Diamond industry on Notably News

Diamond industry

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We include updates on Savji Dholakia, De Beers, Hari Krishna Exports, Maurice Tempelsman, Nicky Oppenheimer, Barney Barnato, Lev Avnerovich Leviev, Ernest Oppenheimer, Bharat Shah, Harry Oppenheimer, Kolmanskop, Bhima Jewellers, Rosy Blue, Jean-Baptiste Tavernier, Laurence Graff, Dan Gertler ... and more.

2025	De Beers De Beers Jewellers was rebranded as De Beers London, emphasizing its links with the fashion and luxury capital.
2024	Child labour in the diamond industry South Africa began gaining momentum in combating child labor, hosting workshops across the country focused on monitoring and data collection for the Child Labour Programme of Action (CLPA).
2024	Surat Diamond Bourse Expected completion of the skywalk connecting Surat Diamond Bourse (SDB) to the Dream City Convention Centre, providing a pedestrian-friendly connection between the two facilities.
September 2024	Dan Gertler The Tel Aviv District Court recommended dismissing Gertler's lawsuit against Haaretz, citing the ongoing Israel-Hamas war, and the parties agreed to drop the case.
September 8 2024	Malabar Gold and Diamonds A smash and grab robbery took place at the Malabar Gold and Diamonds store in Mississauga, Ontario, Canada, which occurred within one year of the store's opening.
May 2024	De Beers Anglo American announced its intention to spin off or sell De Beers, potentially marking a significant transformation of the company's ownership structure.
February 2024	HB Antwerp Signed a new 10-year diamond sales agreement with Lucara Diamond Corporation.
2023	HB Antwerp Opened HB Botswana, a new cutting and polishing facility in Gaborone, Botswana.
2023	Countries by diamond exports India maintained its strong export performance, with diamond exports valued at $18.2 billion, remaining a key global diamond export market.
December 17 2023	Surat Diamond Bourse Surat Diamond Bourse was inaugurated and opened, after a delay from the initially planned November inauguration.
October 2023	HB Antwerp Terminated the previous ten-year contract with Lucara Diamond Corporation.
August 22 2023	Surat Diamond Bourse Guinness World Records officially declared the Surat Diamond Bourse as the world's largest office building, surpassing The Pentagon.
July 2023	Malabar Gold and Diamonds Honoured with the 'Global Retailer of the Year Award' at the Kerala Jewellery Awards.
July 26 2023	Surat Diamond Bourse Construction of the Surat Diamond Bourse was fully completed.
June 2023	Malabar Gold and Diamonds Expanded operations into Europe by opening a showroom in London, which became the company's 320th showroom.
May 2023	Malabar Gold and Diamonds Launched the world's biggest jewellery showroom, spanning 110,000 sq ft in Kozhikode.
May 2023	Cullinan Diamond The Cullinan V brooch was placed on the front of Queen Mary's Crown for the Coronation of Queen Camilla, replacing the traditional Koh-i-Noor diamond.
March 2023	HB Antwerp Botswana acquired a 24% stake in HB Antwerp, as announced by President Mokgweetsi Masisi.
March 2023	Malabar Gold and Diamonds Malabar Gold and Diamonds opened a modern integrated complex at Kakkancherry, Kerala, featuring a jewellery manufacturing unit and design studio. The complex spans 1.75 lakh sq ft (175,000 square feet).
January 2023	Malabar Gold and Diamonds The company launched its 300th global showroom in Dallas, Texas, United States, becoming the 6th largest jewellery retailer in the world.
2022	HB Antwerp Partnered with Microsoft to verify and track mined gems using blockchain technology, and collaborated with engineering company Comate to develop mini safes for diamond storage and tracking.
2022	HB Antwerp Signed a ten-year contract with Lucara Diamond Corporation for diamond purchases.
2022	Savji Dholakia Awarded the Padma Shri, one of India's highest civilian honors, recognizing his significant contributions to the diamond manufacturing and export sector.
2022	De Beers Benguela Gem, the world's largest diamond vessel at 177 meters, began operation in Namibia.
2022	Dan Gertler Gertler divests or loses his mining and oil interests in the Democratic Republic of the Congo (DRC), marking the end of a significant business period.
2022	Dan Gertler Dan Gertler signed an agreement with the Congolese government led by President Félix Tshisekedi, transferring all mining and oil licenses held by Ventora Group.
2022	Golconda diamonds Companies applied for mining rights in Andhra Pradesh after the National Geophysical Research Institute discovered diamond deposits in seven districts of the state.
September 2022	HB Antwerp During the United Nations General Assembly, Botswana's president Mokgweetsi Masisi highlighted HB Antwerp's government arrangement as a model for other African countries.
September 2022	Malabar Gold and Diamonds Felicitated by the All India Gem and Jewellery Domestic Council (GJC) for being selected as the 6th largest jewellery group in the world.
June 2022	Catoca diamond mine Angola nationalized the 18% stake previously held by LL International Holding, giving the government majority control of the Catoca diamond mine.
May 2022	Malabar Gold and Diamonds Became one of the first beneficiaries of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), receiving permission to export jewelry from India to the UAE with tax concessions.
May 2022	Surat Diamond Bourse Overall structure of the Surat Diamond Bourse complex was completed.
February 2022	Dan Gertler The government of the Democratic Republic of the Congo announced plans to sign an agreement with Fleurette Group to transfer assets worth two billion dollars, including cash, cobalt mines, and oil wells.
January 2022	HB Antwerp Established Signum, a rough diamond brand that sold 12 Non-fungible token diamonds directly to the public.
July 2021	Catoca diamond mine A tailings leak occurred at the Catoca diamond mine, releasing waste material into the Tshikapa river. The incident contaminated water, killed 12 people, and sickened over 4,000 individuals. The spill turned the river red and killed large numbers of fish. Independent testing later revealed the presence of nickel and uranium in the contaminated water.
March 8 2021	Dan Gertler The Biden administration ended the temporary sanctions reprieve granted to Gertler.
January 25 2021	Dan Gertler In the final days of the Trump Administration, the US Treasury Department issued a license temporarily lifting sanctions on Gertler, allowing him to use American dollars for various activities for a year, following lobbying by Alan Dershowitz.
2020	HB Antwerp HB Antwerp was founded by four entrepreneurs: Shai de Toledo, Rafael Papismedov, Oded Mansori, and Boaz Lev in Antwerp, Belgium, establishing a new diamond cutting and technology company.
2020	De Beers De Beers Company released a statement committing to not using slave labor within the company, signaling a change in corporate values.
2020	Dan Gertler Gertler filed a lawsuit for 9 million shekels against Haaretz newspaper and two journalists over an investigative report about fund transfers from the Democratic Republic of Congo to Israel.
2020	Malabar Gold and Diamonds Donated one crore to the Telangana Chief Minister Relief Fund to help battle the coronavirus pandemic, and distributed over 15,000 food kits to workers in Gulf and East Asia during COVID-19 crisis.
2020	Malabar Gold and Diamonds Launched the 'One India One Gold Rate' initiative, offering a uniform gold rate across all Indian states and ensuring responsibly sourced gold without compromising quality and purity.
August 2020	HB Antwerp HB Antwerp entered an agreement with Lucara to purchase all large stones (10.8 carats and up) from the Karowe mine, partnering with Louis Vuitton to work on significant diamonds including the 'Sewelo', 'Sethunya' (549 carats), and a 1,175-carat rough diamond.
August 2020	Nicky Oppenheimer Maintained his position on Forbes list of The World's Billionaires with a reported fortune of US$7.6 billion.
February 2020	De Beers De Beers reported its worst earnings since being bought by Anglo American in 2012.
2019	De Beers De Beers launched Tracr, an end-to-end traceability platform enabling diamond identification and tracking from mine to store, with Signet and Alrosa also adopting the technology.
2019	De Beers De Beers's market share of rough diamonds fell to 29.5%, a significant drop from its peak of 90% in the 1980s, reflecting a more fragmented and competitive diamond market.
2019	Nicky Oppenheimer Ranked as the richest person in South Africa on Forbes list of The World's Billionaires, with a fortune of US$7.3 billion.
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This contents of the box above is based on material from the Wikipedia articles De Beers, Savji Dholakia, Catoca diamond mine, HB Antwerp, Nicky Oppenheimer, Malabar Gold and Diamonds, Cullinan Diamond, Dan Gertler, Child labour in the diamond industry, Golconda diamonds, Surat Diamond Bourse & List of countries by diamond exports, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.