IN FOCUS

First Virtual World Diamond Congress Concludes Successfully

The third day of the 39th World Diamond Congress concluded on 16th September with a session addressed by World Federation of Diamond Bourses (WFDB) President Yoram Dvash and International Diamond Manufacturers Association…

Yoram Dvash Elected WFDB President For 3-year Term

During the Working Session of the WFDB, held on the opening day of the virtual World Diamond Congress, Yoram Dvash, President of the Israel Diamond Exchange, was formally elected as President of…

Alrosa’s August 2020 Diamond Sales Rise 19% To $216.7 Million

Alrosa’s diamond sales results for August 2020 rose 19% year-on-year to $216.7 million as demand for rough picked up in preparation for the year-end holiday season. The August sales included proceeds from…

Tiffany Sues LVMH To Enforce $16.2 Billion Merger

Tiffany & Co. has filed a lawsuit in the US against LVMH Moët Hennessy-Louis Vuitton to enforce the $16.2 billion merger announced in November 2019. The announcement came after LVMH deferred the…

Indian jewellery magazine

De Beers Enhances Marine Diamond Mining Safety Using IoT Tech

De Beers Marine South Africa, a division of diamond giant De Beers, and Orange Business Services, a network-native digital services company, have jointly installed and tested a customised Internet of Things (IoT)…