Namibia Supports KP Chair Rough Diamond Valuation Initiative
GJEPC initiates Generic Diamond Promotion in India
The Gem and Jewellery Export Promotion Council [GJEPC] announced the initiation of ‘GENERIC DIAMOND PROMOTION’ to promote Diamond of various sizes in India. This promotion is most awaited by the industry and is pitted to uplift the entire Diamond Industry to a new high. GJEPC has partnered with De Beers, Worlds largest privately owned Diamond mining company in terms of equity stake to participate in this important initiative for the country.  more
As part of his Africa Initiative, the UAE Kimberley Process (KP) Chair Ahmed Bin Sulayem, met with the Prime Minister of Namibia, Dr. Saara Kuugongelwa-Amadhila in Windhoek, to discuss Kimberley Process related matters. These talks focused principally on initiatives regarding rough diamond valuation and the countries diversification strategy to foster economic growth through revenues generated from the sale of rough diamonds.

A Kimberley Process member since 2003, Namibia became the Vice-Chair in 2008, taking the KP Chair role in 2009.
“In recent years, the country has been creating a business friendly environment along with the strategy of diversification away from a heavy reliance on extraction and processing of minerals for export.

“Natural resources have always been important to Namibia, especially diamonds, as they contribute a significant amount to our GDP. What is important about this is the funding that the diamond industry supplies to help Namibia diversify its economy. We cannot rely on diamonds forever, so this government is looking at ways to optimize benefits from diamonds to improve people’s lives while at the same time building a new economy for the future. Namibia is looking into growing several sectors that will employ people in a range of industries and services.

Regarding the Kimberley Process, we are delighted to have the KP Chair   more
Canada's largest diamond manufacturer to become carbon neutral within framework of CIBJO's GHG Measurement Initiative
Vancouver-based Crossworks Manu-facturing Limited, the largest manufacturer of branded Canadian diamonds in the world, is set to become a carbon neural company, within the framework of CIBJO's Jewellery Industry Greenhouse Gas Measurement Initiative.   more
Registration Begins for Israel Diamond Week in New York
Registration for buyers to attend the fifth edition of the Israel Diamond Week in New York from October 31 – November 2, 2016 is now underway. The organizers, the Diamond Dealers Club of New York (DDC) and the Israel Diamond Exchange (IDE), are inviting bourse members and other buyers from around the United States and beyond to take part in this exciting annual trading platform.   more