Google+ The Daily Jewel: 2/16/14 - 2/23/14


Saturday, February 22, 2014

IDE's 1st International Rough Diamond Week (IRDW) - March 9 to 13, 2014

IDE organizes International Rough Diamond Week
Aims to strengthen Israel's position as a rough trading center

The Israel Diamond Exchange (IDE) plans to hold its first International Rough Diamond Week (IRDW) from March 9 to 13, 2014. A diverse series of rough diamond tenders will be held during the five-day event. Among the companies that will stage rough diamond tenders are Alrosa, De Beers Auction Sales, Rio Tinto Diamonds, I Hennig/ Fusion Alternatives and Tzoffey's.

IDE deputy president Arnon Juwal, who heads the IRDW organizing committee, said that for the Israeli diamond center to go forward, more rough diamond trading and sourcing is needed. "If we are to boost the manufacturing of polished goods in Israel, we need to increase the flow of rough to our industry. By creating recurring anchor events for rough diamond tenders, as well as auctions, we are placing these efforts high and visibly on our industry's agenda."

Juwal said he was encouraged by the response from rough diamond producers, traders and diamond manufacturers in participating in the International Rough Diamond Week. "The rough diamond supply channels are going through significant changes, with rough being produced and traded by a significantly larger number of players than ever before. Spearheaded by the IDE's efforts, Israel's diamond industry strategy is to build long-term, value adding alliances with these players."

IDE president Shmuel Schnitzer said the IDE intends to hold an International Rough Diamond Week several times throughout the calendar year. "This is a long-term initiative that will strengthen and boost Israel's position as the world's most versatile and dynamic diamond trading hub. Rough diamond trading is an essential component of our industry's vitality. We have the resources, infrastructure and a highly motivated, closely knit diamond business community. Therefore, I am confident of this venture's success."

Friday, February 21, 2014




Botswana Top Achievers, African Leadership Academy and CIDA City Campus to Benefit

Fulfilling their core mission for the year, the non-profit organization, Diamond Empowerment Fund (D.E.F), continues their seven-year support of emerging young leaders in Africa. 

The $175,000 grant will be distributed evenly amongst their three beneficiaries: Botswana Top Achievers, which provides the top high school students the opportunity to study at a university of their choice worldwide and then return to Botswana to contribute to its economic diversification and growth; African Leadership Academy, a university preparatory school in Johannesburg, South Africa, founded on the belief that ethical leadership is the key to sustainable development; and CIDA City Campus, South Africa’s first non-profit university offering a four-year business degree.

Says H.E. Tebelelo Seretse, Ambassador of the Republic of Botswana to the United States “we greatly appreciate the support of D.E.F in empowering our young people”. Affirms Fred Swaniker, co-founder of African Leadership Academy, “I can't tell you how having a trusted, committed partner like D.E.F over the years has provided ALA with the peace of mind and financial stability so that we can focus on our mission of developing outstanding leaders who can transform Africa”. Adds Martins Njah, Academic Dean and Acting Executive Director of CIDA City Campus “thank you for supporting our cause and the development of South African rural communities by educating these youths who we pride as agents of change”.

Phyllis Bergman, President of D.E.F’s board of directors concludes, ‘the gift of education is the greatest gift of all’.  

For more on the Diamond Empowerment Fund visit:

Thursday, February 20, 2014

MJSA's 2014 Annual Buyers Guide Now Available!

MJSA Publishes 2014 Edition of Its Annual Buyer's Guide

MJSA, the trade association dedicated to professional excellence in jewelry making and design, has published the 2014 edition of its popularMJSA Buyer's Guide, which lists resources and information for purchasing jewelry-making tools, equipment, supplies, and services.

The Buyer's Guide lists MJSA members by the products and services they offer in the following categories: Tools & Equipment, Metals, Contract Manufacturing, Findings, Chain, Gemstones, Beads, Business Equipment, Business Services, and Packaging and Displays.

The Guide also features several articles to help buyers make the best purchasing decisions and establish good working relationships with vendors. The 2014 articles cover such topics as minimizing metal loss to get the best refining return; the top trends expected to shape 2014; when to ask subcontractors to sign non-disclosure agreements; security investments for a home-based business; jewelers' favorite bench tools; and how and when to invest in computer-aided manufacturing systems.

The 314-page book also includes a full listing of all association members, with contact information.

Every MJSA member receives a complimentary copy of the Buyer's Guide; non-members can purchase it by going to the MJSA Bookstore, or by calling 1-800-444-MJSA (6572).

Founded in 1903, MJSA is the U.S. trade association for jewelry makers, designers, and related suppliers. Its mission is to supply the information and resources needed to achieve professional excellence and maintain a competitive edge. To view all members of the MJSA Board of Directors, go to


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