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Charles “Chuck” Fipke, the man who started Canada’s arctic diamond rush in the 1990s by discovering the Ekati mine, is selling his remaining 10% interest in the Arctic mine for US$67 million, to Dominion Diamond (TSX, NYSE:DDC).
Jonathan Kendall, President of De Beers’ International Institute of Diamond Grading & Research (IIDGR), said the Automated Melee Screening (AMS) instrument is being dispatched to Sightholders across the globe.
The second quarter was always going to be a quieter period for the diamond trade.
Maybe it’s the start of the heavy summer heat that is causing a degree of delirium, and the thought process into a slower mode, sending thoughts into a historical perspective, a somewhat romantic one for sure. “A diamond is forever” the slogan goes, but when did ‘Forever’ start?
In the past decade, the growth of Dubai as a diamond center has been phenomenal—more than $40 billion in diamonds are now traded in the most populated city in the United Arab Emirates, up from $5 billion less than a decade ago.
Two years have already passed since L’École Van Cleef & Arpels opened its doors. Being the first introductory school to the jewelry and watch-making industry, L’École, carried by the name of a top House, is worth visiting. Marie Vallanet-Delhom, the President, opened its doors to Rubel & Ménasché. A guided tour to discover the hidden […]
The annual Rapaport Fair Trade Conference that took place in Las Vegas in June sought to develop a broad set of values that would promote greater corporate social responsibility (CSR) across the jewelry supply chain.
Botswana and De Beers signed a new 10-year sales agreement in September 2011, which gave some clout to Gaborone, which is the leading global diamond producer by value.
Having spoken to several sources and observers about Chow Tai Fook’s purchase of Hearts On Fire, most agree on two things: This is a great deal for Hearts On Fire. And not such a great one for Forevermark.
July 2, a week from today, will mark the midway point of 2014. There will be exactly 183 days behind us and 182 more to go.
Edward Asscher, the fifth-generation diamantaire who heads the Royal Asscher Co. in the Netherlands, was elected president of the World Diamond Council last month.
In a keynote address to the Antwerp World Diamond Congress today, Rory More O’Ferrall, one of the diamond industry’s most respected leaders and honorary vice chairman of the Diamond Development Initiative (DDI), said that dealing with the plight of artisanal diamond diggers has become an urgent moral and business imperative.