Israel's polished diamond exports fell by 2.5%, to $ 3.84 billion in the first nine months of this year, according to the Ministry of Economy and Industry of the country.
In physical terms, polished diamond exports fell by 16% to 1.5 million carats as the average price jumped 17% to $ 2629 per carat.
Shipments to the US fell 0.3% to $ 1.47 billion. Export of diamonds in Hong Kong fell by 9% to $ 1.03 billion, while exports to Belgium fell by 17%, to $ 288.4 million.
At the same time, imports of polished diamonds in Israel fell 7% to $ 2.37 billion during the reporting period. Net export diamonds representing minus export import increased by 6% to $ 1.46 Bln.
Rough imports increased by 11% to $ 2.36 billion, while diamond exports jumped by 16% to $ 2 Bln. Consequently, pure rough imports, representing imports less exports, fell 11% to $ 356.2 million.
The balance of the diamond trade, reflecting the difference between net imports and exports, jumped by 13% to $ 1.11 billion for the first nine months of this year.
http://www.feedlisting.com/rss-feed-url/898218.html

Tips on responsible jewelry practices

Tips on responsible jewelry practices (Responsible Jewellery Council, RJC), a global organization for standards and certification throughout the supply chain jewelry, held its AGM in Pforzheim, Germany.
The meeting elected the new vice chairman of the Board of Directors Dide Terola (Didier Theraulaz, Piaget) and was re-elected Honorary Treasurer Firiel Zeruki (Feriel Zerouki, De Beers Group) .
RJC Members also elected directors Peter Karakchieva Council (PJSC "ALROSA"), Stephen Lussier (Stephen Lussier, De Beers Group) , Aloka Kumbhata (Alok Kumbhat, Jewelex India Pvt Ltd , Diamond division), Philip Rayzerta (Philipp Reisert, C. Hafner GmbH + Co. KG), Larry Drummond (Metalor Technologies SA), Thomas Puzone (Vacheron Constantin), Mark Hanna (Richline Group, Inc.), Erika de Rockin '(Eric de Rocquigny, Van Cleef & Arpels), Boaz Lev ( boaz Lev, Gem Lab Services), Marijke Ahten (Marijke Achten, HRD Antwerp) and Michael de Gelhanda Merksemna (Geelhand de Merxemn, Antwerp World Diamond Centre), representing the appropriate forums.
After the shareholders' meeting RJC held an open discussion with the experts of the jewelry industry, which participants discussed the new EU Regulation on conflict minerals and exchanged views on the regulation and implementation of measures to improve the quality of due diligence by the RJC and its members.
During the event, presented the RJC annual activity report for 2017, which provides information on developments in the expansion of the membership of the Council, as well as in the field of certification and standards.

More peacekeeping forces in the diamond mining town

The United Nations (UN) plans to send more peacekeeping forces in the diamond mining town of Bangassou (Bangassou) in the Central African Republic (CAR), to stop the recent wave of violence sweeping the region.
Bloomberg quoted Stefan Dudzharricha (Stephane Dujarric), Spokesman for the Secretary-General of the United Nations, Antonio Guterres (Antonio Guterres), who said that the new clashes erupted in the southern prefectures of Bria and alindao.
"Untested evidence suggests that there may have been killed up to 100 people" - he said.
He added that the peacekeeping force will help to neutralize the attackers, protect the civilian population and to provide vital humanitarian assistance to the population.
According to Bloomberg referring to the US Geological Survey, the CAR in 2012 was the tenth largest producer of diamonds in the world by value.
In 2013, in CAR occurred internecine conflict when rebels from the Muslim group Selek seized power from President Fransua Bozize, to provoke bloodshed by Christian militants "antibalaka".
The diamonds used to finance the operations of the warring groups, prompting the Kimberley Process to ban the export of diamonds from countries that are not landlocked.
But last year, the body partially lifted the ban.