Gem Diamonds unearths 101ct. and 71ct. diamonds
Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.
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De Beers rough diamond sales Cycle 10, 2018
Press release – Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”
Pink synthetic displays rare treatment, lab says
A pink diamond recently submitted to the Central Gem Laboratory (CGL) in Tokyo was found to be a chemical vapor deposition (CVD) synthetic stone, treated only with Low Pressure-High Temperature (LPHT).
India strengthens position in diamond cutting
India increased its dominance in cutting and polishing last year due to relatively low costs that gave it a competitive advantage over China, according to Bain & Company.
Tiffany scores with wealthier immigrants
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing.
De Beers raises production outlook
De Beers has increased its production forecasts for 2018 and the coming years, as the miner anticipates solid consumer demand.
Those warranties on diamond invoices are changing
Ever since 2003, after the Kimberley Process (KP) went live, World Diamond Council (WDC) has required that all natural diamonds have the following wording stamped on their invoice:
ALROSA recognized as one of the leaders in corporate charity financing
ALROSA was recognized as one of the leaders in financing charitable activities among Russian and international companies, based on the results of the “Corporate Charity Leaders” annual competition
Lab-grown diamond production Rises, but Prices Fall
Production of lab-grown diamonds has risen dramatically and will continue to do so, though their prices will likely continue to fall, said a new report from Bain & Co.
Van Cleef and Cartier Are The RealReal’s Top Resale Jewelry Brands
Pre-owned luxury retailer The RealReal recently released its annual Holiday Resale Report, which details the brands that best held their original retail value (and therefore may be the best investments) on the site over the previous year.
Canada’s NWT lifts polishers’ export ban
Canada’s Northwest Territories (NWT) has abolished its ban on diamond manufacturers sending rough to other locations for processing, potentially enabling significant cost savings for the industry.
ALROSA November sales of rough and polished diamonds reached $274.0 million
Press release – ALROSA, the world leader in diamond production, announces diamond sales results for November and eleven months of 2018.