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All last year, the entire diamond industry was riveted to the scandal in the Kimberley Process (KP) – someone feeling indignation, some being puzzled, and some openly sympathizing. It was the first time in the history of the KP that it was declared a boycott by non-governmental organizations (NGOs) within the Civil Society Coalition (CSC).
The diamond trade remains under pressure, and further contraction of the market is expected this year. Apart from being squeezed by high rough costs and declining polished prices, dealers lament there are too many players chasing the same orders.
DPA to run ads during Academy Award Ceremony. Amid the glitz and glamor of the Oscar red carpet, diamonds will also grace our screens during ad breaks
Press release – At the Diamond Empowerment Fund’s annual board meeting held last month, Anna Martin was elected President of the D.E.F. Board of Directors. Martin is Senior Vice President Global Development and Beneficiation for Gemological Institute of America (GIA).
I’d like to start out this blog post by saying that the following is not meant to be a movie review because I am not a movie reviewer. I don’t have any experience in the genre and don’t fancy myself an expert on acting, directing, cinematography or costumes.
ALROSA is planning to launch marketing programs promoting Russian-mined diamonds, chief executive officer Andrey Zharkov said Monday.
Jewelry orders improved at this week’s Signature India International Jewellery Show (IIJS), following a government demonetization program that had frozen activity since November.
Press release – The WFDB will be creating a financial taskforce to follow up on the finance seminar held during the 2017 Presidents Meeting
Luxury group Kering reported a 2-percent rise in jewelry sales for 2016, attributing growth in its mid- and lower-range products.
The National Retail Federation has predicted that retail sales will increase between 3.7 percent and 4.2 percent in 2017.
Rolex is the No. 1 brand in the industry, at least according to Brand Finance’s annual list of the world’s most valuable brands.
The Diamond Producers Association (DPA) plans to audit synthetics detectors to help the industry navigate its way around the broad choice of machines available on the market.