Archive for the ‘Industry’ Category
World Diamond Group imposes ban on ‘blood diamonds’ from Zimbabwe
Wednesday, September 1st, 2010
U.S.-based Rapaport Diamond Trading Network has banned the trade of ‘blood diamonds’ from two Zimbabwe mines renowned for the killings of workers and enslavement of children.
The global group has promised to publish the names of members knowingly trading in the precious stones from the diamond fields near the eastern city of Mutare.
The Associated Press reported the announcement made this month.
"This is the first time that we've heard of a large… Continue reading
Naomi Campbell admits to knowledge of ‘blood diamond’ gift
Tuesday, August 17th, 2010
Supermodel Naomi Campbell has testified to being given a present of 'blood diamonds' by former Liberian prime minister Charles Taylor. The iconic model admitted she was given a pouch with several small prescious stones after a party hosted by Nelson Mandela in 1997.
"I don't want anything to do with [Charles Taylor]. I care about the protection of my family," Campbell stated at the tribunal. "This is someone that I read… Continue reading
Requests for symbolic crown jewel to be returned to India refused
Tuesday, August 3rd, 2010
IDEX Online has reported that the symbolic Koh-i-noor diamond will not leave the United Kingdom, despite requests from India for the sparkly, stone to be returned.
The Prime Minister David Cameron has said the 106-carat precious stone will not leave British shores and is heading to India next week to strengthen ties between the two homelands of the stone.
In a recent interview on India's NDTV channel, Cameron said that if the diamond… Continue reading
Kimberley Process to review rough diamond exports in Zimbabwe
Wednesday, July 21st, 2010
Last week the World Diamond Council ended its Annual Meeting in St. Petersburg with an agreement that will allow two rough diamond exports from the Marange diamond fields in Zimbabwe.
IDEX Online News reported on the controversial decision that will enable the Kimberley Process’ review mission to take place in September.
KP Monitor Abbey Chikane will supervise the review and then again to certify the second supervised export. His report and future… Continue reading
World’s most expensive, diamond-set suits priced £599,000
Thursday, July 8th, 2010
Sparkly diamond suit worth £599,000.
Three of the world’s most expensive suits have been designed and decorated with 480 delicate diamonds.
The Sun newspaper reported the £599,000 hand-stitched two-piece suits are designed by tailor Richard Jewels and made from a cashmere, wool and silk blend.
Mr Jewels told the newspaper: "I hope to establish a luxury brand that will not only capture the eyes but the hearts of the consumers.
"The Jewels brand for… Continue reading