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Last week, Martin Rapaport lowered prices on the March 20 edition of his widely watched price list by an average of 7%, leading some companies to pull their inventory from RapNet, his online listing service. Afterward, following a vote of RapNet members, he agreed to suspend publication of his price list until May 1.
Press release – To all members of the WFDB, Dear member of the worldwide diamond trade: In light of the crisis caused by the global pandemic Covid-19, we are writing to you as representatives of the midstream.
Due to the public health restrictions on the movement of people and product in Botswana, South Africa and India, which prohibit customers from traveling and prevent the shipment of goods to customers’ international operations, De Beers Group will not hold its third Sight of 2020.
Belgian and Israeli industry organizations are jointly organizing a virtual trade show to compensate for the cancellation of major exhibitions around the world.
The Kimberley Process (KP) Intersessional Meeting will take place as a virtual conference this year, as European borders close to travelers due to the coronavirus pandemic.
Due to the lockdown of many countries due to the pandemic of the new coronavirus COVID-19, ALROSA decided to hold an online auction for the sale of special diamonds (over 10.8 carats), which runs from March 23 to April 6.
The Rapaport Group won’t publish a new price list for the next five weeks with the spread of COVID-19 bringing diamond trading to a standstill worldwide.
Companies are branching out when it comes to promoting synthetics, with angles including size, quality and ethics.
The Antwerp World Diamond Centre (AWDC) will introduce a certification project for Guinea’s artisanal miners that will identify their rough diamonds as conflict-free.
When current events reach the level of crazy we’re seeing in today’s headlines, accessories should minimize the drama.
The 2020 edition of JCK Las Vegas, America’s largest jewelry trade show, as well as sister show Luxury, will be postponed until later in the year, according to show organizer Reed Exhibitions and the Reed Jewelry Group.
Sarine Technologies has launched a new platform enabling manufacturers to tap its automated grading systems and issue a report in-house to support the needs of jewelers.