Diamond hallmarking seeks to make its mark
Hallmarking, long used in precious metals, is being promoted as a means to differentiate diamond production as plans for industry-wide chain of custody standards are on hold.
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Tackling debts & fears in today’s diamond market
The closure of an Indian manufacturer and the large debts it left behind is probably the most important news of this week, followed by the trade show in Hong Kong.
HRD Antwerp identifies ‘natural’ shaped lab-grown diamonds
HRD Antwerp has added a report to its website about its discovery of (near-) colorless lab-grown diamonds featuring octahedral and other “natural” shapes.
Kering names Poulit-Duquesne as Boucheron’s CEO
The Kering Group appointed Hélène Poulit-Duquesne as the CEO of Boucheron, with an effective date of September 28. She will report to Albert Bensoussan, the CEO of Kering’s luxury, watches and jewelry division.
Sightholders can defer 25% of De Beers July supply
De Beers will allow sightholders to defer as much as 25 percent of their supply at next week’s sight as rough diamond sales continue to slide.
The trade targets Rapaport – again
At the latest President’s Meeting in Tel Aviv, Israel, the trade once again cast a weary eye toward Martin Rapaport’s price list and the outsize influence it commands.
The diamond austerity
The diamond industry keeps facing hardships that call for a serious bailout plan, and diamond mining companies are starting to respond to the crisis with measures that will provide relief, albeit temporary.
Cayman Islands diamond exchange idea mooted
It’s already a major offshore financial center, but the Cayman Islands could also become home to an important diamond exchange, according to World Federation of Diamond Bourses president Ernie Blom.
Rio Tinto’s ‘Diamonds With a Story’ portal ppens
Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends.
Diamond prices soften in June
Diamond prices continued their decline last month as markets were relatively quiet due to weak post-JCK Las Vegas demand in the United States, the Rapaport Group said in its monthly price report. In June, the RapNet Diamond Index (RAPI) for 1-carat lab-graded diamonds fell 1 percent,
Philippe Galtié appointed senior Vice President – International of Tiffany & Co.
Tiffany & Co. has named Philippe Galtié as senior vice president – International, with effect from August 17. Most recently, Galtié held the post of Cartier’s International Retail Director.
Main miners from the Diamond Producers’ Association – Focus on De Beers
The recent creation of the DPA (Diamond Producers Association) by the 7 biggest diamond producers has been warmly welcomed by the industry. These producers, who represent nearly 70% of global production, have invested an initial budget of €6 million