Rubel & Ménasché, French diamantaire
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News from the Diamond Industry
All last year, the entire diamond industry was riveted to the scandal in the Kimberley Process (KP) - someone feeling indignation, some being puzzled, and some openly sympathizing. It was the first time in the history of the KP that it was declared a boycott by non-governmental organizations (NGOs) within the Civil Society Coalition (CSC).
The diamond trade remains under pressure, and further contraction of the market is expected this year. Apart from being squeezed by high rough costs and declining polished prices, dealers lament there are too many players chasing the same orders.
DPA to Run Ads During Academy Award Ceremony Amid the glitz and glamor of the Oscar red carpet, diamonds will also grace our screens during ad breaks, as the Diamond Producers Association (DPA) is running its “Real is Rare. Real is a Diamond” campaign during this year's Academy Awards.
Diamond market overview Sentiment in the polished market was cautiously optimistic over the past week. There were concerns about rough prices running ahead of polished, squeezing margins in the cutting centres.
Press release - At the Diamond Empowerment Fund’s annual board meeting held last month, Anna Martin was elected President of the D.E.F. Board of Directors. Martin is Senior Vice President Global Development and Beneficiation for Gemological Institute of America (GIA).
I’d like to start out this blog post by saying that the following is not meant to be a movie review because I am not a movie reviewer. I don’t have any experience in the genre and don’t fancy myself an expert on acting, directing, cinematography or costumes.
ALROSA is planning to launch marketing programs promoting Russian-mined diamonds, chief executive officer Andrey Zharkov said Monday.
The National Retail Federation has predicted that retail sales will increase between 3.7 percent and 4.2 percent in 2017.
Diamond market overview The mood in the polished market was cautious over the past week. There were concerns about disappointing demand growth for polished in the retail markets and a build up in polished inventory.
Press Release - Public Joint Stock Company ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for January 2017.