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Critical mass of secondary market

Imagine an automobile market, in which cars do not become obsolete and are not being disposed of for half a century. Every year, we see millions of new vehicles coming off assembly lines, but all those produced earlier are still on the market, their...

27 march 2017

Dull name, important task: generic marketing critical to industry's future

How do I sell more diamonds, a diamond trader recently asked me. Why don't we see global promotion of diamond jewelry so that more diamonds are sold? How can diamonds compete with the latest iPhone, cute tablet or round-the-world trip? Does the younger...

20 march 2017

De Beers Had a Name. It Just Never Had a Jewelry Brand

(jckonline.com) - Recently, De Beers took full control of the De Beers Diamond Jewellers retail chain. This makes sense, as De Beers always seemed more invested in the project than partner LVMH. As many have noted, De Beers owns a diamond brand (Forevermark), as well...

Today

Stéphane Fischler on Road Ahead for India’s Diamond Industry

(thediamondloupe.com) - Stéphane Fischler, President of the International Diamond Council, founding member of the European Council of Diamond Manufacturers, Vice President of the World Diamond Council and President of the Antwerp World Diamond Centre talks to Manisha Gupta...

Yesterday

Dominion Diamond puts itself up for sale after $1.1-billion unsolicited bid

(theglobeandmail.com) - Dominion Diamond Corp., the target of an unsolicited $1.1-billion approach by U.S. billionaire Dennis Washington, said on Monday that it will launch a formal sales process for the company, boosting the company’s share price. The stock rose 3.4 per cent...

Yesterday

Dominion announced exploration of strategic alternatives

Today

Dominion Diamond Corporation announced that its Board of Directors has formed a Special Committee to explore, review, and evaluate a range of potential strategic alternatives focused on maximizing shareholder value. The members of the Special Committee are Trudy Curran, Jim Gowans, David Smith and Josef Vejvoda.

Signet to test synthetic diamond detectors

Today

Signet Jewelers is planning to open a testing laboratory for synthetic diamond detectors to ensure their compliance with traceability programs.

Lucapa builds on Lulo resource despite $55mln gross diamond sales

Today

Lucapa Diamond Company said its Lulo resource increased 10 percent in volume from the maiden diamond resource of 550,200 cubic metres as at end of 2015 to 606,600 cubic metres as at 31 January 2017.

Firestone Diamonds H1 loss widens to $8.8mln

Today

Firestone Diamonds, which owns Liqhobong diamond mine in Lesotho, said its loss for the first half of the fiscal year 2017 widened to $8.8 million from $4.6 million, a year earlier.

Russia’s Alrosa not interested in buying Dominion Diamond

Yesterday

(Reuters) - Russian diamond miner Alrosa (ALRS.MM) is not interested in buying Canada's Dominion Diamond Corp (DDC.TO) (DDC.N), Alrosa's Chief Executive Sergey Ivanov said on Tuesday.

Rockwell Diamonds subsidiaries face liquidation

Yesterday

Rockwell Diamonds said a judge in Kimberley, South Africa issued an interim liquidation order last Thursday against three of its subsidiaries.

Varda Shine to join Sarine Technologies Board subject to approval at the company's AGM

Yesterday

Sarine Technologies Ltd, the worldwide leader in the development, manufacture and sale of precision technology products has announced via a Press statement that Ms. Varda Shine has agreed to join its Board of Directors as an Independent Director, subject to approval at the Annual General Meeting (AGM) to be held in Singapore on 25 April 2017.

Zim’s River Ranch struggling to attract investors for mothballed diamond mine

Yesterday

River Ranch, a privately-owned diamond mining company in Beitbridge, Zimbabwe, is struggling to find investors five years after it was placed under liquidation by the High Court.

Those who do not define their own niche, will not survive

The Antwerp Diamond Trade Fair (ADTF) enjoys broad industry support as a key annual event for the international jewelry community. The invitation to the ADTF can be obtained directly from the organizers, on the recommendation of one of the participants...

27 march 2017

Diamond manufacturers must use technology to react swiftly to changes in the market

One of the original founders of Sarine, Uzi Levami has a long history of founding high-tech companies. He was awarded the prestigious Israel Defense Award in 1992 by then President Chaim Herzog, for his endeavors on a development project for the Israel...

20 march 2017

A mined diamond can bring an extra depth to the significance of a jewellery piece

Award-winning designer Sarah Ho, was born in Hong Kong and grew up in Macau before moving to London to enrich her skills in design and gemmology. Sarah’s inspirational designs are a sentimental reflection of the different chapters in her life and her...

13 march 2017

‘I will run my chair in a very transparent, open fashion’ – KP Chairperson

Australia’s Robert Owen-Jones took over as this year’s Kimberley Process Chairperson amid tension between the civil society and the United Arab Emirates (UAE), which chaired the diamond watchdog last year. The civil society coalition boycotted UAE’s...

06 march 2017

Giving beauty to people as a gift

The ‘Kierge’ jewellery house is a large firm manufacturing and selling jewellery and is a famous Yakutian brand. Over its 23 years of experience, the company was repeatedly the winner of national and international contests like ‘The Recognition by St...

27 february 2017