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The countries that are leading in the global diamond production, cutting&polishing and trading are widely viewed as the world diamond centres. Diamond mining countries, cutting&polishing centres and rough and polished diamond trade hubs are among them.
GIA will open a new laboratory in Surat, India, and expand its long-term presence in Antwerp, Belgium, in the second quarter of 2018 to meet the needs of the global gem and jewelry industry.
1 / Generation Next We’re living in a millennial world. But how long until the following generation takes hold? America’s newest demographic, Gen Z, comes with its own set of peculiarities—and challenges.
The European Union will take over chairmanship of the Kimberley Process in 2018, according to the diamond certification scheme’s final 2017 communiqué, which was issued following its year-end Plenary in Brisbane, Australia.
In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping channels in favor of e-commerce platforms.
Alrosa is considering implementing blockchain or other technology ideas for its rough and polished stones to address challenges with conflict diamonds and undisclosed synthetics, the miner told Rapaport News.
The issue of man-made, lab-grown, or synthetic diamonds is continuing to gather pace. Production capacity is continuously expanding, the volume of such stones is growing every year – and is now estimated at 2-3 percent of global output with several million carats being sold – and the quality and size of the stones is rising.
A who’s who of the appointments and disappointments in the industry this year. The past year has seen a number of changes in management-level employees within the diamond industry. Here’s a breakdown of the new faces and departures for 2017
Christie’s and Sotheby’s saw combined jewelry sales of more than $1 billion this year as major pieces smashed auction records.
Sixty-four percent of consumers who bought jewelry visited a jewelry store to speak to someone during the purchase process, according to Jewelers of America‘s new Fine Jewelry Industry Consumer and Retail Market Study.
Bain & Company’s seventh annual Global Diamond Report finds rough diamond players are likely to increase their marketing spend by about 50 percent over previous years to promote the diamond story.
The Antwerp World Diamond Centre (AWDC), representing the largest diamond trade hub worldwide, and diamond mining company De Beers today announced they are discussing a potential collaboration in De Beers’ recently announced blockchain platform.