Diamonds
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De Beers to restructure Global Sightholder Sales
The De Beers Group said it will restructure its Global Sightholder Sales in a bid to sharpen its focus on customer relationships and product service and delivery, company CEO Philippe Mellier said in his address at a Sightholder reception in Botswana in January during the first De Beers Sight of 2016.
IDE appoints Eli Avidar as managing director
The Israel Diamond Exchange (IDE) announced it has appointed Eli Avidar, the managing director of the Israel Diamond Institute Group of Companies (IDI), as its new managing director, effective immediately. Avidar replaces Moti Besser who completed two terms as managing director.
55.64-carat diamond recovered from Baoulé kimberlite
Stellar Diamonds Plc recently uncovered a 55.64-carat diamond at the Baoulé kimberlite pipe in Guinea. The recovery confirmed the presence of large stones in the pipe, according to the company.
Kennady announces exceptional finds
Kennady Diamonds Inc said it recovered exceptional samples from the Faraday kimberlites at its 100 percent-controlled Kennady North project.
Rio Tinto’s rough output up 25% in 2015
Diamond production of Australia-based miner Rio Tinto reached 17.39 million carats in 2015, up 25.3 percent from the same period in 2014, the company announced recently.
Buyer delegation from PDE to attend diamond week in Israel
A top-level delegation of Latin American buyers from the Panama Diamond Exchange (PDE) will travel to Israel for International Diamond Week (IDW), scheduled to take place at the Israel Diamond Exchange in Ramat Gan from February 14 to 18.
Lucapa uncovers 133.4-carat diamond at Lulo
Lucapa Diamond Co Ltd unearthed a 133.4-carat diamond from initial processing of new gravels from mining block 6 – the largest diamond to be recovered to date at the Lulo Diamond Project in Angola.
The beauty of fancy coloured diamonds
Recognised as one of the world’s leading authorities on fancy coloured diamonds, Eden Rachminov has made it his mission to educate jewellers and retailers on all aspects of fancy coloured diamonds out of the firm belief that consumer confidence in these gems is dependent on the profound understanding of these rare beauties.
Borsa Istanbul, WDM to promote consumer trust and confidence in diamonds
Borsa Istanbul and the World Diamond Mark Foundation (WDM) recently entered into an agreement that fortifies the cooperation between the bourse and WDM.
Production reduction at Debswana; Snap Lake mine placed ‘under care’
Since the start of 2015, the diamond industry has experienced a number of challenges leading to abnormally high pipeline inventories of polished diamonds, resulting in lower demand for Debswana’s rough diamonds.
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