Why Diamdel will not change the market (at least for now)
After having been almost scrapped in 2007, De Beers’ secondary market seller Diamdel underwent profound renovation when the company decided to transform it in an online auction sale program.
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De Beers group of companies
Press release “Dear Sightholder, For an industry that historically evolved slowly, the past several years have seen unprecedented change at an extraordinary pace. A volatile global economy, shifting consumer demographics, new technological innovations, and increased challenges in accessing supply, are forcing all of us to adapt and evolve.
Hong Kong’s indicator – moderate light intensity
You can show a lot of things, but not buy them all. China is a rapidly growing consumer market with a huge desire to be involved at all levels of the diamond trade, willing to cooperate with everyone, and the Hong Kong Exhibition turned into a kind of indicator to determine the situation and mood […]
Demand driven diamonds
De Beers is talking up the market and downplaying its production, as one expects it needs to do in the current economic environment. And it is not alone, as other miners follow suit.
Celebrating chinese buyers kill Hong Kong fair
The September Hong Kong Jewellery & Gem Fair closed without providing the kind of high demands for loose diamonds that everyone had secretly hoped for. So what did happen at the show, and why was demand lower than anticipated? Traders arrived at the fair knowing exactly what they wanted to buy, with almost no one […]
Hong Kong show reflects low-level Far East demand
Diamond trading at the Hong Kong Jewellery & Gem Fair reflected a steady, but lower level of Far East demand, mirroring trends in the global market this year. Polished suppliers have accepted that demand has declined in 2012 and were satisfied that some business was done at the show.
Forevermark introduces its Promise Collection
Press Release “Forevermark, the diamond brand from the De Beers Group of companies, is proud to unveil The Forevermark Promise Exhibition – a collection of pledges and exceptional diamond pieces from some of today’s most prodigious design talent.
Government supervision of polished diamonds? Maybe so
What will happen if the U.S. decides to place barriers on polished diamond imports? What if Canada or the European Community decide that to let a polished diamond cross their border, it needs to first carry some sort of proof that it meets an ethical standard? Is it at all possible that these consumer markets […]
De Beers maintains low diamond supply
DTC unable to meet short term sightholder demand. De Beers will be unable to meet sightholder demand for the next six months due to a shortfall in production, according to its chief executive, Philippe Mellier.
Russia reveals trillions of carats in industrial diamond reserves (updated)
Russia revealed that it had trillions of carats of industrial diamonds in a deposit under a 35 million year old meteorite crater called the Popigai Astroblem that is a hundred kilometers wide.
The Jewelry and Gem Fair lights up Hong Kong
From September 19 to 25, Hong Kong will adorn itself with a thousand gems for the 29th “September Hong Kong Jewellery & Gem Fair”. Could this be an opportunity to sound out the diamond market for the coming months?
Gillian Milovanovic: KP plenary will block attempts to ban countries over ‘unrelated’ violence
Those who fear that the suggested new definition of “Conflict diamonds” could place almost any country in any armed conflict situation on a list of countries banned from trading rough diamonds need not worry because decisions are made by the Kimberley Process (KP) Plenary forum