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. |
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. |
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