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De Beers’ grading lab—formerly known by the unwieldy name, the International Institute of Diamond Grading & Research (IIDGR)—has been rechristened De Beers Group Industry Services, spokesman David Johnson tells JCK.
The Israel Diamond Exchange (IDE) has launched a new campaign to promote natural diamonds with a series of videos that will be posted to social media.
Today, e-tailer Net-a-Porter is launching EIP Privé, an invitation-only site that will offer high-end jewelry and watch brands.
A delegation from Jewelers of America (JA) has met with US lawmakers and congressional staff to discuss trade and tax concerns affecting its members.
As the who’s who in the glitzy world of high-value diamond auctions gathered in Geneva in May, there was an understated tone to this year’s pilgrimage to the Swiss city.
MarketWatch.com reported that “China is unlikely to surpass the U.S. in retail sales this year as previously expected thanks to the damaging effect of the current trade conflict between the two powers, but that milestone is likely to happen in 2021.“
It’s become clear: Consumers want firm guarantees that their diamonds are not associated with bad things. So do governments. And the industry is—perhaps belatedly—stepping up its efforts to offer that. Transparency and tracking have suddenly become “in.”
De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
Following the United States’ decision – by means of a decree by President Donald Trump- to withdraw benefits under the Generalised System of Preference (GSP), the price of polished diamonds exported by India to the US will increase with seven to eight percent, according to rating agency CRISIL.
Christie’s sale of historic Indian jewelry and art was expected to be big, and it did not disappoint.
Are we on the verge of the gold rush—the sequel?
The wider diamond world is engaging with the small-scale mining sector and taking steps to encourage better standards.