De Beers rough diamond sales for Cycle 8, 2019
Press release – Us$295 million (provisional).
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313ct. diamond emerges as world’s largest D-color
Nemesis International on Thursday the 24th of September unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history.
Rough diamond exports from the Central African Republic
In light of recent media reports about the trade in rough diamonds associated with the ongoing civil conflict in the Central African Republic (CAR), the World Diamond Council (WDC) has reiterated its call to members of the industry to practice the utmost caution when considering the purchase of goods that are known to have originated […]
Richemont buys italian jeweler Buccellati
Luxury conglomerate Richemont has acquired Buccellati Holding Italia S.p.A., the owner of Buccellati, the famed Italian jeweler, for an undisclosed price.
Lucara recovers gem-quality blue, pink diamonds
Lucara announced this week the recovery of two large, gem-quality colored diamonds.
Synova launches automated diamond cutter
A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond manufacturing and reduce costs.
DMCC opens upgraded diamond exchange
The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.
Consumers willing to pay more for verification
Consumers are prepared to pay a premium for a diamond that has been verified as responsibly sourced, MVI Marketing found in a survey.
India reduces industry’s tax burden
The Indian government has lowered the rate of goods and services tax (GST) for certain diamond work in a move that will help buoy the struggling sector, the nation’s Gem & Jewellery Export Promotion Council (GJEPC) said.
US retail sales robust ahead of increase in tariffs
US retail sales rose in August, even as consumer confidence slipped slightly from the previous month amid the escalating trade war.
Let me just verify that
MVI Marketing has just come out with a consumer research study report looking at “the need for third-party verification of mined and lab-grown diamond claims of positive social and environmental impact.“
What Generation Z shoppers want from jewelers
Just as the industry is getting its head around how to appeal to millennials, there’s a new, possibly more quixotic, generation coming up.
