Undisclosed and still unpunished, part II
I’ve been reading all the reports this week about the next trade “crisis,” the apparently large volumes of undisclosed synthetic melee being mixed in with batches of natural diamonds.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Wanted: a synthetic melee detector
Given recent reports that synthetic melee is being sold undetected, the question is: How should the industry handle this?
The colored diamond boom
Fancy colored diamond prices are showing significant gains in 2013 while other goods struggle along.
What sightholders really think about De Beers’ move to Botswana
October marked “the end of an era” at De Beers, as it closed the book on 80 years of holding its sights in London. And now, we turn the page to a new era: November brings the first allocation held at De Beers’ new sorting center in Gaborone, Botswana.
Marketing to Beavis and Butthead
They aren’t the largest or wealthiest age group. They don’t lust for luxury and are immune to slick ads. But Gen Xers are wired to family and peers, making their influence hard to ignore.
The World Diamond Mark
The World Diamond Mark (WDM) program introduced at the 35th World Diamond Congress in Mumbai was to start in July 2013.
Demand for diamond jewellery up despite macro-economic worries – De Beers
De Beers said that demand for diamond jewellery showed a moderate growth in the key markets of the US and China during the first half of the year despite some macro-economic concerns.
De Beers sales flat in 1H
De Beers rough diamond sales were flat at $3 billion during the first half of 2013 after prices rose 6 percent, Anglo American reported.
Doing for others is still the best way to reach Millennials
Merrick, NY—Despite being branded as “entitled” from a collectively coddled upbringing, Millennials are far more likely to be community minded and concerned with the welfare of others than their Boomer parents or Gen-X predecessors.
Diamond-cutting and -polishing industry in distress
The South African diamond-cutting and -polishing industry is in distress, states World Federation of Diamond Bourses president Ernie Blom, pointing out that, 20 years ago, the industry had 4 500 polishers – currently, there are fewer than 600.
Index ranks diamond, gold-mining nations
New York – The Revenue Watch Institute, a New York-based nonprofit that promotes the transparent and accountable management of natural resources, recently released its 2013 Resource Governance Index, a ranking that includes a number of nations that mine gold and diamonds.
Tiffany leads purchases for ultra-wealthy women
Forget Breakfast at Tiffany’s, ultra-wealthy women are ordering lunch, dinner and a midnight snack at the luxury jeweler.