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The diamond industry’s lack of liquidity is expected to be one of the main topics of discussion when leaders convene in Dubai in mid-May for the World Diamond Congress.
The biggest drop was in the export of polished diamonds, which slipped below the $20 billion mark for the first time in six years.
The mining company has recovered three more big diamonds from its mine in Angola and two of them are high-color, Type IIa stones.
M. Geller, Schubach Enterprises and D.Nea are among the new members of the International Grown Diamond Association.
The miner and marketer reported that diamond production fell by double digits in the first quarter as it scaled back operations due to the weak diamond demand witnessed in 2015.
Simon Golub consultant Seth Pepkin will work with jewelers in five states across the South and Midwest.
The mining company reported Thursday that production hit 38.3 million carats last year, which is a 6 percent increase compared with 2014.
With the news that its longtime editor, Shira Ami, is retiring, the Israel Diamond Institute Group of Companies is ceasing publication of its trade magazine, Hayahalom.
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