Russia outshines Botswana as world’s top diamond producer in 2014
Global diamond output grew 4 percent in value last year to $14.5 billion as the average price per carat jumped 8 percent to $116.17
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Op-Ed: insanity of the diamond industry
Veteran Philadelphia, Pennsylvania jeweler Neil Reiff last month published the following commentary on LinkedIn. With “Insanity of the Diamond Industry”*, the president of N.D. Reiff Company Ltd. raises a number of compelling concerns and questions for our industry. The article is reposted here with Reiff’s permission.
GIA to open diamond synthesis center
Speaking at the International Diamond Week in Ramat Gan, Tom Moses, GIA executive vice president, announced that the lab is planning to open a diamond synthesis facility in New Jersey.
De Beers announces holiday ad campaign
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.
Has De Beers unveiled deep KP mistake? Russia & Dubai on the rise
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 releases first images of 336 carat diamond
Lucara Diamond Corp. has released the first images of the Type IIa 336 ct. diamond it uncovered in mid-August.
Blue diamonds drive color Iindex higher in 2Q
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 price cuts could top 10% at sight
De Beers reduced prices at this week’s sight by as much as 10.7 percent on some goods, Rapaport has been told.
DDI to hold artisanal mining conference in DRC
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.
Surat diamond industry virtually closed as workers rally in Ahmedabad
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.
Is diamond demand determined in Beijing and Washington?
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.
Bleu de Jodhpur, the new high jewelry collection from Boucheron shines out
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.