Ivory Coast to ‘demand’ UN lift diamond ban
After being deemed compliant by the Kimberley Process in November, the Ivory Coast will urge the United Nations to lift its embargo on the nation’s diamond exports at a meeting scheduled for next month, Reuters reported.
Hari Krishna’s Kisna diamond jewelry wins award
The All India Gems & Jewellery Trade Federation awarded Hari Krishna Exports’ diamond jewelry brand Kisna with its 2014 Paramparik (Traditional) Jewelry of the Year Award for the west.
Fugitive in diamond investment scam dies at 57
A man wanted by federal authorities in Las Vegas in connection with an alleged diamond mining company stock scam that bilked investors out of millions has died in Canada, authorities have confirmed.
GIA temporarily suspends rush services to relocate
The Gemological Institute of America’s New York Laboratory announced recently that it is suspending two of its services next month as the organization prepares to relocate from its current offices to the International Gem Tower.
Rio Tinto’s diamond revenue up 15 percent
Rio Tinto reported Thursday that revenues from its diamond mining and sales unit increased 15 percent year-over-year, from $741 million in 2012 to $852 million in 2013.
Petra’s big blue diamond goes for $25M
Petra Diamonds announced Friday that it has sold the 29.6-carat rough blue diamond it uncovered at the Cullinan mine in South Africa last month.
De Beers: Diamond demand to rise slightly in ’14
Global demand for diamonds will increase slightly in 2014, fueled by a desire for polished diamonds in the United States and China, De Beers said when releasing it annual results Friday.