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Determined to shop early, gift-giving consumers are picking up everything from personalized necklaces to diamond tennis bracelets to holiday-themed charms in hopes of crossing off items on their wish lists before the crowds build and inventory diminishes.
Press release – WDC President Edward Asscher struck a positive tone in a statement made at end of the Closing Session of the 2021 Kimberley Process (KP) Plenary on November 12, noting that he was encouraged by the KP’s constructive discussions and its welcoming of a Declaration on Supporting Principles for Responsible Diamond Sourcing as […]
A company called Anjin is mining in Zimbabwe again, stirring up protests among area residents that resulted in 29 arrests.
Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply.
Press release – Speaking to the full assembly of delegates during the Opening Session of the 2021 Kimberley Process (KP) Plenary, World Diamond Council President Edward Asscher has reasserted the need for Kimberley Process members to agree to expand the conflict diamond definition in order to support long-term consumer confidence.
Prices of fancy-color diamonds rose 1.1% year on year in the third quarter, rebounding from a long depression caused by the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said.
1 ct. RAPI -0.2% in October.The diamond trade was busy in October as suppliers filled orders for the holiday season. The US market is fueling optimism, while there is caution about China’s prospects. Polished demand is outpacing supply, but inventory levels are rising and buyers are pushing for higher discounts.The RapNet Diamond Index (RAPI™) for […]
Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.
High household savings rates and progress in the fight against COVID should keep consumers spending.
[During the week of October 25], De Beers released a report that showed that, when consumers buy diamonds—younger ones in particular—they rank sustainability concerns above traditional factors such as style and price. They want good environmental stewardship and support for local communities.
Jeff Bezos just journeyed beyond our planet. So did William Shatner. And soon, the short-but-growing list of visitors to outer space will include one more entry: Dianna Rae’s diamonds.
The market for lab-grown diamond jewelry is poised to almost double in size by 2025, predicts industry analyst Paul Zimnisky.
