Monday, December 15th 11:59 AM

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The DDE, by providing the diamond industry with world-class infrastructure, products and services required to trade with confidence, has quickly emerged as a key…..Continue

DMCC welcomes leading global diamond mining company ALROSA

  • The ALROSA move further highlights the significant role Dubai is serving as one of the world’s leading diamond hubs for trade and its connectivity to producing countries in Africa, cutting and polishing markets in Asia and consuming markets in Europe, North America and China.

Petra Diamonds in pact with Absa, RMB to refinance BEE partner loans

  • When Petra and the BEE Partners acquired the Finsch and Cullinan mines from De Beers, Petra agreed to finance the BEE Partners' 26% share in each mine.

Diamond dealers overstating color, clarity to push products:Martin Rapaport

  • Diamond grading experts labeled EGL International (EGLI)commonly use Gemological Institute of America (GIA) terminology to describe diamonds as for our more colour/clarity combination grades higher than what the GIA would give the same stones.

DMCC to host inaugural Middle East Gems & Jewellery Forum 2014

  • Gold, diamond and precious stones account for much of the non-oil and energy commodity-based trade in the region, and DMCC has extensively contributed to Dubai's position as one of the world's top three trading hubs for gold, diamonds and gemstones.

Diamond: De Beers production rises 6% in 3Q

  • De Beers Canada production from the Snap Lake and Victor mines declined 19% to 394,000 carats. The company also reported progress at its developing Gahcho Kué project, after attaining the necessary permits and licensing.

DDE announces tendering of rough diamonds from KAO mine in Lesotho

  • The tender is taking place for the first time in Dubai on September 21-24, 2014 and offers the full run-of-mine production of the KAO mine located in Lesotho. It will comprise of over 30,000 carats encompassing the full range of sizes and assortments, including large and special stones.

Petra Diamonds sells 122.52 ct blue diamond recovered from Cullinan mine

  • According to Petra, its polishing partner will settle its 85 percent of the agreed rough sales partnership value, US$23.5 million, immediately and Petra will record this sum as revenue in its results for the first quarter of fiscal 2015.

De Beers delegation visits Dubai Diamond Exchange

  • DMCC Free Zone and Almas Tower (DMCC’s headquarters and tallest business tower in the Middle East) has grown to become synonymous with the place to be for the international diamond trade and home to over 600 diamond businesses.

Exclusive Diamond show to show case new designs

  • This exclusive diamond show will feature an entire day of amazing deals on dazzling diamond jewelry, including the best quality Canary Star diamonds and the premiere of the Amore diamond collection.
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