De Beers profits soar 33 percent
De Beers announced its profits soared more than 33 percent over the past year — a number that may rankle its customers who complain they are losing money on their sight boxes.
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Committing to Valentine’s Day
Valentine’s Day exposes both the weaknesses and strengths of the diamond and jewelry market. For a product so driven by the idea of commitment and relationships, the holiday should be a coup for the industry, a second Christmas if you like.
De Beers profit and revenue soar in 2014
De Beers underlying earnings jumped 74 percent year on year to $923 million in 2014, according to Anglo American’s share in the diamond company, as growth was driven by higher rough diamond prices and lower operating costs.
Profits drop, smartwatch on horizon for Swatch
Biel/Bienne, Switzerland– Swatch Group reported Thursday that its profits declined sharply in 2014, amid moves it is making to combat the strong Swiss franc and launch a competitor to Apple Watch.
Edahn Golan’s interview – part 2 : the old days are gone, a new way of doing business is here
As promised, here is the second part of our little chat with Edahn Golan. So Today’s Specials are: lab-grown diamonds, marketing, transparency and dialogue with consumers. Hope you’ll like it as much as we indulged ourselves.
How to prepare for the consumers of 2020
Tucson, Ariz.–In five years, more than one-fourth of the population will be between the ages of 20 and 34, half of them will be women, and a growing number will be multi-racial or multi-cultural.
Alrosa and Israel sign rough diamond supply MoU
Russian diamond miner Alrosa has signed a memorandum of understanding (MoU) to supply the Israel diamond industry with rough diamonds.
Stable rough diamond production
Rough diamond production was basically flat in 2014 and is projected to remain at similar levels this year. While De Beers is expected to maintain steady production, increases by ALROSA will likely compensate for declines at other companies.
Rough report: goods remain on the table at Alrosa and DTC sights
The Alrosa Sight marked the beginning of the new contract period and included several new Sightholders.
Fiona Solomon: India and Asia are in the focus of RJC
Solomon Fiona (Fiona Solomon), Director of Standards Development at the Responsible Jewellery Council (RJC) gave an exclusive interview to Rough&Polished and told about the main activities of this organization and its achievements in the past year and prospects for 2015.
Rough prices: what is the outlook for 2015?
As 2015 gets underway, all eyes are turned to the gem producers. After an extraordinary and difficult year in 2014 for all the players in the industry, except for rough suppliers, everyone is hoping for great things from 2015. So, will rough prices fall in 2015?
Alrosa’s former president dies at the age of 48
Moscow – Fyodor Andreev, who was president of Alrosa from 2009 until he left this past fall for medical reasons, died Friday. He was 48.