Issue of Synthetics High on Agenda at Third Dubai Diamond Conference

The third edition of the biennial Dubai Diamond Conference had the theme of “Shaping the future of an interconnected marketplace.” The two-day conference, which took place in Dubai's Almas Tower, which houses the Dubai Diamond Exchange, brought together...

13 november 2017

Real and "real"

Exactly one year ago we wrote a review titled "Information warfare for millennial’s wallet." It made quite a splash visually proving to industry players how aggressive were marketing campaigns waged by producers of synthetic diamonds. We have...

07 november 2017

Mercury Polished Diamond Prices: Price Stability Maintained

(ehudlaniado.com) - Polished diamond prices remained flat overall in October for the third consecutive month, according to the Mercury Diamond Global Tracker™ (MDGT™) , an index of polished diamond transaction prices. The steady prices, following an extended period...


Rough Trade Cautious at $455M De Beers Sale

(diamonds.net) - Dealers reported a difficult but stable rough market as De Beers’ November sight closed with a value of $455 million — 4% lower than the same period a year ago.

16 november 2017

Global personal luxury goods market returns to healthy growth, reaching a fresh high of €262 billion in 2017

(bain.com) - Luxury is back in fashion. The overall luxury market – encompassing both goods and luxury experiences – grew by 5 percent to an estimated €1.2 trillion globally in 2017. Sales of luxury cars continued to drive the market, growing at 6 percent to reach...

16 november 2017

ALROSA reports financial results for Q3 and 9M 2017


The company’s revenue in 9M 2017 amounted to RUB 214.5 bn, EBITDA to RUB 100.0 bn, net profit to RUB 61.9 bn, and free cash flow to RUB 61.8 bn.

President of ALROSA ordered disciplinary sanctions following the accident at Mir


Sergey Ivanov, President of ALROSA signed an order on disciplinary sanctions against the company's executives who violated the requirements of industrial safety, which contributed to the accident at the Mir mine on August 4, 2017.

India's polished diamond exports down 23% in October


Exports of cut and polished diamonds from India during October reduced from $ 2.52 bn last year to $ 1.93 bn this year, a decline year-on-year of 23.33%, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.

Lucapa’s Lulo on track to break production target


Lucapa Diamond, which has a 40 percent stake in the Lulo diamond project in Angola, said it is on track to break its record 2017 annual production target.

H.H. King Philippe graces roundtable on sustainability in Mumbai


H.H. King Philippe of Belgium who was in India on an official visit, graced a Round Table on “Best Practices from the Diamond Business to Foster Socio-Economic Development” organized in Mumbai jointly by The Gem & Jewellery Export Promotion Council (GJEPC) and the Antwerp World Diamond Centre (AWDC) on November 9, 2017.

Diamond grade at Gahcho Kué mine exceeds forecast in Q3


According to Mountain Province Diamonds results for the third quarter ended September 30, 2017, average diamond grade at the Gahcho Kué mine was approximately 28% above the original plan and amounted to 2.07 carats per tonne.

Christie's sells record-priced diamond in Geneva


The largest diamond to be offered at auction was sold by Christie's in Geneva on Tuesday for a record $33.5 million, auction house said.

Diamond Producers Association launches new “Real is Rare” advertising

16 november 2017

The Diamond Producers Association (DPA) launches new “Real is Rare” advertising tonight on the 18th Annual Latin Grammy Awards airing on Univision. “The Reveal” is one of two new videos presenting a modern take on love and diamonds.

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017