Lucapa unearths 117ct. rough at Lulo Mine
Lucapa Diamond Company has recovered a 117-carat, gem-quality diamond from its Lulo alluvial mine in Angola.
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Rio Tinto lowers outlook as Argyle closure looms
Rio Tinto expects a decline in diamond production in 2020 as it reduces output at its Argyle mine in Australia, which is set to close in the fourth quarter.
KP again can’t agree on ‘conflict,’ eases restrictions on CAR
The Kimberley Process wrapped up a three-year reform cycle unable to reach an agreement on expanding the definition of what constitutes a “conflict” diamond, an issue it has been debating for nearly a decade.
Graff buys 20.7ct Firebird vivid yellow diamond from ALROSA
Press release – Graff Diamonds, the world-renowned hi-end jewelry brand, has acquired the Firebird 20.7 ct diamond from ALROSA. The parties do not disclose the transaction details, but note that it achieved one of the highest prices per carat for such a stones in recent years.
Diamond prices stable after year of declines
1 ct. RapNet Diamond Index -5.3% in 2019.
How to talk (correctly!) about lab-grown diamonds
When it comes to lab-grown diamonds, you don’t want to get too creative with language. Here’s a refresher on the lingo (and legalities).
2019: a year of mixed fortunes for a diamond industry that is heading for a steadier future
Significant changes have been deeply rooted in the diamond industry over the past ten years. The industry that we see now, in early 2020, is in step with a calmer future, which is progressively and more precisely taking shape.
This is how a confusing diamond decade played out
Because the diamond industry is one of slow-paced, moderate changes, it’s worth examining these over a decade of activity. What’s happened between the time the industry clawed its way out of the Lehman Brothers crises to the current deep slump? Considering the many conflicting changes, it was a confusing diamond decade.
De Beers issues synthetics guidelines
De Beers has provided its rough-diamond clients and Forevermark partners with guidelines on how to operate in the lab-grown market if they wish to continue tapping into its branding.
How to sell to female self-purchasers
Women who buy their own jewelry are a rapidly growing market, but retailers need to retool their approach if they want to attract these customers.
The diamond market will recover, though not yet, report says
The diamond market will likely overcome its current challenges by 2021, but until then it will weather another bumpy year or two, according to the annual report on the diamond industry prepared by Bain & Co. and Antwerp World Diamond Centre.
Sotheby’s reflects on 10 years of records
The past decade might be known for superheroes, Netflix and memes, but for Sotheby’s it was all about record-breaking jewels, as worldwide sales for the division totaled more than $4.7 billion.