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ALROSA, the lesser known of the two diamond mining giants, is emerging from its own shadows and may exert greater influence on the industry in 2013. While it still has a ways to go, it has become more transparent about disclosing its resource base, building its client list and developing its marketing strategy.
Is it possible for a list of accomplishments to be both impressive and underwhelming? Take what happened at the Kimberley Process Plenary this year, Rob Bates writes on www.jckonline.com. This has to be one of the most impressive Plenaries ever, with the U.S. piling up quite a tally of achievements.
The rough and polished diamond market had been limping throughout the year as the Euro-debt crisis, sluggish economic recovery in the U.S and tight liquidity continues.
De Beers Diamond Trading Company (DTC) December sight had an estimated value of $490 million with sightholders still concerned about their ability to profit from manufacturing.
As president of the International Diamond Manufacturers Association, I would like to express the pain and shout out in the name of all the diamond manufacturers the world over, says Moti Ganz, Israel Diamond Institute chair and Honorary IDMA president, in his article posted by the Israel Diamond Institute portal at www.israelidiamond.co.il.
Often, the manner in which the diamond industry starts a year proves more influential than the weighted importance it gives the end of year holiday season. Granted, they are interconnected, with the level of restocking naturally dependent on retail sales and prices responding to the respective supply–demand dynamic.
For my son, it was a holiday and the schools were closed, so I decided to take the day off from work and spend it with him, just the two of us. Two sports activities, a movie and two junk food joints later, (the pizza place did not have the “right” drink, namely a thick […]
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.