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In Search of a Plan at the World Diamond Congress
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The Zoom meetings that constituted September’s World Diamond Congress lacked the event’s trademark pizzazz. The biennial conference, which combines the meetings of the World Federation of Diamond Bourses (WFDB) and the International...
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Polished Markets
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Oct 05, 2020
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Avi Krawitz
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World Diamond Congress Goes Virtual
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The World Diamond Congress will take place in a virtual format beginning September 14, giving industry leaders an opportunity to brainstorm ways of navigating coronavirus-related challenges. The biennial event, a joint meeting of the World Federation of Diamond...
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Polished Markets
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Aug 17, 2020
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Rapaport News
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Royal Asscher President Retires After 50 Years
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Edward Asscher has retired as president of Royal Asscher, marking his 50th anniversary with the family-run jeweler. His daughter, Lita Asscher and son, Mike Asscher, will take his place as copresidents of the company.The...
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Retail
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Mar 03, 2020
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Rapaport News
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Group Offers $1M Prize to Nix Mercury in Mining
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Nonprofit organization Mercury Free Mining (MFM) hasorganized a global challenge campaign to eliminate the use of the dangerous metal in the industry,with the winning idea earning a $1 million prize, it said Tuesday. More than 15 million artisanal...
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Mining
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Jul 24, 2019
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Rapaport News
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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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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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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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Diamond Groups Call Off Israel Summit
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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...
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Polished Markets
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May 10, 2018
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Rapaport News
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New Guidelines Clarify: ‘Diamond’ Means ‘Natural’
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Leading groups in the diamond and jewelry sectors have collaboratedto publish a universal standard to use when referring to natural diamonds and synthetics. The Diamond Terminology Guideline is a reference on diamondvocabulary for all sector organizations,traders and...
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Polished Markets
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Jan 31, 2018
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Rapaport News
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Israel Gives Trade Time to Come Clean
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Diamond companies in Israel have been granted another twomonths to voluntarily disclose their assets, inventory and unreported income tothe Tax Authority.Firms have until the end of February to submit the fullreport of disclosures, as long as they...
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Financial-Legal
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Jan 01, 2017
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Rapaport News
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Three Things the Diamond Trade’s Survival Depends On
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The diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit....
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Polished Markets
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Jun 02, 2016
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Avi Krawitz
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Diamond Congress Raises Marketing Expectations
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The diamond industry stressed an urgent need for boosting consumer demand through effective marketing during the opening day of the World Diamond Congress (WDC) in Dubai on Tuesday. Even as industry profitability, bank financing and...
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Polished Markets
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May 18, 2016
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Rapaport News
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IDMA’s Shkadov Calls for Diamond Price Stability
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Roughdiamond prices need to come down by 15 percent but the market needs to stabilizefirst, Maxim Shkadov, president of the International Diamond Manufacturers Association(IDMA) told Rapaport News. “Roughprices need to come down to represent a fair value compared...
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Rough Markets
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Nov 02, 2015
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Rapaport News
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Polished Markets
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Jun 21, 2015
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Ronen Shnidman
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Israel's Diamond Leaders Call for Reduced Rough Supply
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Major rough diamond producers should reduce rough sales to help bring stability to the diamond pipeline, according to industry leaders in Israel. Shmuel Schnitzer, the president of the Israel Diamond Exchange (IDE), and Jacob Korn,...
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Rough Markets
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Jun 16, 2015
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Ronen Shnidman
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Financial-Legal
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Jun 16, 2015
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Avi Krawitz
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Presidents Meeting Opens to Challenges Facing the Midstream
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The opening session of the World Federation of Diamond Bourses (WFDB) and International Diamond Manufacturers Association (IDMA) presidents meeting in Tel Aviv on Monday highlighted the most pressing issues facing the midstream of the diamond...
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Polished Markets
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Jun 15, 2015
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Ronen Shnidman
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Challenging Congress
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The 36th biennial World Diamond Congress that took place in Antwerp this week offered an opportunity for industry leaders to tackle the trade’s most pressing issues. While much of the discussion focused on the reporting...
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Polished Markets
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Jun 20, 2014
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Avi Krawitz
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Manufacturing
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Jun 16, 2014
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IDMA
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