Gross exports of polished diamonds from India continue to grow, rising 5.5% year over year. In April the country exported nearly 5 million carats worth $2.05 billion, according to the latest figures published by the GJEPC.

Israel-headquartered diamond firm Dalumi opened an office in Mumbai, saying it wants to be closer to the fastest growing diamond center in the world.

Maurice Fischler has been elected president of the Beurs voor Diamanthandel - Antwerp Diamond Bourse (ADB) – at the biennial elections for half of its board members.

Twenty industry-leading organizations will host the inaugural Responsible Jewellery Council (RJC) Luncheon at JCK Las Vegas to reinforce consumer confidence in the diamond, gold and platinum metals supply chain, the organization announced Thursday.

Lev Leviev’s retail outfit bought a 10.99 carats fancy intense pink / VS1 diamond for $10.84 million at Sotheby’s Magnificent & Noble Jewels auction yesterday (Tuesday). Though the price leans toward the lower end of the pre-auction estimate, it is the third highest price paid for a pink diamond and ninth highest price for a diamond at auction.