ALROSA sells rough and polished diamonds worth USD 334.2 million in November
ALROSA Group, the world leader in diamond production, announces diamond sales results for November and eleven months of 2017.
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De Beers: fixed-price forward contracts moving to core business status
De Beers says its Auction Sales business is to transition Fixed-Price Forward Contracts to core business status, following the success of the pilot program that was launched in January 2017.
Jewelers’ and DPA advertising for Christmas: the videos put on a show!
The holiday season always means the launch of new adverts made by jewelers or generic promotional bodies, such as the DPA for our industry. Love and iconic pieces are always at the heart of the matter. Here is a small selection made by Rubel & Ménasché.
Millennials more likely to think engagement rings symbolize ownership
Millennials approve of the engagement ring tradition slightly less than past generations—and are more likely to think a ring symbolizes ownership.
Peace Diamond sells to Graff for $6.5 million
On Dec. 5, the much-touted Peace Diamond sold for $6.5 million via online auction, to a high-profile bidder but with a lower-than-expected price.
De Beers taps Blockchain for diamond tracking
De Beers is investing in blockchain technology that will enable the industry to trace a diamond’s entire transaction history.
AWDC and GJEPC collaborating on MyKYCBank Pp
The Antwerp World Diamond Centre (AWDC) and India’s Gems and Jewellery Export Promotion Council (GJEPC) are joining forces in rolling out an industry-wide Know-Your-Customer (KYC) exchange platform, MyKYCBank.
Erik Jens leaves ABN AMRO
Erik Jens, long considered the most powerful banker in the diamond industry, is leaving his post at ABN AMRO’s diamond desk.
DMCC confirms Ahmed Bin Sulayem to be chairman of Dubai Diamond Exchange
Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre (DMCC), is to take over as Chairman of the Dubai Diamond Exchange (DDE) after Peter Meeus steps down on January 31, the DMCC confirmed. Meeus will become DDE Honorary Chairman.
Affluent millennials favor Tiffany and Rolex, represent growing luxury market
Affluent millennials favor traditional luxury brands like Rolex and Tiffany, but also seem predisposed to high-end brands that engage in content marketing, a new survey by MVI Marketing found.
The Scoop on Meghan Markle’s Jewelry in Prince Harry engagement portraits
Actress Meghan Markle, the newly announced future British royal, wore two pretty pieces of jewelry in her first official portrait session with hubby-to-be Prince Harry of Wales, which was released today.
Pink diamonds shine at Alrosa polished auction
Alrosa garnered $1.2 million at its colored diamond auction in Israel this month, noting good demand for rare pink stones.