‘Diamond Squad’ head accused of money laundering
An Antwerp law enforcement official who has been spearheading investigations into wrongdoing in the diamond industry for more than a decade now finds himself on the other side of the law.
DEF announces first Indian beneficiary
The Diamond Empowerment Fund has named the nonprofit Veerayatan as the first educational institution in India to receive its funding, awarding it a $50,000 grant.
DEF honors two who do good
The Diamond Empowerment Fund, the organization that works to better the lives of people in diamond-producing countries worldwide, honored actress Jane Seymour and Jewelers for Children Executive Director David Rocha at its annual Good Awards.
Belgium aiding Ivory Coast’s return
The Antwerp World Diamond Centre (AWDC) recently completed a
training program for three senior officials from the government of the
Ivory Coast, which saw the decade-long ban on its diamond trade lifted earlier this year.
World Diamond Council names executive director
Just ahead of its annual meeting, the World Diamond Council announced that it has chosen Patricia Syvrud, a GIA graduate gemologist who owns a jewelry industry consulting firm, as its first executive director.
DEF to give $240K to educational institutions
The Diamond Empowerment Fund announced Tuesday that its board of directors approved the granting of funds to its three existing beneficiaries as well as an additional $15,000 donation to the Flaviana Matata Foundation.
DEF to honor Seymour, Rocha and JFC
Jane Seymour, David Rocha and the organization he leads, Jewelers for Children, are the recipients of the Diamond Empowerment Fund’s 2015 Good Awards, which recognize individuals for their leadership and impact on youth and communities around the world.
World Diamond Council hiring executive director
The recently revamped World Diamond Council has begun an international search for an executive director who will handle the day-to-day management of the organization, a new role at the WDC.
Banned diamonds are entering pipeline, WDC warns
There is evidence that conflict diamonds from the Central African Republic are reaching international markets, despite the fact that trade in rough from that country was banned by the Kimberley Process more than a year ago.
DDI: The time is now to help artisanal miners
An executive from the Diamond Development Initiative is urging industry leaders to do more to help the more than 1.5 million artisanal miners laboring under dangerous conditions in Africa and South America.
Banned CAR diamonds intercepted in Antwerp
Belgian authorities reported Friday that they recently seized a shipment of rough stones that potentially are conflict diamonds from the Central African Republic.
DEF’s Vegas gala raises more than $1M for education
The Diamond Empowerment Fund’s mission of providing higher education to children in Africa’s diamond-producing countries got a boost in Las Vegas, with the organization’s annual gala raising more than $1 million.
GIA hires former State Dept. advisor for new role
The Gemological Institute of America now has a global director of development and beneficiation, and has tapped the former special advisor for conflict diamonds with the U.S. State Department to fill the role.
Chaka Khan to headline DEF’s Las Vegas event
The Diamond Empowerment Fund announced this week that Grammy award-winning singer Chaka Khan will perform at its “Diamonds in the Sky” gala event on May 29 in Las Vegas.
Edward Asscher elected president of the WDC
The World Diamond Council announced Tuesday that it has a new president, vice president and treasurer following the first formal meeting of the organization’s new board of directors.
Ivory Coast now free to trade in diamonds
The United Nations Security Council has voted to lift the nearly decade-long ban on diamond exports from the Ivory Coast, freeing the country, which already has been cleared by the Kimberley Process, to re-enter the diamond trade.
Report: Ivory Coast officer violating embargo
United Nations experts report that a senior Ivory Coast army officer might be using profits from diamond sales to buy arms, violating the country’s longstanding embargo just as it was getting close to returning to the diamond trade.
DEF event scores additional sponsors
A pair of large mining companies and one of the world’s biggest retailers are among the latest industry players to pledge their support for the Diamond Empowerment Fund’s annual gala in Las Vegas.
Diamond Development Initiative expands into the DRC
The Diamond Development Initiative, the organization working to improve the lives of artisanal miners around the globe, is partnering with Promines to improve the governance of metals mining in the Democratic Republic of the Congo, expanding the organization’s scope beyond diamonds.
DEF, Forevermark partner for education program
Forevermark and the Diamond Empowerment Fund are teaming up and launching the Forevermark Promise Scholars program this year, which will provide assistance to DEF’s educational beneficiaries in Africa.
DEF donates $175K to educational institutions
The Diamond Empowerment Fund (DEF) has given a $175,000 grant to be split among its three beneficiaries, all of which provide higher education in diamond-producing nations.
No date set for tender of Marange goods
The Antwerp World Diamond Centre (AWDC) said it doesn’t have a firm date for its tender of rough diamonds from Zimbabwe’s Marange region, rebuffing reports that the sale started this week.
KP recognizes that Cote d’Ivoire is compliant
Though there is no new definition for conflict, members of the Kimberley Process did pave the way for one nation to get back into the diamond trade at last week’s plenary in Johannesburg.
Diamond manufacturer gives millions for hospital
The shareholders of Hari Krishna Exports Pvt. Ltd., a De Beers Group sightholder and diamond and jewelry manufacturer, have earmarked some funds for a very important and altruistic purpose.
‘Conflict’ definition seems unlikely to change
It’s time again for the Kimberley Process’ annual plenary meeting, and process observers say a broader definition of “conflict” diamond doesn’t seem any closer to finding the support it needs to pass this year.
WDC now restricts presidents to a single term
After being led by the same individual for more than a dozen years, the World Diamond Council (WDC), the organization created as the diamond industry’s voice on the issue of conflict diamonds, has established a term limit for its president.
Tender of Marange goods possible this year
Representatives from Zimbabwe paid a visit to Antwerp this week to discuss organizing a sale of rough diamonds from the country’s Marange region before the end of 2013.
Rapaport to speak on undisclosed synthetics
The Gemmological Association of Great Britain (Gem-A) has announced that Martin Rapaport, chairman of the Rapaport Group, will give a speech at its November conference about the issue of undisclosed synthetics, which again has been making headlines in the trade.
IDEX Online: AWDC welcomes sanctions lift
In an official statement published Tuesday the Antwerp World Diamond
Centre (AWDC) responded to the lifting of restrictive measures on the
Zimbabwe Mining Development Corporation (ZMDC) by the European Union.
New report details ups, downs of the KP
Partnership Africa Canada (PAC) recently published a report on the
Kimberley Process on behalf of the KP’s civil society coalition,
intended for use by the industry and the general public.
NGO: EU lifting of Zimbabwe sanctions was rushed
A decision by European Union to lift sanctions against a state-run
diamond mining company in Zimbabwe is drawing criticism from the same
non-governmental organization that exited the Kimberley Process over
issues in the nation.
Belgium, EU at odds over Zimbabwe mining co.
Reuters reports that Belgium is pushing for the European Union to lift
sanctions on the state-run Zimbabwe Mining Development Corp. (ZMDC)
despite other countries’ concerns over alleged fraud in the July
election that kept President Robert Mugabe in office.