Weather forecast: rain with chances of sun
The current low polished diamond prices, a result of low demand among other reasons, is cause for concern for many in the market.
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ALROSA remains the world leader by diamond reserves. And, apparently, it will remain to be
ALROSA has published an update of its reserves and resources estimated under the JORC Code. These figures once again confirmed the company’s claim for leadership in the global diamond market.
Farewell comfort, Hello opportunity
In less than two weeks, De Beers will hold its very last Sight in London. Starting in November, the Sightholders who received their Sight in London will be traveling to Gaborone in Botswana instead.
Steady chinese demand lifts mediocre Hong Kong Show
Buyers focused on lower price points. Diamond exhibitors reported mixed sales at the Hong Kong Jewellery and Gems Fair as buyers focused on lower-price-point, commercial diamonds ahead of the fourth quarter.
RJC membership and certification are a means to credibly demonstrate responsible environmental, social and ethical performance – Michael Rae, RJC’s CEO
Today, a company’s ability to demonstrate social responsibility of its business is needed as much as its financial statements verified by auditors.
IDEX Online rough diamond market report: Banks and traders try to cut prices
The global rough diamond market, with its high prices and the desire on the part of miners to maximize profits through revenues, has hit an unusual situation – the banks financing rough diamond purchases have called for a halt to rising prices and the inability of manufacturers to polish the goods profitably.
The diamond market value chain: upstream, middle market and downstream
Diamonds are fast becoming one of the most divisive investment opportunities. Among other issues, prospective buyers worry about resale problems, valuation and whether to buy white or colored diamonds, all of which are related to the overarching concern of transparency.
Revelations and introspection
When WikiLeaks unveiled the treasure trove of U.S. State Department communications in 2010, reporters from all industries found something relevant to their area of reportage.
Dorothée Gizenga – “Conflict diamonds started in artisanal diamond mining fields”
Dorothée Gizenga has been Executive Director of the Diamond Development Initiative since 2008. Each day, she continues the long-term battle to improve the living and working conditions of artisanal miners.
Opportunity, corner of wild gamble
Every single day we take chances. Some small, some dangerous, but inevitably, making decisions means taking risks. It’s a basic part of doing business and growing.
What for were the diamonds made coloured
An unusual experiment on precious gems made at the Moscow Institute of Steel and Alloys. Few of the rank and file people can afford buying a coloured natural polished diamond, writes Natalia Vedeneyeva on www.mk.ru. Such ‘sparklers’ are very expensive.
Diamond prices seen trending higher until 2015
The average diamond price per carat value of annual global production declined last year driven primarily by softer pricing across all diamond categories as well as the increased production of lower quality diamonds.