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World Diamond News

Man Jailed for 3 Years For Evading Tax on Watches Sold for $1.6 Million on eBay

05.10.16, 11:29 / World
A British man has been jailed for three years for dodging £1.25 million in tax (approximately $1.6 million) on expensive watches

Lucara Sets 2nd Exceptional Stone Tender for November

05.10.16, 11:26 / World
Lucara Diamond Corp. will be hosting its second Exceptional Stone Tender of 2016 from November 7 through November 16, according to Diamond

De Beers Rakes In $485 Million in 8th Sales Cycle of Rough

05.10.16, 11:07 / World
De Beers reported the sale of a provisional $485 million of rough diamonds at its eighth sales cycle of 2016 last week

Petra’s CEO: Diamond Price Recovery Skipps Small Stones

05.10.16, 09:11 / World
Johan Dippenaar, CEO of Petra Diamonds, said the recovery in diamond prices is leaving out the smallest and lowest-quality gems

Israel Diamond Exchange Mourns the Passing of Ex-PM Shimon Peres

02.10.16, 09:49 / World
Israel's former president and prime minister, Shimon Peres, passed away last week (September 28). He was 93 years old. In an announcement

Sotheby’s Fails to Sell 27.35-carat Diamond Ring in Latest Auction

02.10.16, 09:46 / World
Sotheby’s Important Jewels sale in New York garnered $9 million as its headline piece - a massive diamond ring - failed to find a buyer

WFDB to “Proactively Address” Issue of Declining Trade Financing

02.10.16, 09:06 / World
At its meeting in London last week, the World Federation of Diamond Bourses (WFDB) Executive Committee discussed the problems of finance ...

WDM Revamps Its B2B Website

29.09.16, 11:30 / World
The World Diamond Mark (WDM), the not-for-profit organization established by the World Federation of Diamond Bourses (WFDB
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