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.
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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.
Mellier confident Anglo American committed to keeping De Beers
De Beers CEO Philippe Mellier says he is fully confident that parent company Anglo American has no plans to sell the veteran diamond producer.
Interview with Dominion Diamond CEO Bob Gannicott
Dominion Diamond Corp. has been in the news quite a bit lately with its sale of Harry Winston and purchase of the Ekati mine.
Grading the graders
No two diamonds are alike and it seems neither are their grading certificates. A survey by RapNet – the Rapaport Diamond Trading Network, found significant differences between laboratories grading the same diamond.
Market insight: De Beers Group
Las Vegas-According to De Beers Group and its CEO Philippe Mellier, the future of diamonds lies in diamond brands, particularly those with a traceable, and clean, history.
Diamond grading labsusing different standards, survey finds
After sending 10 different diamonds to grading labs in the United States and abroad, a Rapaport survey found opinions that differed by as much as three color grades.
Labs grade diamonds, but who grades the labs?
JCK sent a single diamond to a quartet of industry labs to gauge their consistency (or lack thereof).
How diamonds became forever
Frances Gerety wrote “A Diamond Is Forever” for an advertising campaign for De Beers in 1947, and wrote all of the company’s ads for 25 years.