WFDB to discuss co-operation with new Diamond Producers’ Association

The president of the World Federation of Diamond Bourses (WFDB) has said the upcoming presidents meeting between his body and the International Diamond Manufacturers’ Association will be used as an opportunity to discuss cooperating with the new Diamond Producers’ Association (DPA).

Ernie Blom said: “I am looking forward to meeting some of the representatives of the mining firms,” said Blom. “It is critical that the diamond firms are involved in the development of the diamond sector and address the important issues that face the industry.”

The founding members of the DPA – ALROSA, De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamonds Ltd, and Gem Diamonds Ltd – have expressed their aim to work together to “support the development” of the diamond sector.

“I am happy that after many years of discussions, the leading diamond producers have taken this long-awaited step,” said Blom, adding that in today’s world, “no sector can thrive without the united effort of all stakeholders”.

The Presidents Meeting will be held in Tel Aviv from June 14 to 16.