WFDB President, Ernie Blom, addresses Zimbabwe conference

Ernie Blom, President of the World Federation of Diamond Bourses (WFDB), delivered a speech at the Zimbabwe conference on Friday stressing the key role African mining countries play as producers of diamonds on the world stage. African mines represent 65% of the world’s diamonds and as such, Africa is a senior partner in the global diamond industry. Blom referred to the medium- and long-term shortage of diamonds on a global scale as demand outstrips supply. Based on this he emphasised the opportunities that exist for countries like Zimbabwe and other African producing countries. He further stressed the importance of investing revenues from diamonds back into the industry in these countries as this is a great opportunity for African countries to invest profits in developing a value-added sector. More


By joining WDM, Africa can take benificiation downstream, Consumers need to know about what diamonds mean for Africa, says Popov

Alex Popov, Chairman of the World Diamond Mark Foundation (WDMF) proposed to participants of the Second Zimbabwe Diamond Conference that the WDMF could play a big part in bringing African diamonds and the message of their economic beneficiation to diamond jewelry consumers as part of its generic diamond promotion campaigns.
Referring to the theme of the November 6-7 conference - 'Completing Zimbabwe's Diamond Potential for the Future' -Popov spoke about how the World Diamond Mark Foundation's programmes could help bring African sourced diamonds more effectively to the end consumer market.This would make the story of their economic beneficiation to African diamond producing nations an integral part of its generic diamond promotion campaigns. More


DMCC Middle East Gems and Jewellery Forum launched in Dubai

DMCC, Dubai’s and the region’s global gateway for commodity trade and enterprise officially launched the Middle East Gems and Jewellery Forum (‘MEGJF’) on 9th November 2014.

The event was inaugurated by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, held at the DMCC headquarters in Almas Tower, Jumeirah Lakes Towers, with global industry leaders, experts and media in attendance.

During his welcome address to a full house of delegates Ahmed Bin Sulayem, Executive Chairman, DMCC, hailed the strong synergies between the jewellery industry and the UAE’s heritage, trade story and rapid evolution with focus on pearls, gold, diamond and coloured stones. More

Ernie Blom