Diamond News

Look no further! – Diamond News – At last the world’s diamond education-related news – from wherever it is taking place across the globe – on ONE comprehensive web site. A web site based in the heartland of the South African diamond industry, but with tentacles stretching across the globe to the world’s cutting centres and beyond.

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The diamond industry was once renowned for being reclusive and having a closed-door policy. However, the industry is being forced to open up, especially with the advent of social media.The industry needs to know what is going on…it is the only way that it will survive and adapt to a rapidly changing set of rules. The businessman and factory owner needs to know about the latest developments in synthetics, for example, or about the cheapest, yet most accurate means of maintaining that their diamonds are not from Africa’s war zones. And because your business will depend on it. If you are involved in the industry on any level, please make contact with us if you have any news.

Giant, uncut diamond goes on display at Smithsonian

Giant, uncut Foxfire diamond goes on display at Smithsonian museum of natural history One of the biggest diamonds ever found is on display at the Smithsonian’s National Museum of Natural History. The Foxfire diamond is the largest uncut, gem-quality diamond ever mined in North America. It weighs 187 carats, orRead More

Dennis Van Kerrebroeck high-profile battle over a US$3.5-million diamond is still fighting for justice.

Dennis Van Kerrebroeck high-profile battle over a US$3.5-million diamond is still fighting for justice. More than two years after he was released from a South African jail, a Waterloo man accused of fraud in a high-profile battle over a US$3.5-million diamond is still fighting for justice. Dennis Van Kerrebroeck, aRead More

Botswana, S&P Maintains Negative Outlook

Standard & Poor’s affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. Courtesy Rapaport The agency said it maintained its ‘A-­/A-­2’ long­ and short-­term foreign andRead More

Diamond Prices Decline in October- Rapaport

PRESS RELEASE, November 1, 2016, New York… Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. Trading slowed as larger U.S. holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail customers. The RapNet Diamond IndexRead More

Construction work of ‘Diamond Bourse’ starts at Surat

Construction work of the ambitious ‘Diamond Bourse’ project at Khajod village near Surat started today in the presence of Gujarat Chief Minister Vijay Rupani. Speaking at the event to mark the start of the construction work, Rupani expressed confidence that the bourse would become a global centre for international diamondRead More

Surat diamond merchant gifts 400 flats, 1,260 cars to his employees as Diwali gifts

SURAT: Savji Dholakia, a Surat-based billionaire diamond merchant who famously made his son do odd jobs to learn the value of money, has gifted 400 flats and 1,260 cars as Diwali bonuses to his employees. Hare Krishna Exports, Dholakia’s diamond firm, has spent Rs 51 crores on Diwali bonuses thisRead More

Diamond smuggling, Chinese customs officials in Shenzhen stop

Diamond smuggling attempts thwarted by Chinese customs officials in Shenzhen Numerous Chinese diamond smugglers have been caught trying to sneak the gemstones into the country hidden in their underwear, socks, wallets and even packs of cigarettes, mainland media reports. Customs officials in Luohu, at the border between Hong Kong andRead More

What are the differences between the World Diamond Mark and the Diamond Producers Association?

What are the differences between the World Diamond Mark and the Diamond Producers Association? First, a reminder: The World Diamond Mark® (WDM) was created by the World Federation of Diamond Bourses to rekindle consumers’ desire for diamonds and diamond jewellery, build trust in the retail jeweller, and consequently to boostRead More

Next Rough Diamond Course

Next Rough Diamond Johannesburg Course 7 November 2016 Learn about: “Morphology” or study of diamond forms Sorting of rough Techniques for grading clarity and color Impact of tension and fluorescence Yield estimation and planning Determining price of single stones and rough parcels Origin determination Rough scanning and analysis using specializedRead More

Cheng Yu-tung GBM

World Diamond Mark Foundation mourns death of Cheng Yu-tung GBM, founder of Chow Tai Fook  Hong Kong, October 6, 2016: The Chairman and Board of the World Diamond Mark Foundation (WDMF) mourn the passing of Mr. Cheng Yu-tung GBM , founder of the Chow Tai Fook Jewellery Group. Mr. ChengRead More