Labs grade differently and consumers get conned
Do different gemological labs grade the same diamonds differently, and if they do, is it wrong?
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“At DMCC we intend to continue to innovate and to build international relations to enable everyone to trade with confidence”
Over the past ten years, Dubai has firmly secured a footing as a world diamond and jewelry manufacturing center.
Expensive basel show frustrates diamond suppliers
Steady demand for high-end, unique stone. Diamond exhibitors reported steady sales and strong demand for unique stones at the Basel show; however, they were frustrated by show expenses and venue changes made at this year’s fair.
Pipeline 2012: a year of volatility, losses and uncertainties
The best thing one can do about 2012 is simply forget that it ever happened! The market contraction and the drop in rough and polished prices that started in the last quarter of 2011 continued throughout 2012.
Botswana diamond centre gains momentum
Over $3 billion (P25 billion) worth of diamonds have been aggregated in Gaborone and distributed to three countries since the relocation of the exercise from London in August last year, Mmegi reported.
Increased diamond production
Diamond mining companies are slowly raising their production levels even as many of the major mines continue to face operational challenges.
There is MIST beyond the BRIC
The BRIC countries – Brazil, Russia, India and China – are the hotbed of growing diamond jewelry consumption. While the U.S. provides the slow, yet steady growth of a mature market, the BRICs are where the diamond industry has found large growth.
Oppenheimers, Anglo dismiss Moscow speculation of Alrosa interest
There is no truth in a report from Moscow, published simultaneously in two Russian business newspapers on Monday, that the Oppenheimer family is interested in buying shares of the Russian diamond miner Alrosa, if they are privatized by the government later in the year.
Alrosa, De Beers in race for unexplored Angolan diamonds
Diamond producers have been for some time now struggling to find new, large deposits to replace their aging assets.
Gold and diamond risk
The recent slump in gold prices has not impacted the diamond market. Having enjoyed a stable and positive first quarter, diamond trading was steady this week while gold markets were in panic.
Retailers must be willing to foot the bill
The reoccurring debates of the past few years over the evolution of the Kimberley Process (KP) have tended to revolve around a limited number of points, and have somehow always resulted in stagnation.
Understanding diamond juniors: part two of a series
Investors interested in the diamond junior sector should set out with an awareness of three key facts: the process of taking a mine from exploration to production is long, expensive and has an extremely low success rate.