Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Assurances by diamond miners at last week’s Victoria Falls conference that they would seek to persuade the US and EU to lift sanctions against stones from Marange may not generate the floods of dollars that Zimbabwe expects, writes Charlotte Mathews in an article published on 22 November by the www.fm.co.za portal.
There is certainly no doubt that the Zimbabwe diamond conference, which was held recently in the resort town of Victoria Falls, ended with one consensus. This was: sanctions on Marange diamonds must go.
It’s December, and diamond markets are eyeing inventory levels across the pipeline, characteristically hopeful that the holiday season will sufficiently trigger stronger buying in 2013. Stronger being a relative term as trading has been dulled by caution throughout 2012.
The online retail experience keeps reinventing itself almost with the pace and energy of technology itself. Consider that Cyber Monday only became a referenced term in 2005 and already feels a part of the U.S. holiday tradition. Along with Black Friday, it has also become a barometer of consumer sentiment and an important avenue to […]
With another annual Kimberley Process meeting behind us, some colleagues reminded me of the ongoing need to focus on ethics, rather than politics. The desire to shake off politics is understood, as it seems seedy, suffers from mixed interests and, above all, can be ethically-challenged.
No change to conflict diamonds. The Kimberley Process’ plenary in Washington D.C. concluded today with the organization ending its monitoring on Zimbabwe and agreeing to add an administrative support team.
In many ways, the entire diamond pipeline, from mining to retailing, has hardly changed in decades, with the exception of online sales and a long list of technological innovations that mostly have to do with other aspects of the diamond industry. In fact, where small developments did take place, most want to reverse the changes, […]
She made history as the first ever female to chair the Kimberley Process on behalf of the United States. Ambassador Gillian Milovanovic, who had been at the helm of an organisation established in 2003 to promote the trading of conflict free diamonds, will soon be bequeathing her position to another female leader
Press Release (OTTAWA) – The Diamond Development Initiative (DDI) is very pleased to announce that three African governments have made financial contributions to its work.
Arguably, the Canadian diamond industry’s best years have passed. While its flagship Diavik and Ekati mines are aging, the mines being developed are not of the same scale or value. But they are among the more attractive new diamond projects out there and Canada remains a relatively unexplored diamond frontier compared with other countries.
There is so much for us to be thankful for, and so much more that we can and should improve, change or create before we could be thankful for more. First and foremost, we should be thankful for the diamond jewelry buying public. Without them, there is no business. Yes, they are finicky, and at […]
Although the decline in rough prices has brought some relief, the rough diamond sector is still suffering from many problems. Some of them, such as profitability, are old and others, such as claims of inconsistency in Diamond Trading Company (DTC) assortments, are new.