Julius Klein opens factory in Namibia
Windhoek, Namibia—New York-based Diamond Trading Co. (DTC) sightholder The Julius Klein Group (JKG) recently celebrated the opening of a diamond factory in the African nation of Namibia.
Namibia Diamond Trading Co. names sightholders
Windhoek, Namibia—The Namibia Diamond Trading Co. (NDTC) announced recently the names of 11 Namibia-based manufacturers who will receive rough diamonds for a contract period of three and a half...
De Beers, Namibia sign landmark diamond-sales agreement
Windoek, Namibia—The Government of Namibia and De Beers have announced an agreement to secure the sale of the country's diamonds through the Diamond Trading Co. (DTC) until 2013 and establish a...
Sightholder to open factory in Namibia
Antwerp, Belgium—Diamond Trading Co. sightholder Dali Diamond, an international group with products and services across the diamond pipeline, has announced plans to open a diamond-polishing...
Namdeb diamond sales down 9 percent
Windhoek, Namibia—The Namdeb Diamond Corp., equally owned by the Government of Namibia and De Beers, announced its interim results for the first six months of 2007, reporting sales revenue was...
African leaders discuss diamond opportunities
Windhoek, Namibia - African ministers and senior government officials representing mines, minerals and energy met for a one-day workshop to discuss the essential role diamonds play in the development...
Namibia to vice chair Kimberley Process
Gaborone, Botswana—The 2007 Kimberley Process Plenary Meeting has elected the South African nation of Namibia to serve as vice chair of the Kimberley Process for 2008.
IDI League of Honor recognizes industry cooperation
Tel Aviv, Israel—The Israel Diamond Institute (IDI) group of companies has established an award to honor heads of state and ministers who promote cooperation between their countries and the...
De Beers announces Diamdel restructuring measures
London—In a move meant to focus resources and operations for its long-term strategy as well as to meet obligations to African countries, De Beers announced it will restructure the Diamdel group...
Majority of U.S. companies retain sightholder status
London—Six out of nine U.S.-based companies have retained their Diamond Trading Co. (DTC) London or DTC South Africa sightholder status, while one company's status has been revoked, National...
DTC releases names of sightholders
London—The Diamond Trading Co. (DTC) has now released the names of all 79 companies that are sightholders for the 2008-2011 contract period.
Israeli diamond dealers perish in plane crash
Windhoek, Namibia—A plane crash claimed the lives of five Israeli diamond dealers on Saturday outside the Namibian capital of Windhoek.
DMIA asks DTC, Congress to help U.S. diamantaires
New York—The Diamond Manufacturers and Importers Association of America (DMIA) today announced details of a campaign designed to leverage U.S. foreign aid to the benefit of American diamond...
De Beers calls for tougher controls to eliminate conflict diamonds
Johannesburg, South Africa—Echoing the sentiments of Partnership Africa Canada (PAC) and the World Diamond Council (WDC), De Beers Group Chairman Nicky Oppenheimer called on governments to...
De Beers pledges funds to aid alluvial miners in Tanzania
New York—Speaking at the Clinton Global Initiative in New York this week, De Beers Director Jonathan Oppenheimer and Tanzanian President Jakaya Kikwete announced a $2 million project to help...
WDC: Industry's future rests on ethics, transparency
Jerusalem, Israel—After a challenging year for the diamond industry that culminated with the release of "Blood Diamond," industry leaders gathered here for the fifth annual World Diamond...
India looking to source rough directly from Africa
New Delhi—A delegation of Indian leaders are Africa-bound, on a mission to cultivate rough-diamond relationships, according to various news sources.
De Beers confirms possible Diamdel overhaul
London—De Beers has denied speculation that it will cease operations of Diamdel, its independently managed rough-diamond trading company that supplies the secondary market, but confirmed it was...
Adalah-NY continues Leviev protests
New York—Adalah-NY, the group responsible for the protests outside Lev Leviev's store on Madison Avenue, continued their campaign against the billionaire diamantaire at the JA New York Summer...
Diamond industry lender ABN Amro staying put
Tel Aviv, Israel—Diamond industry lender ABN Amro Holding NV has been acquired by Fortis, but the company isn't getting out of the jewelry business.