Syn‘Round tripping’ on the wane in India
The theory is that ‘round tripping’ in diamonds began sometime after 2008 when 2% import duty was imposed by the Government of India.
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GJEPC raises industry concerns with Gujarat minister
A delegation led by Gems and Jewellery Export Promotion Council (GJEPC) Chairman Shri Vipul Shah met Shri Saurabhbhai Patel, Minister of Finance in the government of the state of Gujarat to present issues of importance to the diamond trade.
Where De Beers really makes its money
In May, executives from Anglo were murmuring that the company overpaid when it acquired De Beers, that it wasn’t delivering the return on capital it hoped.
No, De Beers isn’t opening a trade lab (for now)
For the last few years, De Beers has operated the International Institute for Diamond Grading and Research (IIDGR), a lab that issues reports for Forevermark-branded diamonds.
What you most need to know to profit from Millennial shoppers
New York, NY-So you think you know the Millennials? You know they’re wired, connected, and not (quite) as narcissistic as they’re made out to be.
Why the industry can no longer bank on the banks
Over the last week, the industry was hit with a double whammy, right in the balance sheet: First, Antwerp Diamond Bank announced it was shutting its doors, after owner KBC spent four frustrating, fruitless years trying to find a suitable buyer.
A watch from Apple could lift the bunch
I think I should begin this blog with a bit of an apology: We, like so many others, predicted incorrectly.
Antwerp Diamond Bank to shut down
Brussels – Yet another bank seems set to exit the jewelry industry, as KBC said Friday that the sale of the Antwerp Diamond Bank to Yinren Group has fallen through and it will, according to its agreement with the European Commission, wind down the bank’s activities.
How can we maintain consistent diamond grading standards?
In response to my blog post last week, Don Palmieri, president of the Gem Certification & Assurance Lab (GCAL) wrote in with his view on how to solve the problem of variable lab standards:
Modest proposal: we need a new diamond grading scale
With the continued concern about different lab standards, maybe it’s time to look at the bigger picture.
What should we call, um, THOSE diamonds?
Harry Levy, president of the London Diamond Bourse and numerous other groups, writes in with the following comments on my post from last week (on July,24) on whether lab-grown diamonds are real diamonds:
Shkadov: stay optimistic despite difficult problems
The difficulties of acquiring a regular supply of rough diamonds and credit from the banks, shrinking margins and the lack of global generic marketing, these are some of the issues addressed by International Diamond Manufacturers Association (IDMA) President Maxim Shkadov in this interview.