The R&M “Lettre”

London – The Responsible Jewellery Council recently elected Wilfried Hoerner of Argor Heraeus SA as its new chairman of the board during its annual general meeting.

It is the most expensive fancy intense blue diamond ever sold at auction. The 24.18 ct. Cullinan Dream sold for $25.4 million at the Christie’s June 9 auction in New York.

Several civil society coalition groups have released a statement, which asserts that the global diamond industry is still tainted by human rights abuses and conflict finance.

One of the industry’s largest lenders, with a reported $2 billion portfolio, is exiting the sector.

Several events at JCK Las Vegas explored millennial marketing. Marketing to the huge but often confounding millennial generation was a main topic at this year’s JCK show.

While clearly better than last year’s show, the recent JCK Las Vegas trade show proved that the fine jewelry industry is still far from being out of the cold.

In 2015, 127.4 million carats of diamonds were mined around the world, a 2.1% increase compared to 2014, according to just released Kimberley Process figures.

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.

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, 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.

Stephen Lussier discusses his worries about lab-grown diamonds.

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.