A multifaceted future: The jewelry industry in 2020
The trends that have unfolded in the apparel sector over the last three decades appear to be playing out in the jewelry sector, but at a much faster pace.
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Diamond mining mergers
The diamond mining sector tends to go through waves of acquisitions. The last round saw Dominion Diamond Corporation and Petra Diamonds emerge as high-volume producers as they snapped up mines that were for sale at BHP Billiton and De Beers respectively.
Tiffany CEO: Alaska gold mine is potential “disaster”
Tiffany & Co. chairman and CEO Michael J. Kowalski is calling on fellow jewelers to take a stand against the proposed Pebble Partnership gold and copper mine in Alaska’s Bristol Bay.
Certified delays – Backlogs at GIA reflect rising demand for diamond certificates
Diamond manufacturers are frustrated by the long turnaround time of goods being sent to the Gemological Institute of America (GIA) for certification.
Are diamond industry umbrella bodies keeping members dry?
Is the diamond industry marketing itself successfully at the level of the organizations that represent it?
Money laundering and terrorist financing through trade in diamonds – FATF
The Financial Action Task Force’s (FATF) latest typologies report has concluded that the diamonds trade is subject to considerable money laundering and terrorist financing vulnerabilities and risks.
Kimberley Process effectiveness or lack of it
The internecine wars, which took place in the 1990s in Angola, the Democratic Republic of the Congo, Liberia and Sierra Leone, were largely bankrolled and fuelled by trade in conflict minerals, particularly diamonds.
De Beers’ melee screener to go in Antwerp lab
London – De Beers is now in the manufacturing stage with its melee screener and will lease it to interested sightholders in the second quarter before placing the device in a grading and research facility it operates in Antwerp, making it open to the trade more generally.
De Beers Jan. sight estimated at $700M
Rough prices, premiums rise. The De Beers January sight closed with an estimated value of $700 million as the company raised prices by 5 percent on average.
Mining, retail and the elusive Margins
Results from the just concluded 2013 are slowly coming in and they are providing a mixed view of the year.
Blom and Popov present outlines of World Diamond Mark plan
World Federation of Diamond Bourses (WFDB) President Ernest Blom, and Alex Popov, chair of the World Diamond Mark Foundation (WDMF), explained the outlines of the World Diamond Mark generic diamond marketing campaign at a seminar during the fifth edition of the Antwerp Diamond Trade Fair (ADTF) today (Tuesday).
Varda Shine – “Sightholders and the ITO will remain at the heart of the De Beers business”
No need to introduce Varda Shine to the diamond professionals! About to embark on her new life, the iconic Executive Vice President of Global Sightholder Sales at the DTC has agreed, for www.rubel-menasche.com, to go over her career within De Beers.