GIA extends diamond report certification service
Gemological Institute of America (GIA) has announced the extension of its diamond confirmation service until March 31.
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To stop bad behavior display a virtuous quote
The research: Sreedhari Desai, an assistant professor of organizational behavior at UNC’s Kenan-Flagler Business School, ran a series of studies in which subjects believed they were part of a virtual team playing a game.
De Beers looks to bring clarity to diamond market
De Beers is to break with decades of secrecy over the state of the diamond trade as it prepares to divulge details of sales for the first time.
De Beers rough diamond sales for cycle 1, 2016
Press Release – The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the first sales cycle of 2016.
Fine jewelry sales up, rough prices down, optimism ensues (unjustly)
Fine jewelry sales in the US posted a rise in November, and there are signs that December was alright too. In the last couple of weeks of December, Mumbai diamond traders had a sudden rise in sales, both from the US and China, leading to a burst of optimism that drove demand for Sight goods.
World Diamond Congress in Dubai to focus on transparency, responsibility
The World Federation of Diamond Bourses (WFDB) will hold its 37th World Diamond Congress in Dubai from May 16 to 19, placing transparency, responsibility and sustainability at the heart of the summit’s agenda.
Philippe Mellier : encouraging early signs but 2016 is likely to be volatile
Press release – De Beers Group Chief Executive sets out approach for 2016, including commitment to continue category marketing.
Tiffany announces $500M stock-buyback program
Tiffany & Co.’s board of directors has approved a new stock buyback program under which the jewelry retailer can repurchase up to $500 million of the company’s common stock.
De Beers to offer rough diamond tender at Mumbai IDTC
In a change to its usual practice, De Beers, through its online auction subsidiary Diamdel, will offer small and medium Indian diamantaires an opportunity to participate at a rough tender, according to The Times of India.
Barclays Bank Botswana signs $125 million credit guarantee agreement
The US government has finalized a deal to guarantee loans to Botswana’s diamond manufacturers through a $125 million credit agreement between Barclays Bank Botswana and the Overseas Private Investment Corporation (OPIC), according to a report by Chaim Even-Zohar in the latest edition of Diamond Intelligence Briefs.
Tiffany highlights artisans in ad campaign for 130 years of iconic ring
Tiffany & Co. is focusing on the artisans behind its classic diamond engagement ring in a year-long advertising campaign to mark the 130th anniversary of the iconic jewelry piece.
The diamond paradox
The diamond paradox: big stones sell for millions while traders struggle to make a living. There’s a funny paradox in the modern-day diamond industry.