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.
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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.
Changes at Tiffany’s
It was fitting that Monday’s story about the retirement of Tiffany & Co. CEO Mike Kowalskiran directly ahead of my latest piece about the Pebble Mine in Alaska, the proposed open-pit copper and gold mine that would sit at the headwaters of the pristine eco-system that surrounds beautiful Bristol Bay.
Core issues at heart of World Diamond Congress talks, say Blom, Shkadov
The 36th World Diamond Congress concluded in Antwerp today (Wednesday the 18), with representatives of 30 bourses affiliated to the World Federation of Diamond Bourses (WFDB) and 15 members of the International Diamond Manufacturers Association (IDMA) heading home.