Mining companies to create diamond producers association
Initiates $6M budget to engage in diamond research, marketing activity The major diamond mining companies have agreed to form an organization
The R&M “Lettre”
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.
Welcome to the new www.rubel-menasche.com website!
Today marks the launch of the new version of the Rubel & Ménasché website. It is modern, easy to read and full of energy. Like the company, it is constantly evolving and improving.
What is the price of a diamond?
Not too long ago, I posted a question on Twitter, asking people what they thought was the average price per carat of diamonds. Specifically, I wondered how much, in informed people’s opinion, was the average wholesale price per carat of polished diamonds.
Euro MPs vote to ban conflict minerals
In a surprise decision, the European Parliament voted yesterday (Wednesday) to ensure that as with diamonds and other precious stones, European Union (EU) importers
De Beers selling historic Kimberley mine
De Beers is selling the Kimberley mine, the century-old South African deposit that was one of the original building blocks of its empire.
Sight okay, retail not at all
If you are trying to see the half-full part of the glass, you’ll hear the voices that say that “De Beers finally got the message and lowered prices.”
GIA recalls hundreds of diamonds
Carlsbad, California – The Gemological Institute of America has cut off four clients traced to hundreds of diamonds submitted with an undisclosed treatment
De Beers acquires equity stake in Synova
De Beers announced that it has acquired a 33.4-percent equity stake in Synova SA, a laser cutting system provider.
Diamond Empowerment Fund supports DDI’s mobile school program
Press Release – The Diamond Empowerment Fund (D.E.F.) announced its support of a mobile school for youth in the Kankala mining community of the Kasaï Occidentale province in the Democratic Republic of the Congo (DRC).
De Beers May sight estimated at $470M
The De Beers May sight closed with an estimated value of $470 million as the mining company reduced its rough diamond prices by an average of 3 percent.
Who’s buying the rough?
Much has been said about unsustainable rough diamond prices in the past year. The lack of profitability in the diamond manufacturing sector has caused manufacturers to significantly scale down their operations and rough purchases in the past six months.
De Beers lowers prices as CEO changes tone
De Beers cut prices some 2–3 percent at its latest allocation in Botswana, sources say, as attendees noted a more conciliatory tone from the company CEO.