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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.
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.
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 […]
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 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.
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?
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
At the last DTC Sight – which has been estimated as totaling $535 million – the DTC reduced rough selling prices by 3-15 percent, depending on the kind of goods. In some boxes, the assortments also deteriorated, so the price reduction may actually have been slightly more moderate.
It’s a time of new beginnings, full of promise, and don’t let the nearing Fall fool you for a minute. The shortening days, cooler weather and occasional rains carry a fresh promise more often associated with Spring. The ending of summer is taking with it the harsh heat and oppressive humidity of financial pressures; business […]
The Indian diamond industry’s liquidity crisis – said to be the worst in 50 years – is claimed to be self made as big and medium diamond firms have diverted $5.4 billion in bank finance for diamond operations into real estate, according to a report published in The Times of India.
From 14 to 23 September, major jewelry names and art fans from all over the world will be converging on the Grand Palais in Paris for the XXVIth Biennale des Antiquaires. This will be an opportunity to view outstanding exclusive jewelry pieces presented by the top French and international houses.
Many diamond jewelry retailers suffered from low traffic, stunted sales and reduced turnover this summer. With all that time on their hands, hopefully they took the opportunity to think in earnest about the upcoming holiday season and how to prepare for it. Since all these retailers are hoping for the same thing – good consumer […]