, we've taken another, but big step to lower the threshold for our clientele."
IDE President Schnitzer Congratulates India's Modi
"With your leadership, I can only see the trade links between Israel and India strengthening and reaching new heights."
Lucara Finds 13 Diamonds Larger Than 100 Carats
Since the start of the second quarter, Karowe has produced 239 diamonds larger than 10.8 carats, including 27 diamonds with weights between 50 and 100 carats.
Passover And Easter Bring Down Belgian Exports in April
"With the Passover and Easter holidays falling in April this year, the Antwerp diamond sector experienced a somewhat quieter month," the AWDC said.