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WFDB
Blom Urges KP to Define Systemic Violence
The war on conflict diamonds will remain at a standstilluntil the industry can agree on what constitutes systemic violence, according to World Federation of Diamond Bourses (WFDB) president Ernie Blom. The lack of agreement on the matter is preventing...
Polished Markets Jul 29, 2019 Leah Meirovich
WFDB External Advisor
Peter Meeus to Advise WFDB on Synthetics
The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
Polished Markets Jun 27, 2019 Leah Meirovich
Israel Diamond Exchange
Synthetics: Coming to a Bourse Near You?
The rise of lab-grown diamonds might finally be tricklingthrough to the historic heart of the trade: the diamond exchanges.It began last November, when Anoop Mehta, president ofMumbai’s Bharat Diamond Bourse (BDB), told Rapaport News...
Polished Markets May 14, 2019 Joshua Freedman
Blom
Blom Urges Joint Effort to Mend South Africa Trade
World Federation of Diamond Bourses (WFDB)president Ernie Blom has called for the industry and government to collaborateand rebuild South Africa’s diamond trade following massivedownsizing of the industry. “The diamond sector worldwide has flourished...
Rough Markets Feb 18, 2019 Rapaport News
KDE WFDB
WFDB Signs Deal with Korea Bourse
The World Federation of Diamond Bourses (WFDB) has agreed tohelp promote business for the Korea Diamond Exchange (KDE). The trade bodies signed a cooperation agreement inJohannesburg, South Africa, last week, with the...
Polished Markets Feb 12, 2019 Rapaport News
Diamond
IDMA, WFDB Consider Joining Forces
The International Diamond Manufacturers Association(IDMA) is considering an alliance with the World Federation of DiamondBourses (WFDB) in response to the crisis in the global cutting sector. “With the changes in the diamond-manufacturing sector’s landscape,as well as due to the...
Manufacturing Nov 05, 2018 Joshua Freedman
Lin Qiang
WFDB Names Shanghai Bourse Chief as VP
Lin Qiang has succeeded Yoram Dvash as vice president ofthe World Federation of Diamond Bourses (WFDB), with the latter taking on a newrole as head of a strategic body.Qiang has served as president of the Shanghai Diamond Exchangesince its...
Polished Markets Nov 01, 2018 Rapaport News
CIBJO
CIBJO Urges Diamond Consultation with FTC
The World Jewellery Confederation (CIBJO) has proposedit work with other industry groups to consult with the US Federal TradeCommission (FTC) over its fiercely debated diamond terminology.Industry leaders attending the October 15 to 17CIBJO Congress...
Polished Markets Oct 23, 2018 David Brough
Industry Response 150
Industry Hopes to Appeal FTC Rulings
The World Federation of Diamond Bourses (WFDB) intends to persuade the Federal Trade Commission (FTC) to change its decision regardingthe description of a diamond. In its new jewelry guidelines, the FTC stated the term“diamond” does not...
Polished Markets Jul 29, 2018 Rapaport News
Peter Meeus 150
Peter Meeus to Head World Diamond Mark
The World Federation of Diamond Bourses (WFDB) has appointedPeter Meeus as chairman of its World Diamond Mark (WDM) program. Meeus — who will take over from Alex Popov — was president of the DubaiDiamond Exchange from...
Polished Markets Jul 15, 2018 Rapaport News
Mumbai 150
World Diamond Congress Set for Mumbai
The 2018 World Diamond Congress will take place in Mumbai inlate October, the World Federation of Diamond Bourses (WFDB) said last week. The meeting of the WFDB and the International DiamondManufacturers Association (IDMA)...
Polished Markets Jul 01, 2018 Rapaport News
Ernie Blom
WFDB Asks Ernie Blom to Remain as President
Ernie Blom is poised to serve another two years as president ofthe World Federation of Diamond Bourses (WFDB), after Yoram Dvash turned downthe role. “The executive of the WFDB at their meeting [in Germany inMarch] asked...
Polished Markets May 16, 2018 Joshua Freedman
Israel Diamond Exchange
Diamond Groups Call Off Israel Summit
Industry leaders have canceled next month’s World Diamond Congress in TelAviv, citing low registration and the likely impact ofgeopolitical tensions in the region. The World Federation of Diamond Bourses (WFDB) and theInternational Diamond...
Polished Markets May 10, 2018 Rapaport News
Blom
Blom Diamonds Set for $4M Takeover
Blom Diamonds, a cutting and polishing firm owned by seniorindustry figure Ernie Blom, has agreed to be acquired by Australia’s TycheanResources for up to $4.1 million (AUD 5.5 million).Under the deal, Tychean will issue shares worth about$206,352...
Manufacturing Jan 25, 2017 Rapaport News
Cash
Diamond Industry Now Banking on Legitimacy
The diamond industry has added several layers of legitimacy this year as more companies are complying with standards set out by banks, regulators and suppliers, even if they’re still burdened with a “high-risk” profile. Bringing...
Financial-Legal Dec 08, 2016 Avi Krawitz
Ahmed Bin Sulayem
KP Eyes Consensus on Rough Valuation
The Kimberley Process (KP) chair will hold a forum in Dubainext week aimed at finding a consensus on the criteria for evaluating roughdiamonds.The event will take place at The Westin Dubai, Al Habtoor City, onNovember 13 on the first...
Rough Markets Nov 09, 2016 Rapaport News
WFDB Logo
WFDB Unveils New Roster of Leaders
The World Federation of Diamond Bourses (WFDB) announced anew executive committee, selecting Mehul Shah as treasurer-general. Shah, vice-president of Mumbai’s Bharat Diamond Bourse, takesover from longstanding officeholder Dieter Hahn, while Rony Unterman continuesas...
Polished Markets Jun 07, 2016 Rapaport News
Ernie Blom
‘Young Diamantaires’ Aim to Nurture Next Generation
The World Federation of Diamond Bourses (WFDB) set up aninternational program to develop the future generation ofdiamond dealers.The ‘Young Diamantaires’ initiative was introduced at the 37th WorldDiamond Congress in Dubai in May and will be led by Rami...
Polished Markets Jun 01, 2016 Rapaport News
GJEPC
India's GJEPC Accepted as WFDB Member
The World Federation of Diamond Bourses (WFDB) expanded its constituent base with the addition of India’s Gem and Jewellery Export Promotion Council (GJEPC) as the largest among its 31 members. The council had to adjust...
Polished Markets May 18, 2016 Rapaport News
WFDB Logo
Top Diamond Producers to Address Sustainability Issue at Congress in Dubai
Major diamond miners are expected to share views on transparency,responsibility and sustainability in producing countries at this month’s WorldDiamond Congress.A panel discussion on the topic is scheduled for May 19 atthe 37th congress in Dubai. “We are expecting...
Mining May 03, 2016 Rapaport News
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