GJ Town India

We’re an industry that has Always overcome and emerged stronger Yoram Dvash, President, Israel Diamond Exchange and Acting President, World Federation of Diamond Bourses inked a blog amid pandemic scenario. He inks, I write to you direct from the Israel Diamond Exchange in Ramat Gan. Our huge trading hall, which is usually teeming with activity, is now fairly empty because of restrictions that allow only 100 people access at a time. Who would have imagined a diamond exchange with no handshakes to seal transactions? Almost four months ago, when the coronavirus broke out, I found myself having to manage the worst crisis the Israel Diamond Exchange has ever known. The challenge was massive and I approached it with great apprehension – to safeguard the health of the community, which includes more than 3,200 members and some 8,000 small and medium-sized business owners, and the health of the industry that is so dear to us all. In 2015, I was elected the 10th President of...

Anglo American rough diamond sales value For De Beers' ninth sales cycle of 2018 Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers' ninth sales cycle of 2018, amounting to $440 million. Bruce Cleaver, CEO of De Beers Group, said: "As the industry's focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. While demand for smaller, lower quality rough diamonds continues to see some challenges, the latest cycle saw some signs of improvement in this area as factories in India begin to reopen after Diwali." Cycle 9 2018 (provisional) [1] Cycle 8 2018 (actual) [2] Cycle 9 2017 (actual) Sales value [3] ($m) 440 482 466 [1] Cycle 9 2018 provisional sales value represents sales as at 19 November 2018.               ...