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...

COVID-19 Gives Rise to a New Way of Doing Business AWDC and IDI to...

In the time of coronavirus, two organisations have taken the lead to carry on business efforts. The Antwerp World Diamond Centre (AWDC) and Israeli Diamond Institute (IDI) have announced that they are joining forces...

Sergey Ivanov Re-Elected CEO by ALROSA’s Supervisory Board

In a unanimous decision, the Supervisory Board of ALROSA at an absentee meeting re-elected Sergey Ivanov as CEO and Chairman of the Executive Committee for a period of five years. Sergey Ivanov, who was earlier...

India’s Polished Diamond Exports Dip Sharply in February

India’s gross exports of cut and polished diamonds dipped significantly below last year’s levels due to the impact of Covid-19, declining by 40.92% during the month of February 2020, according to provisional data released...

GSI launches market-leading lab-grown diamond grading report

Gemological Science International (GSI) has introduced a new grading report for lab-grown diamonds. The new report, LGX Complete, which is the most comprehensive grading report available on the market today for lab-grown diamonds, is for...
Gem Diamonds recovers 100 diamonds larger than 100 carats

Gem Diamonds recovers 100 diamonds larger than 100 carats

LSE-listed Gem Diamonds has announced its Full Year Results for the year ending 31 December 2019. Commenting on the results, Clifford Elphick, CEO of Gem Diamonds, says: “Gem Diamonds delivered solid operational results which together with...

Rio Tinto’s Diamond Business Reports Loss as Revenue and Earnings Dip in 2019

Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21...

Finestar Diamonds opens manufacturing factory

Finestar Diamonds Botswana, a wholly-owned subsidiary of Finestar Jewellery and Diamonds of India, officially opened its factory in Gaborone Finestar is a sight holder of De Beers specialising in the manufacturing of polished diamonds ranging...

Lucy Quartermaine introduces diamond-set designs for SS20

Award-winning designer Lucy Quartermaine is set to launch two diamond-set collections for SS20. The first step into diamond designs for the designer, the collections have been greatly received by retail partners so far with many...

Lucapa’s Second Sale of Lulo Diamonds in 2020 Nets US$ 1.9 Million

The second sale of Lulo alluvial diamonds in 2020 brought in a revenue of US$ 1.9 million, Lucapa Diamond Co Ltd announced today. The mine in Angola is jointly owned by Lucapa and its...

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Gemfields Divests Fabergé to SMG Capital in $50 Million Deal

Gemfields Divests Fabergé to SMG Capital in $50 Million Deal

Gemfields Group Limited has finalized a $50 million agreement to sell its prestigious luxury brand, Fabergé Limited, to U.S.-based investment firm SMG Capital LLC....
Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump

Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump

In a turbulent year for the global luxury watch industry, the second-hand market is proving a rare bright spot. Pre-owned Rolex and Patek Philippe...
De Beers and Endiama Uncover Promising New Kimberlite Field in Angola

De Beers and Endiama Uncover Promising New Kimberlite Field in Angola

De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern...
Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable

Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable

Titan Company Limited's jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold)...
72nd Bangkok Gems & Jewelry Fair

Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...

August, 2025 – The Department of International Trade Promotion (DITP), organizer of the Bangkok Gems and Jewelry Fair, and the Gem and Jewelry Institute...
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