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Diamond News Broadcast
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Rapaport News |
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De Beers first-half '08 results are in -- chairman Nicky Oppenheimer and managing director Gareth Penny discuss the outcome and what is in store for the second half. Dorothee Gizenga, recently appointed executive director of the Diamond Development Initiative (DDI,) discusses the...
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Montblanc to Carry 46664 Bangle in Support of the Mandela Foundation
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Jeff Miller |
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Nelson Mandela celebrated his 90th birthday today, weeks after a star-studded outdoor concert in London that was dedicated to the human rights leader. It was during this celebration that the 46664 bangle was introduced, which is a bracelet distributed in platinum, gold, and...
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Illegal Miners Risk Lives to Cash-in on Rising Diamond, Metals Prices
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Dialog NewsEdge |
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International Herald Tribune, LONDON: Poor men and women in Ghana, former militia fighters in eastern Democratic Republic of the Congo, and farmers in Peru are among those joining the ranks of illegal miners and risking their lives as they seek to profit from high gold...
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Wal-Mart to Source Responsible Gold, Silver from Rio Tinto
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Jeff Miller |
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Wal-Mart chose Rio Tinto to provide gold and silver for fully traceable, responsibly-produced jewelry. The partnership is part of a Wal-Mart, the nation's largest retailer by far, developed an initiative to achieve 100 percent traceability for all of the gold and silver...
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Cream Minerals Updates the Trade on Progress in Sierra Leone
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Jeff Miller |
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Cream Minerals Ltd., which is prospecting on the Sewa River in Sierra Leone, exported a parcel of diamonds to Canada including 112 stones with a total weight of 53.93 carats. An independent value estimate of $10,701 from the Government Gold and Diamond Office (GGDO) of Sierra...
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UK: Trade Minister to Chair Ethics Debate During London Show
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Jeff Miller |
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The Birmingham Assay Office will stage "The Great Debate" during the International Jewellery London on September 3, 2008. The Assay office "continues to be concerned about ethical, humanitarian and social issues associated with the jewellery trade and is keen that these be...
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WDC: 'No News is Good News' as Conflict Diamonds Kept Under Control
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Eli Izhakoff |
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The following report was presented by Eli Izhakoff, chairman and CEO of the World Diamond Council (WDC,) during the WDC's fifth annual meeting which took place in Antwerp, Belgium this week...My dear colleagues, In an organisation such as ours, the best that a chairman...
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Violence Against Diggers Alarms U.N. Rep.
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Jeff Miller |
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The United Nations peacekeeping boss in the Democratic Republic of the Congo (DRC) expressed his deep concerns for continued violence against diamond diggers being evicted from neighboring Angola. Alan Doss, head of MONUC in the DRC, told Radio France Internationale that...
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Diamonds Make Their Way Through Harare
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Dialog NewsEdge |
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The Zimbabwe Times: Investigations by both the United Nations and NGO Global Witness have found that one of Zimbabwe's ministers, Emmerson Mnangagwa, is a key player and beneficiary in a host of illicit deals in international finance. With an entire army corps in the Democratic...
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The Hague: Evidence Implicates Taylor's Son, Arab Diamond Dealers
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Dialog NewsEdge |
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Concord Times, THE HAGUE: Additional evidence in the trial of former Liberian President Charles Taylor in The Hague has alleged his connections with Arabs in the diamond trade as well as the role of his son Chuckie in human rights abuses in the region. Prosecution witness...
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Don't Trade Diamonds from Venezuela
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Jeff Miller |
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Now that Venezuela suspended itself from the Kimberley Process Certification Scheme for a period of at least two years, Avi Paz, president of the World Federation of Diamond Bourses (WFDB,) has called upon members of the 29 bourses affiliated to the WFDB to take all measures...
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JVC Presents Training for Rough Diamond Traders at JA Summer Show
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Jeff Miller |
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The U.S. Treasury will enforce two new amendments to the Clean Diamond Trade Act that will affect rough diamond importers and exporters’ businesses. Amendments cover data collection for the import and export of rough diamonds in the U.S. to support obligations under the...
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Venezuela's Decision to Exit KPCS Leaves Trail of Diamonds in Question
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Jeff Miller |
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The withdrawal of Venezuela from the Kimberley Process Certification Scheme (KPCS) "solves a longstanding problem in terms of Venezuelan non-compliance with KPCS minimum standards," according to a number of non-governmental organizations (NGOs.) However, even though...
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Kimberley Process Intercessional Meeting Scheduled for this Week
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Avi Krawitz |
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The Kimberley Process Certification Scheme (KP) is scheduled to hold its fifth annual Intercessional meeting this week in New Delhi, India. The meeting, which will run from June 17-19, takes place as a means for the KP to take a half-yearly stock of the scheme’s implementation, and...
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NGOs: Venezuela Weakens Effort to Control Conflict Diamonds
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Jeff Miller |
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In a statement sent out late today, a number of non-governmental organizations (NGOs) called for the immediate expulsion of Venezuela from the Kimberley Process Certification Scheme. “Venezuela has been in a state of serious non-compliance for four years,” said Ian...
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Penny to Address Council on Foreign Relations
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Jeff Miller |
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The Council on Foreign Relations (CFR) will hold a discussion on how the private sector can help sustainable development in Africa at 12:30 p.m. on June 10 at 1779 Massachusetts Avenue NW, Washington, D.C. The meeting is only open to the media however.Participants include...
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Kimberley Process Checks Israel’s Diamond Procedures
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Avi Krawitz |
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A seven-member Kimberley Process (KP) delegation arrived in Israel this week to check that procedures in the country’s diamond trade were in line with those required by the industry. The KP recently began its second round of review visits to member countries after completing the...
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