WFDB

Digital Diamond Trading Will Ease Challenge of Social Distancing

Online trading will help the diamond industry ride the Covid-19 storm, the president of the World Federation of Diamond Bourses said today. "We are fortunate that both eCommerce and digital platforms have developed to...
Diamond World is being "Divided" by Alrosa Sales

Diamond World is being “Divided” by Alrosa Sales

Russia's ongoing sale of diamonds to some dealers in India and Belgium and are said to be dividing the industry. Alrosa, the state-controlled miner, has been sanctioned by the US since its invasion of Ukraine...
Alrosa

ALROSA updates on preventive maintenance at processing plants

ALROSA launches preventive maintenance (PM) at processing plants of Nyurba, Udachny and Mirny Divisions. PM helps to ensure uninterrupted work of the equipment. Over RUB 500 million is allocated for PM projects in 2020. ...
Alrosa

ALROSA amends its trading sessions’ schedule

ALROSA decided to change dates for its trading sessions in July and August after having reviewed the current market situation July trading session, initially scheduled for July 12-17, will take place on July 27-31. This...
Jewelers Honored for Record-Breaking Diamond Ring

Jewelers Honored for Record-Breaking Diamond Ring

An Indian jeweler has received national recognition after landing a Guinness World Record for a ring made with 24,679 natural diamonds. The Touch of Ami took 90 days to make at SWA Diamonds, in Malappuram...
Swarovski Reports Return to Profit and Surge in Lab-Grown Diamond Sales

Swarovski Reports Return to Profit and Surge in Lab-Grown Diamond Sales

Swarovski has made a strong comeback, returning to profitability after five years of setbacks. The Austrian luxury brand, known for its iconic crystals and jewelry, announced a 6% growth in revenue for 2024 and...
Israel Diamond Exchange Back in Business

Israel Diamond Exchange Gets Back to Business

The Israel Diamond Exchange opened its Trading Floor once again on Sunday May 24, 2020, and declared a return to “normal” activity after being closed for two months due to a lockdown being declared...
Opsydia Secures Investment to Drive Growth in its Innovative Security Solutions for the Diamond Sector

Opsydia Secures Investment to Drive Growth in its Innovative Security Solutions for the Diamond...

The UK-based laser technology specialist welcomes significant funding from three core investors to support the next phase of its growth and development. Leading gemstone security specialist, Opsydia, has secured significant funding to kickstart the...

Lucapa Upbeat Over Results of Initial Exploration Efforts to Locate Lulo Kimberlite Source

Lucapa Diamond has described the initial results of its exploration to locate the hard-rock kimberlite source(s) of the alluvial diamonds within the prolific Lulo diamond field in Angola as “exciting and highly encouraging”, and...
Firewood Collector Stumbles on $25,000 Diamond

Firewood Collector Stumbles on $25,000 Diamond

A villager collecting firewood in India stumbled on a 4.39-carat rough diamond valued at $25,000. Genda Bai, 45, was working in forest in Purusottampur, in the central state of Madhya Pradesh, when she made the...

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Jaipur Watch Company Accelerates Growth with Launch of Three New FOCO Stores

Jaipur Watch Company Accelerates Growth with Launch of Three New FOCO Stores

Luxury timepiece maker Jaipur Watch Company has announced a strategic expansion of its retail network with the launch of three new stores under the...
GJEPC Leadership Tackles US Tariffs and Charts Growth Roadmap at Surat Industry Meet

GJEPC Leadership Tackles US Tariffs and Charts Growth Roadmap at Surat Industry Meet

In a pivotal gathering on April 24, 2025, the leadership of the Gem & Jewellery Export Promotion Council (GJEPC) descended on Surat to engage...
Canada’s Northwest Territories Introduces Strategic Relief Package to Safeguard Diamond Industry

Canada’s Northwest Territories Introduces Strategic Relief Package to Safeguard Diamond Industry

In a decisive move to support the backbone of its economy, the Government of the Northwest Territories (GNWT) announced a series of relief measures...
Palmonas Makes North India Debut with Flagship Store at Omaxe Chowk, Delhi

Palmonas Makes North India Debut with Flagship Store at Omaxe Chowk, Delhi

Rising demi-fine jewellery label Palmonas has officially entered North India with the launch of its first physical store in the region, opening its doors...
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