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Rough trading slows amid liquidity concerns. The De Beers August sight closed last week with an estimated value of $715 million as the company maintained steady prices despite liquidity concerns in the diamond manufacturing sector.
The Gemmological Association of Great Britain (Gem-A) is inviting attendees of this year’s International Jewellery London (IJL) to an event to celebrate the upcoming launch of its new Corporate Social Responsibility (CSR) course for jewelry professionals.
I feel as though I’ve written a fair number of “large rough unearthed” stories in recent months, so many, in fact, that I began to wonder: Has this been an unusually active year for finding rough diamonds that are 100 carats or larger?
The Diamond Development Initiative International (DDI International) is very pleased to announce a financial contribution to its work from Rubel & Ménasché.
The difficulties of acquiring a regular supply of rough diamonds and credit from the banks, shrinking margins and the lack of global generic marketing, these are some of the issues addressed by International Diamond Manufacturers Association (IDMA) President Maxim Shkadov in this interview.
Perhaps De Beers’ new venture into secondhand diamond dealing is, as it claims, simply a way to learn more about the diamond trade-in market.
The diamond monopoly is over, writes Paul Zimnisky in his study of worldwide diamond industry, but he wonders how concentrated the industry remains.
In response to Alrosa’s announced decline in supply, demand for rough diamonds jumped over the past few months, and De Beers responded with a larger than usual Sight in July to satisfy the market’s request for goods.
Pure Grown, the man-made diamond company formerly known as Gemesis, is selling a 3 ct. K SI stone—which it calls the largest colorless diamond ever produced by nonnatural means.
It was fitting that Monday’s story about the retirement of Tiffany & Co. CEO Mike Kowalskiran directly ahead of my latest piece about the Pebble Mine in Alaska, the proposed open-pit copper and gold mine that would sit at the headwaters of the pristine eco-system that surrounds beautiful Bristol Bay.
Moscow – Alrosa reported a 13 percent increase in revenue from rough diamond sales in the first half of the year in a “positive” market where it said rough prices rose about 6 percent.
Demand for engagement and wedding diamond jewelry is stronger than ever, presenting an unparalleled opportunity for the trade.