7 August 2008 KIMCOR SELLS 10,000 CARATS FOR OVER US$700,000
KimCor, the diamond mining company listed on the London Stock Exchange’s Alternative Investment Market sold 10,023.55 carats of diamonds for a total of US$708,181.95 repr...
7 August 2008 BLUE NILE INTERNATIONAL SALES UP 179% IN Q2
Online fine jewelry and diamond retailer Blue Nile, Inc.’s net sales its second quarter ending June 29, 2008 reached US$73.7 million, up from US$72.1 million in the secon...
7 August 2008 LUCARA RAISING NEARLY US$5 FOR MOTHAE IN LESOTHO
Canada’s Lucara Diamond Corp. has agreed to sell, on a non-brokered, private placement basis, an aggregate of up to 5,555,556 million common shares for gross proceeds of ...
7 August 2008 AFRI-CAN FORCED TO DELAY BLOCK J SAMPLING PROGRAM
Afri-Can Marine Minerals Corporation says they have been advised by International Mining and Dredging Holding Ltd. (IMDH) that, due to unforeseen supply delays for variou...
7 August 2008 KATRINA KAIF CHOSEN AS BRAND AMBASSADOR OF NAKSHATRA
Katrina Kaif is the new brand ambassador of Indian jewelry brand Nakshatra, which has been wholly acquired by integrated diamond and jewelry manufacturer and retailer the...
7 August 2008 No Gold Medals in Kimberley Games
The Kimberley Process Certification Scheme (KPCS) is a purely political process designed to certify the origin of rough diamonds from sources free of conflict; as it has ...
31 July 2008 HARMONIZING ANTI-MONEY LAUNDERING RULES
The publication earlier this month by the OECD’s Financial Action Task Force (FATF) of its risk-based-approach document titled “Guidance for Dealers in Precious Metals an...
24 July 2008 JVC: ONE SPIN TOO MANY
Eleven U.S. and international diamond, jewelry and pearl trade associations petitioned the U.S. Federal Trade Commission (FTC) with one fundamental request: amend the FTC...
17 July 2008 FUTURE HEADLINE: 'DTC SIGHTHOLDER JAILED FOR ATTENDING SIGHT'
This headline is not imaginary, just premature. No foreign DTC sightholder has yet been jailed in South Africa for attending his own company’s sight at the Harry Oppenhei...
10 July 2008 TEMPORARY SOUTH AFRICAN PAIN RELIEF
When government regulators mess up – and especially when they know it – they may quietly welcome court intervention to assure that things will remain workable.
3 July 2008 ST. PETERSBURG: A REVOLUTION IN THE MAKING
A wild card represents "an unknown or unpredictable factor" in any number of domains – a factor that can make an enormous difference. Alrosa’s president, Sergei Vybornov,...
FINCEN SPEECH TO DIAMANTAIRES
Prepared remarks of William W. Fox, director, Financial Crimes Enforcement Network, Jewelers Vigilance Committee Industry Seminar, New York.
BELGIUM’S POLISHED EXPORTS UP 23.61%
Polished diamond exports from Belgium in the first half of 2008, at 4,678,220 carats worth US$6,525,390,475, increased by 23.61 percent in monetary terms but fell by 1.82...
DUBAI POLISHED DIAMOND RE-EXPORTS UP 78% IN Q1 OF 2008
Dubai’s polished diamond trade continues to grow at a steep pace, with polished diamond re-exports in the first quarter of 2008 up 78 percent in monetary terms as compare...
ISRAEL’S ROUGH IMPORTS UP 14%
Rough diamond imports to Israel in the January to May 2008 period, at 6,479,523 carats worth US$2,190,542,173, increased in terms of dollars by 14 percent from the same p...
BELARUS DIAMOND IMPORTS UP 120% IN Q1
Rough diamond imports to Belarus in the first quarter of 2008 reached 24,422.52 carats, marking a 46.2% increase compared to the same period of 2007, says a spokesman for...
JAPAN’S POLISHED IMPORTS DOWN 10%
Polished diamond imports to Japan in the first quarter of 2008, at 544,292 carats worth US$ 214,628,000, fell by some 10 percent in terms of both carats and dollars compa...
INDIA’S POLISHED DIAMOND EXPORTS UP BY OVER 30%
India’s gem and jewelry industry has witnessed a growth of 22.27 percent for the financial year 2007-08 as compared to the previous year, with the sector accounting for 1...
