De Beers rough diamond sales for Cycle 7, 2019
Press release – us$280 million (provisional)
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Stephen Lussier : “We have a lot of potential as an industry if we all reinforce the message and work together”
Contrary to what is still, sadly, often said to the detriment of the diamond industry, it actually has a positive impact on diamond producing countries and local populations. De Beers, whose research and involvement puts in pole position in this area
Let’s set our sights on the auctions
It’s time to break the rough supply cycle.
First batch of sustainable Salmon Gold enters supply chains of Tiffany & Co. and Apple
One hundred and twenty years after the first miners began panning for gold in the Yukon River, RESOLVE, a solutions-focused NGO, announced the launch of Salmon Gold, an innovative approach to sourcing gold responsibly and restoring fish habitats in Alaska, the Yukon Territory, and British Columbia, with its partners, Tiffany & Co. and Apple.
Alrosa’s ‘Spirit of the Rose’ could sell for $60M+
It is a diamond that will hold records in Russia for a long time.
Tiffany sales fall as tourist spending slows
Sales at Tiffany slipped in the second quarter, as purchases by foreign tourists decreased in the Americas and Asia Pacific.
De Beers sales sink to lowest level since 2015
De Beers’ rough-diamond sales plummeted 53% this month as customers accepted the miner’s offer to defer purchases until the market improves.
Tiffany launching new men’s jewelry, accessories this fall
Tiffany & Co. will release a slew of men’s products under the new moniker—wait for it—“Tiffany Men’s.”
De Beers rough diamond sales for Cycle 6, 2019
Press release – US$250 Million (Provisional)
Is the diamond industry really in a crisis?
Diamond industry conditions have recently been described as a “crisis.” In some segments of the industry anecdotes of “no business” have surfaced as well as “no demand” for certain categories of diamonds.
ALROSA reclaims over 4 mln sq m of industrial lands
Press release – Over the past 13 years, ALROSA has allocated more than 950 million rubles (about $15 million) for the implementation of a program to reclaim, eliminate dusting facilities, and recreate a comfortable environment in the areas where the company operates.
Matters of import: how tariffs could affect the trade
US retailers will feel the impact of levies on Chinese products. Those that innovate and diversify will have an advantage.