De Beers sightholders refuse boxes

De Beers’s the world’s largest rough producer felt the pain, when only $300 million of the $450 million estimated sight was taken up by their sightholders. This leaves 30 percent of the rough on offer  on the table.

Source: DCLA

Greece Shuts Down Access to Safe Deposit Boxes

 

A few minutes ago the deputy Minister of Finance Mrs Olga Valavani said safe deposit boxes will be reserved! Bank officials denied this statement.

More: LINK

India’s diamond sector is hurting from Defaults and lay-offs

The diamond sector in Surat is experiencing rising losses and payment defaults.
 

This is causing uncertainty for workers in India's diamond capital. 

Read more:DCLA

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132 Ct Unveiled by Graff

Pictures of the Spectacular Fancy Yellow Diamond Polished by Graff Diamonds have been released.




Read more: DCLA

Arbitrators to Weigh Cases Involving GIA Grading Reports

 

Left: Shmuel Schnitzer  IDE's president, said The Israel Diamond Exchange will appoint arbitrators deal with transactions of treated diamonds certified determined by the Gemmological Institute of America (GIA). 

Source: DCLA