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Panel Highlights Traceability Opportunity
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The trend of adopting diamond traceability measures is gaining traction, according to participants in a panel discussion at Israel’s International Diamond Week.The panel, moderated by Rapaport Senior Analyst Avi Krawitz, explored how various businesses across the supply...
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Polished Markets
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Feb 13, 2020
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Rapaport News
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Antwerp Bans Lab-Grown from Trading Floors
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The Federation of Belgian Diamond Bourses has introduced aban on lab-grown sales in Antwerp’s four trading halls. While synthetics trading is still rare in Antwerp, theumbrella group took action last month because it views the exchanges...
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Polished Markets
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Oct 10, 2019
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Joshua Freedman
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WFDB Prepares Master Plan to Boost Relevance
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There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB) was graced by royalty and high-ranking politicians, recalled industry consultant Peter Meeus at the organization’s annual Presidents’...
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Polished Markets
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Oct 07, 2019
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Avi Krawitz
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US Bans Import of Zimbabwe Diamonds
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US Customs and Border Protection (CBP) has blocked theimport of rough diamonds mined from the Marange fields in Zimbabwe, claimingthey were produced using forced labor. “CBP is firmly committed to identifying and preventingproducts made with...
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Mining
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Oct 03, 2019
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Rapaport News
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Nurturing the Next Generation of Diamantaires
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If anyone in the industry wanted to know how to transform a diamondbusiness and safeguard its future, they might do well to speak to the 25members of the Young Diamantaires group who went on last week’s mission toSouth Africa.The delegates...
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Mining
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Sep 12, 2019
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Joshua Freedman
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Blom Urges KP to Define Systemic Violence
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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...
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Polished Markets
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Jul 29, 2019
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Leah Meirovich
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Israel, Shanghai Bourses Strengthen Cooperation
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Members of the Israel and Shanghai diamond exchanges are set to sign a cooperation agreement during the inaugural Israel Diamond Week that opens in the Chinese city on Tuesday.The three-day event marks the first time...
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Polished Markets
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Jul 15, 2019
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Rapaport News
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Israel Bourse Unveils ‘Real Diamonds’ Campaign
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The Israel Diamond Exchange (IDE) haslaunched an international awareness campaign, highlighting the unique featuresof natural diamonds.The bourse will promote its “I lovenatural diamonds” campaign — which it says is the first internationalinitiative by a global diamond center...
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Marketing
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Jul 01, 2019
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Rapaport News
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Peter Meeus to Advise WFDB on Synthetics
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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...
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Polished Markets
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Jun 27, 2019
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Leah Meirovich
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Synthetics: Coming to a Bourse Near You?
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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...
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Polished Markets
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May 14, 2019
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Joshua Freedman
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Antwerp Bourse Head to Lead IDC Board
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The International Diamond Council (IDC) has elected Julien Drybooms as chairman of its board.Drybooms is the chairman of the Vrije Diamanthandel diamond bourse in Antwerp, and the owner of Drybooms Diamonds. He is also a former chairman of HRD Antwerp,...
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Polished Markets
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Apr 23, 2019
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Rapaport News
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Blom Urges Joint Effort to Mend South Africa Trade
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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...
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Rough Markets
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Feb 18, 2019
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Rapaport News
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WFDB Signs Deal with Korea Bourse
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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...
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Polished Markets
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Feb 12, 2019
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Rapaport News
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Everything Changes, Some Things Stay the Same
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The diamond and jewelry trade tends to be reactive rather than proactive. That was clear during the recent conference season, with the World Federation of Diamond Bourses (WFDB), the International Diamond Manufacturers Association...
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Polished Markets
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Nov 08, 2018
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Avi Krawitz
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IDMA, WFDB Consider Joining Forces
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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...
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Manufacturing
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Nov 05, 2018
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Joshua Freedman
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WFDB Names Shanghai Bourse Chief as VP
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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...
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Polished Markets
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Nov 01, 2018
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Rapaport News
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CIBJO Urges Diamond Consultation with FTC
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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...
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Polished Markets
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Oct 23, 2018
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David Brough
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Industry Hopes to Appeal FTC Rulings
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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...
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Polished Markets
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Jul 29, 2018
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Rapaport News
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Peter Meeus to Head World Diamond Mark
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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...
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Polished Markets
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Jul 15, 2018
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Rapaport News
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World Diamond Congress Set for Mumbai
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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)...
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Polished Markets
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Jul 01, 2018
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Rapaport News
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