ABN AMRO, in its latest Diamond Market Outlook report released last week says that the recovery in the diamond market which was seen towards the end of last year has ground to a halt as a result of “disappointing” consumer spending in Q1 in the US, the world’s largest diamond market, and the continued weak jewellery demand in China.

President of ALROSA Sergey Ivanov recently met with President of the Israel Diamond Exchange (IDE) Yoram Dvash; and the Chairman of the Israel Diamond Institute (IDI) Shmuel Schnitzer. They discussed matters of current interest for the diamond market; as well as dwelt upon the present situation in the Israeli diamond industry.

Shore Gold Inc. recently announced the acquisition from Newmont Canada FN Holdings ULC, of all of Newmont's participating interest in the Fort à la Corne joint venture (the FalC JV).

Canada’s Fair Trade Jewellery Co. has produced the first ever collection of four gold rings crafted entirely with responsibly mined and conflict-free artisanal gold sourced from eastern Congo.