Sotheby’s finds 2 partners for 60-carat Pink Diamond
Geneva – Diacore and Mellen Inc. have formed a partnership with Sotheby’s to acquire an ownership interest in the 59.60-carat Pink Star diamond.
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Real is the new forever: DPA unveils campaign slogan
The Diamond Producers Association (DPA) has tapped millennials’ desire for authenticity in its campaign slogan unveiled at the JCK Las Vegas show on Friday.
ALROSA plans to keep rough prices unchanged
ALROSA, which reported strong sales and profit in the first quarter, expects to hold rough diamond prices steady for the rest of 2016 as the miner anticipates a stable year.
Forevermark CEO sounds off on synthetics, labs, and “A Diamond Is Forever”
Stephen Lussier discusses his worries about lab-grown diamonds.
Rio Tinto steps up focus on diamond origin
Rio Tinto said it plans to put transparency of a diamond’s origin at the heart of its sales and marketing strategy, as the provenance of gems comes under sharper focus among the trade and consumers.
Notes from Las Vegas…. P.S. Diamonds Do Good
Industry initiatives for responsible sourcing and supply chain integrity came under the spotlight at the JCK Las Vegas show on Thursday.
‘Aurora Green’ diamond sells for $16.8M at Christie’s
A 5.03-carat fancy vivid green diamond is the latest big hulking hunk of carbon to set an auction record.
WFDB launches Young Diamantaires programme at 37th World Diamond Congress
Press release – An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme.
De Beers CEO Mellier resigns, Bruce Cleaver takes over
Philippe Mellier, the former transportation executive who has led De Beers since 2011, is leaving the company as of July 1.
GIA to debut melee screening in June
The pilot program will be based at GIA’s lab in New York. The Gemological Institute of America (GIA) will debut the GIA Melee Analysis Service in June.
Tiffany’s Q1 comps drop 9% in a difficult quarter
New York – Tiffany & Co. had the difficult first quarter it expected, with sales dropping in almost every region and across all product categories.
Andrey Polyakov succeeds Edward Asscher as World Diamond Council president
The World Diamond Council (WDC) today announced that Mr. Andrey Polyakov has assumed the elected position of President of the WDC. Mr. Polyakov served as Vice President of the WDC since 2015 and now succeeds Mr. Edward Asscher whose two-year term as President concluded on May 22, 2016.