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The Initiative for Responsible Mining Assurance (IRMA) has released a second draft of the “first-ever” global standards for mine sites, aiming to emulate programs introduced by other sectors such as agriculture and fisheries.
Trading on the world diamond market is slowing down after a very successful first quarter. However, this slowdown is not a reason for pessimism.
Demand for personal luxury goods in the U.S. and China is set for resurgence next year, lifting growth in the $285 billion (EUR 250 billion) market that hit a trough in 2016, according to a Reuters report that cited Bain & Co.
New York–Steady dealer trading helped polished diamond prices to remain stable in March, even as the outlook for global consumer demand remains “uncertain,”
From the United States to Europe and Asia, growing numbers of women are deciding that they are not going to wait to receive jewelry from partners and husbands and are increasingly buying their own jewelry.
Since it launched in 2003, there has been one essential question facing the Kimberley Process (KP): Does it work?
Israel Diamond Exchange president Yoram Dvash has called for banks and other financial institutions to increase credit lines to help finance the global diamond industry.
The 10.1 ct. internally flawless fancy vivid blue was nearly stolen in a famed failed heist.
In a bid to ease operational difficulties faced by importers, the Reserve Bank of India (RBI) has permitted banks in the authorized dealer categories to be allowed to extend credit period beyond 180 days
At Baselworld, Thursday March 17, 2016, the RJC (Responsible Jewellery Council) held a conference under the title “No Stone Left Unturned“.
Carlsbad, Calif. – The Gemological Institute of America said it expects even more large lab-grown diamonds produced using the high-pressure, high-temperature (HPHT) method to enter the supply pipeline in the future.
Most of us have no concept what it would be like to be an Ultra High Net Worth Individual (UHNWI), but they are a critical segment of the luxury retail industry and women are beginning to flex their financial muscles.