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Diamonds.net - US Jewelry Industry Closure Rate Increases

The number of active US jewelry businesses continued its downward trend in the third quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 152 businesses shut during the three months ending September 30, compared with 113 in the same period a year earlier, the JBT. ....

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Diamonds.net - UAE to Be 2024 Kimberley Process Chair

RAPAPORT. The United Arab Emirates (UAE) will become chair of the Kimberley Process (KP) in 2024, trade leaders in Dubai announced following the organization’s plenary meeting.

The UAE will assume the role of vice chair for 2023 and take the helm the following year, in line with KP. ....

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Diamonds.net - Canadian Jewellers Association Appoints New Chair

The Canadian Jewellers Association (CJA) has elected a new board of directors, to be chaired by Angela Betteridge.Betteridge, president of her eponymous jewelry company in British Columbia, will serve a two-year term from 2023 to 2025, the CJA said last week. Her career spans multiple facets of. ....

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Diamonds.net - Petra Halts Williamson Production Following Flood

Petra Diamonds has suspended all mining at its Williamson deposit in Tanzania pending an investigation into a burst wall at its tailings facility that resulted in a flood.The eastern wall of a storage facility where the company keeps ore that has already been processed gave way Monday morning,. ....

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Diamonds.net - Israel Trade Slows Amid Economic Slump, Festivals

Israel’s diamond shipments slumped in October as religious holidays compounded the negative impact of geopolitical and economic trends.Polished exports fell 24% year on year to $432.8 million for the month, after returns of unsold goods, the Economy and Industry Ministry reported Sunday. Export. ....

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