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It’s never boring in the rough sector of the global diamond pipeline. De Beers is proposing a new contract – simplified, with important additions, but still troubling in a way.
You may remember Supplier of Choice. It was the De Beers policy designed to set the industry up for the post-cartel world. It billed itself as transparent, open, and objective.
Industry leaders joined senior United Nations officials and representatives of UN-affiliated organizations for a special conference organized by CIBJO (World Jewellery Confederation), to discuss the commitment of the jewelry and gemstone business to facilitate sustainable development in the countries and regions in which it is active at the United Nations headquarters in New York. The […]
If the golden rule for real estate is location, then for the diamond industry it is all about relationships
On May 13, Sotheby’s Geneva will auction the 100.9 ct. Graff Vivid Yellow, considered among the largest fancy vivid yellow diamonds in the world.
Prices rise, premiums drop and liquidity tightens. De Beers sight number 3 closed with an estimated value of $700 million after the mining company raised its rough diamond prices by 3 percent to 4 percent.
It is not unusual for international geo-political events to have an influence on the diamond industry.
Promoters of synthetic diamonds often argue that if all diamonds are grown in a lab, that would eliminate blood diamonds.
Unique large and color diamonds are poised to fetch strong prices on the auction circuit again this year.
Basel – The Swiss Gemmological Institute SSEF in Basel has become the latest laboratory to create a machine designed to distinguish lab-grown melee diamonds from mined.
Millionaire men more likely to buy jewelry and women cars; millennials most likely to buy jewelry.
In early February, we ran a story about a new program called Sustainable in Style. Created by Scottsdale, Ariz.-based diamond company Avilan, the program pairs independents designers–Sofia Kaman, Toby Pomeroy and Megan Thorne among them–with Avilan’s “eco ethical” Storied Diamonds, which are recycled, or previously owned, stones.