A subsidiary of luxury brand Tiffany & Co., Laurelton Diamonds, is set to lay off 26 employees at its Antwerp operations as the company grapples with a continued downturn in demand for diamonds. Founded in 2002, Laurelton Diamonds operates as a De Beers sightholder, sourcing rough diamonds, cutting, polishing, and supplying them to Tiffany’s jewelry […]

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Belgium’s Interior Minister, Annelies Verlinden, has expressed strong support for Antwerp’s diamond industry, calling for robust government measures to sustain its position as a global trade hub. Speaking at the World Economic Forum in Davos, Switzerland, Verlinden emphasized the need for certainty and stability in policymaking, both domestically and across the European Union. “The government […]

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India is renewing calls for its own G7 diamond verification center, in addition to Antwerp and, as of next year, Botswana. There has been near-universal opposition within the industry to Antwerp as the sole verification point. All rough diamonds, whatever their origin, must currently be checked in Antwerp to ensure they are not of Russian […]

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Talented Wang Xuerui beat over 1,500 jewelry designers to win first prize in HRD Antwerp’s 18th Design Awards. Her piece, called Mutualistic, was described as “a stunning work that symbolizes peace at the core of its design”. Judges at the Vicenzaoro boutique jewelry show, in Italy, were looking for storytelling, technical skills and the ability […]

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Diamond dealers in Antwerp are suing their banks for blocking their US dollar accounts when they implemented AML (anti-money laundering) legislation. They’re set to take a group action, claiming they have suffered disproportionately from the implementation of EU rules. Robin van Beurden, an Antwerp diamond broker, told the German broadcaster Deutsche Welle he’d already won […]

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Figures on the trade in Antwerp in the first six months of the year demonstrate the city is back on track of the pre-pandemic upturn seen in the first few months of 2020, outperforming 2019 figures on rough trade with double-digit growth, the Antwerp World Diamond Centre (AWDC) said. Polished trade, still suffering from the […]

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Antwerp’s first-quarter exports of rough were up by almost 40 per cent by value as markets continued their recovery from the depths of the Covid pandemic. Total sales were almost $2.6bn – up just over 14 per cent by weight to 25.8m carats – according to new figures from the Antwerp World Diamond Centre (AWDC). […]

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Over the last several years the HB Company principals have worked solely on the ambition to transform the diamond supply chain, creating a new transparent ecosystem, reconnecting the consumer with the rare beauty of the rough stone. The company announces a ground-breaking collaboration with Louis Vuitton and Lucara Diamond Corp, to manufacture the historic, record […]

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DelGatto Diamond Finance (“DelGatto” or “Company”), an institutional diamond finance company, today announced it has partnered with Koin International (“Koin”), a leading specialized polished and rough diamond company, to provide immediate financing for clients at Koin’s international tenders. DelGatto Diamond Finance is a leading collateral-based alternative finance provider to the diamond and jewelry industry. Through […]

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The slowdown in the trade of rough and polished diamonds that has characterised the better part of the last year, continued in December, according to figures released by the Antwerp World Diamond Centre (AWDC). During the month, the centre exported nearly 12.25 million carats of rough at a value of US$ 980.40 million. This represented […]

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