De Beers raises prices yet again
De Beers has lifted rough-diamond prices for the fifth time in eight months as the market continues to surge.
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Alrosa hikes prices in hot rough market
Alrosa lifted prices at its latest monthly contract sale as the rough market continued to see strong demand and limited supply.
ALROSA reports its June 2021 diamond sales results
Press release – ALROSA reports preliminary rough and polished sales results for June 2021.
De Beers Group rough diamond sales for Cycle 5, 2021
Press release – De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the fifth sales cycle of 2021.
Lucara gets $31 million in new funding
A few days after Lucara Diamond discovered yet another 1,000-plus ct. diamond at its Karowe mine (pictured) in Botswana, the company announced it has received 38 million Canadian dollars (about $30.9 million) in new funding.
Where Victoria’s Secret’s rebranding goes wrong
From exclusionary marketing to a lack of eco-friendly options, here’s why the company’s new transformation plan misses the mark.
Baselworld is returning in 2022
Now, it will cater to mid-range luxury brands.
Are we heading towards a diamond price bubble?
Polished diamond prices are on a near year-long rally, rising more than 18% since last July when they hit a record low.
How Petra Diamonds ended up in a human rights mess
Hans Merket, a researcher with the International Peace Information Service (IPIS), says he didn’t go into Tanzania expecting to learn about people getting hurt and killed. His group simply wanted to measure how mines were viewed by surrounding communities.
With continuing resistance to reforming of Kimberley Process, WDC President warns of marketplace with two diamond value chains
Press release – “In the not-too-distant future, there will be a difference between rough diamonds that can be guaranteed to have fulfilled the consumers’ demands and expectations, and other diamonds,” said Edward Asscher, President of the World Diamond Council (WDC), speaking today during the closing session of the 2021 Intersessional Meeting of the Kimberley Process […]
Toward a fair and sustainable diamond supply pipeline
According to reports coming out of the American wholesale and retail market, goods have been flying off the shelves in recent months. The reports were corroborated by Bain & Co., which in May updated its earlier predictions about the diamond and diamond jewelry market recovery with a much more optimistic scenario: the market is already […]
WDC President’s address to opening session of 2021 KP intersessional meeting
Press release – With consumers demanding greater accountability and sustainability, the Kimberley Process must not be left behind, WDC President declares.
