Economy weighs heavy at IDE anniversary celebration

December 1, 2008

Thousands of diamontaires from Israel and abroad celebrated the Israel Diamond Exchange's (IDE's) 70th anniversary, with the weakened worldwide economy threatening to overshadow the festivities.

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United front required, says head of AWDC

December 1, 2008

A co-ordinated industry response to the current market meltdown is essential to stabilizing the worldwide diamond industry.

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$120-million Paraiba lawsuit dismissed

November 17, 2008

A U.S. judge has thrown out a $120-million lawsuit against the American Gem Trade Association (AGTA) and others over the use of the phrase 'Paraiba tourmaline.'

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Pink diamond tender a hit with bidders

November 17, 2008

A weakened global economy did little to hurt Rio Tinto's 24th pink diamond tender.

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SSEF warns of synthetic red spinel

November 17, 2008

A resurgence in the demand for fine-quality red spinels may be the catalyst for the recent appearance of flux synthetics, says the SSEF Swiss Gemmological Institute.

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Celebs and WGC join forces for charity

November 17, 2008

The World Gold Council (WGC) is teaming up with A-list celebrities to help raise money and awareness for worthy causes.

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IDL opening labs in Italy and Saudi Arabia

November 17, 2008

International Diamond Laboratories (IDL) is setting up diamond grading services in Italy and Saudi Arabia.

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Kimberley Process falls short, says NGO

November 3, 2008

The Kimberley Process is helping to combat conflict diamonds for the most part, but the problem still persists in some parts of the world, says a group dedicated to their eradication.

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World diamond conference on hold

November 3, 2008

The Antwerp World Diamond Centre (AWDC) is postponing its fifth annual conference due to the weakened global economy.

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Rio Tinto hands out grants to Canadian universities and groups

November 3, 2008

Rio Tinto is doling out the first of its community investment grants in health, education, culture, and the environment.

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