Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
London – Aiming to create a sense of urgency and demand around buying diamond jewelry gifts for the holiday season, De Beers is introducing a marketing campaign that will use simple taglines and diamond jewelry imagery specifically targeted at men.
The return from the summer break has been anything but smooth. While the focus has been on the Sights, there are other issues, such as long-term trends, that are becoming clearer as we dive deeper into the current crisis.
Lucara Diamond Corp. has released the first images of the Type IIa 336 ct. diamond it uncovered in mid-August.
The Fancy Color Diamond Index (FCDI™) rose in the second quarter, driven mainly by the blue-diamond categories, according to the Fancy Color Research Foundation.
De Beers reduced prices at this week’s sight by as much as 10.7 percent on some goods, Rapaport has been told.
The Diamond Development Initiative (DDI) is to hold a conference on the subject of the importance of formalizing artisanal miners in the Democratic Republic of Congo.
The Surat diamond sector is virtually closed today with workers instead attending a rally in Ahmedabad to demand better education and jobs for members of the Patidar (a caste found primarily in Gujarat) community.
Don’t be surprised if diamantaires are suddenly talking about Zhou Xiaochuan and Janet Yellen. The actions of the two – who respectively lead the People’s Bank of China and the U.S. Federal Reserve – may put additional pressure on diamond demand and ultimately polished prices.
Drawing its inspiration from the iridescent blue and the light in which the Indian city basks, the Jodhpur necklace, the key piece from the Bleu de Jodhpur collection, from Maison Boucheron, oscillates between innovation, exuberance and transparent effects.
In an unprecedented move and a sign of the diamond industry’s deepening crisis, De Beers is letting sightholders put off buying up to 75 percent of their allocations at its August sight.
I used to love bashing De Beers, and if you read through the archive of the many articles I have written in the past, you will see that I did so with fervor.
From retailers in Middle America to jewelry manufacturers in India, from polishers in Israel to rough traders in Antwerp and miners in Africa – the global diamond industry seems tired, pessimistic and gloomy.