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Antwerp
Belgium Shipments Hit 10-Year Low
Belgium’s diamond trade declined in 2019 as excess supply led to slower demand for rough and polished, the
News Jan 16, 2020 Rapaport News
Sewelo diamond
Louis Vuitton Buys 1,758ct. Diamond from Lucara
Lucara Diamond Corp. has sold Botswana’s largest diamond to Louis Vuitton in a rare move that will see
News Jan 16, 2020 Rapaport News
Rough diamond
UK Secures Deal to Keep Rough Trade Alive
The UK has secured independent membership of the Kimberley Process (KP), enabling it to continue participating in the international rough-diamond
News Jan 15, 2020 Joshua Freedman
The Diamond Office in Antwerp
Belgium Diamond Shipments Drop
Belgium’s diamond trade slowed in September, continuing a downward trend for the year. A 25% decline in polished exports
News Oct 22, 2019 Rapaport News
Antwerp Beurs
Antwerp Bans Lab-Grown from Trading Floors
The Federation of Belgian Diamond Bourses has introduced a ban on lab-grown sales in Antwerp’s four trading halls. While
News Oct 10, 2019 Joshua Freedman
WFDB Presidents' Meeting Opening
WFDB Prepares Master Plan to Boost Relevance
There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB)
Analysis Oct 07, 2019 Avi Krawitz
De Beers sightholder office 150
De Beers Sales Drop in Slow Rough Market
De Beers’ sales slumped to $295 million in September as the miner continued to allow sightholders to refuse goods in the prevailing
News Oct 03, 2019 Joshua Freedman
HK show Sept 2019
Hong Kong Show Reflects Slow Chinese Demand
The timing of the September Hong Kong Jewellery & Gem Fair was unfortunate, coming amid a wave
News Sep 24, 2019 Joshua Freedman
AWDC
Belgium Diamond Trade Slows
Belgium’s diamond trade continued its decline in August, with rough and polished shipments slowing. Polished exports
News Sep 11, 2019 Rapaport News
HSBC
HSBC to Pay $330M in Antwerp Fraud Settlement
A Swiss unit of HSBC has agreed to pay a record EUR 294.4 million ($330 million) to settle fraud claims
News Aug 07, 2019 Joshua Freedman
Antwerp diamond processing AWDC
Belgium’s Rough Trade Hits Decade Low
Belgium’s rough-diamond trade fell in the first half to its lowest level since the financial crisis. Rough
News Jul 15, 2019 Rapaport News
ABN Amro branch Capelle aan den IJssel
ABN Amro Restricts Rough-Sector Lending
ABN Amro has scaled back its financing of rough-diamond purchases, citing a lack of profitability in the manufacturing and
News Jul 15, 2019 Joshua Freedman
AWDC
Belgium’s Rough Trade Slumps in May
Rough exports from Belgium dropped 37% year on year to $741.5 million in May, reflecting continued weakness in the
News Jun 26, 2019 Rapaport News
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending
News Apr 07, 2019 Joshua Freedman
Polished diamond
Antwerp’s Eurostar Enters Bankruptcy
Eurostar Diamond Traders, one of the biggest names in the Antwerp industry, has entered bankruptcy following a legal
News Mar 28, 2019 Joshua Freedman
Diamond Fields
Diamond Fields Pink Sells for $17K/ct.
A pink diamond from Namibia’s offshore drilling program fetched $17,000 per carat at a tender in Antwerp. The 5.71-carat
News Mar 18, 2019 Rapaport News
Gem Diamonds 13.33ct pink diamond
Letšeng Pink Sells for Almost $9M
Gem Diamonds has announced the sale of a 13.33-carat pink diamond, discovered in February at its mine in Lesotho, for
News Mar 14, 2019 Rapaport News
A polished diamond under inspection
Eurostar Diamond Traders Close to Bankruptcy
Eurostar Diamond Traders could be forced to file for bankruptcy soon, after a Belgian court rejected its reorganization
News Mar 12, 2019 Rapaport News
Antwerp credit AWDC
Belgium Trade Slows in January
Belgium’s shipments of rough and polished slid in January amid a slowdown in the global industry. A 10% drop in the
News Feb 18, 2019 Rapaport News
BNP
Antwerp Vault Heist Leaves Clients in the Dark
Thieves have broken into a bank vault near Antwerp’s diamond district, with some clients in the dark
News Feb 06, 2019 Joshua Freedman
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