July 5, 2011

Gazette: Feds launch study of Quebec diamond project

Quebec's first diamond mine took another step forward today, with the launch of the federal environment assessment process, The Montreal Gazette reports: The Canadian Environmental Assessment Agency is accepting public…

July 5, 2011

‘Exceptional’ sales results for Firestone Diamonds in Botswana

Firestone Diamonds (FDI) reported exceptional diamonds sales results from its second sale of the year in Gaborone, Botswana. The AIM-quoted diamond miner sold a total of 14,248 carats for $2…

July 5, 2011

New Logo Repositions Gitanjali in Luxury Lifestyle Space

Bollywood actress Katrina Kaif recently unveiled a new corporate logo and colors for multi-brand jewelry and lifestyle retailer Gitanjali Group. The new logo is a reflection of the group’s move…

July 5, 2011

China’s Largest Bank Joins Diamond Financing in Antwerp

ICBC, the world’s largest bank, is interested in financing diamond transactions, according to a memorandum of understanding it recently signed with the AWDC. The first such financing is expected to…

July 5, 2011

$20 billion in diamonds and gold found at Indian temple

Investigators plan to pry open the final vault hidden deep under a centuries-old Indian Hindu temple as police guarded round the clock the shrine where billions of dollars worth of…

July 4, 2011

Antwerp diamond industry ties up with China

AFP reports the Antwerp diamond industry, world capital of the gem, on Monday announced an investment deal with leading Chinese bank ICBC, which could act as an intermediary to provide…

July 4, 2011

Israel’s polished diamond exports +34% in H1

Israel’s net polished diamond exports totaled $4.3 billion in the first six months of 2011, growing 33.9% year-over-year, according to the country’s Ministry of Industry.

July 4, 2011

High diamond prices leading to demand faltering?

Diamond prices continue to soar, with rough prices up 27pc in 2010 to levels higher than before the crisis. Prices have continued to rise this year, but high prices may…

July 4, 2011

Israel’s Net Rough Trade $4.55 Billion in H1

Israel’s rough diamond trade leaped by nearly 40% in the first six months of 2011, according to figures released by the country’s Ministry of Industry.

July 4, 2011

Charles Perroud certified by the Responsible Jewellery Council

The RJC on Monday announced that Charles Perroud, a major French producer of gold jewelry, has become certified against the ethical, human rights, social and environmental standards established by the…