Ganz urges bank to set up Israeli diamantaire credit fund

January 5, 2009

The Israel Diamond Manufacturers Association (IsDMA) is calling on the Bank of Israel to create a $2.25-billion credit fund to help the Israeli diamond industry through the economic crisis.

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Group releases requirements for responsible practices

January 5, 2009

The Responsible Jewellery Council's (RJC's) implementation documents for certifying ethical, social, and environmental practices in the diamond and gold jewellery supply chain are now available.

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478-carat rough diamond sells for $18.4 million US

December 15, 2008

The Light of LetÅ¡eng—a 478-carat rough diamond—has been sold for $18.4 million US, a remarkable $38,400 per carat.

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Thai gem show still on track

December 15, 2008

An eight-day siege by anti-government protesters at Bangkok's main airport is not slowing down preparations for the 43rd Bangkok Gems and Jewelry Fair (BGJF), says the event's organizer.

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Take a bite out of retail crime

December 15, 2008

The holidays are traditionally the busiest time of the year for retailers, but this is also the season thieves look forward to.

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Group launching silver campaign

December 15, 2008

A growing interest in higher-end silver jewellery is spurring the launch of a new marketing campaign to promote the metal among style-conscious 'recessionistas.'

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Blue Nile sued over emerald disclosure

December 15, 2008

A battle is brewing between online diamond retailers Yehuda Diamonds and Blue Nile Inc. over the sale of undisclosed treated emeralds.

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BHP Billiton calls off bid for Rio Tinto

December 1, 2008

After 18 months and $450 million US, BHP Billiton says it is no longer pursuing its hostile takeover bid for Rio Tinto.

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Investors turning to gold in market meltdown

December 1, 2008

Lower gold prices and the volatile global economy fuelled the dollar demand for gold and helped it reach a record high of $32 billion US for the third quarter.

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Auction bidding escalates over period pieces

December 1, 2008

A standing-room only crowd at a Toronto auction vied for period pieces and diamonds over two carats, pushing the bidding higher despite a gloomy global economic outlook.

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