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A few months back EGL International sent out a release with the following, quite controversial assertion: “At this point in time there is no single, international standard for diamond grading that has national or international status or acceptance.”
On the Indian diamond Industry’s persistent request, the Government of India is planning to set up a special zone with tax benefits for diamond import and a trading hub.
Q&A with Avraham (Bumi) Traub, Honorary President of the Israel Diamond Manufacturers Association and founder of A.B.T. Diamonds Lt.
De Beers November sight closed with an estimated value of $550 million. Minor adjustments to prices and assortments were reported in different categories.
Diamond giant De Beers’ share of the rough diamond market has fallen substantially from its peak of over 80 percent in the 1980s, but the company still has a bit of a shady reputation.
In a thunderous new editorial, Rapaport Group chairman Martin Rapaport called the overgrading of diamonds by certain labs a “significant threat”
One of the biggest deficiencies in our industry is the lack of authoritative stats. So I thought I would kick off a series of posts trying to find out the latest accurate information on our industry.
London – In a lengthy presentation Monday, De Beers executives gave Anglo American PLC investors an overview of its diamond business
Gemological Institute of America’s lab has begun an investigation and suspended its diamond sealing service after it spotted a sealed diamond the report of which didn’t match the stone.
The Sight was estimated to be in the region of $560m and included a range of Ex Plan allocations.
The analyst presentation that De Beers published this week on behalf of Anglo American was as revealing as the company’s much publicized Diamond Insight Report.
Ever since the industry divided over Marange’s readmittance to the Kimberley Process in 2010 and 2011—and has stayed split since then—it’s become standard to take shots at the World Diamond Council.