De Beers 2018 Sight dates
The Sight dates for 2018 are confirmed as follows:
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Is Bitcoin good for diamonds?
While some see opportunity, others question its stability.
Alrosa moving to annual rough allocations
Alrosa will start assessing its clients’ rough-diamond needs annually rather than every three years, beginning in its next contract period — a move that will give the Russian miner more opportunity to match supply with demand.
IDE elects Yoram Dvash to serve as President for second term
Israel Diamond Exchange (IDE) President Yoram Dvash was re-elected earlier this week for a second term of three years at a General Assembly of bourse members, the IDE said in a statement.
Holiday season outlook upbeat as shoppers say they will increase Spending
Following the annual Bain & Company report last week on global luxury sales which indicated that sales have increased
China and India, the next fastest growing diamond jewellery markets
When the Diamond Producers’ Association(DPA) upped their budget to $60 mn recently for generic promotion of diamonds and diamond jewellery, confidence seemed to return to the global diamond industry.
Planned 5% VAT on loose diamonds continues to creates waves in India and UAE
A proposed new 5% value added tax (VAT) on loose rough and polished diamonds in the United Arab Emirates (UAE) due to start being imposed next January has created huge waves both in the UAE and in India which imports and exports from Dubai.
Selling for $17.8M, Paul Newman’s Rolex sets record
The Rolex Daytona that once belonged to Paul Newman sold for $17.8 million Thursday evening, becoming the most expensive wristwatch ever sold at auction.
Labs launch credit card-sized grading reports
HRD Antwerp and the International Gemological Institute (IGI) have both released credit card-sized diamond reports, aiming to make grading more efficient for traders.
ALROSA’s Vinikhin visits Israel to display Dynasty collection
Pavel Vinikhin, Director of DIAMONDS ALROSA, the company’s polishing branch, visited Israel on Thursday and sat down with IDEX to discuss the purpose of his visit.
Analysis: the state of the diamond industry
New York–Although there is no way of knowing how many undisclosed lab-grown diamonds are circulating, analyst Chaim Even-Zohar estimates approximately $750 million worth of gem-quality man-made diamonds entered the supply chain in 2016.
ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand
ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division.