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About Tom Thumb and sleeping giants

Last week, all were pretty excited over Morgan Stanley’s research on the synthetic diamond market. In short, Morgan Stanley says that the share of synthetics is so far negligible, but not for long. By their estimation, following even the worst scenario...

25 july 2016

ALROSA will never walk alone

The Liverpool Football Club of England, the holder of a glorious name and a large number of sport records, has been deprived of success in the international arena for as long as 11 years and unlucky to win a home championship for more than a quarter...

18 july 2016

Dominion Diamond to lose estimated $100M in revenue during Ekati process plant shutdown

(cbc.ca) - The three-month shutdown of Ekati mine's process plant while it undergoes repairs following a fire is expected to cost Dominion Diamond Corporation $100 million in lost revenue. The company has revised its production forecast for the 2017 fiscal year...

Yesterday

End Sanctions on Russia, Join Forces to Battle ISIS

(polishedprices.com) - Since 2014, the West has imposed a series of sanctions on Russia in an extended response to Pro-Russian military forces taking control of the Crimean Peninsula. While global powers wrestle among themselves, some may fall victim to the arm-wrestling...

28 july 2016

It’s consolidating time for India…

The month of June 2016 was rather quiet as far as trading was concerned in the Indian diamond industry. Polished as well as rough trading was as normal as could be as the two major shows …JCK Las Vegas Show & the Hong Kong Show … took away all the...

27 july 2016

De Beers H1 profit up 2pc on higher revenues, output dips 15pc

Yesterday

Anglo American said De Beers’ profit increased 2 percent to $585 million during the first half of 2016 from $576 million, a year earlier as a result of higher revenues from “stronger” rough diamond demand, tight operating cost control and favourable exchange rates.

Pangolin starts drill programme at Botswana’s Motloutse diamond project

Yesterday

Pangolin Diamonds has commenced a percussion drill programme at its wholly-owned Motloutse Diamond Project in Botswana. It said in a statement that the programme was expected to be completed within the next two weeks.

Mariinsky Theatre gave concert in Yakutsk with financial support from ALROSA

Yesterday

ALROSA, the world’s top diamond producer by carat weight, has become a partner to the concert performance of the Mariinsky Theatre Symphony Orchestra under Valery Gergiev playing Sergey Prokofiev's "Betrothal in a Monastery" in Yakutsk. The concert, which took place yesterday in Yakutsk on the stage of the State Theatre of Opera and Ballet of the Republic of Sakha (Yakutia) was held with the financial support rendered by the diamond mining company.

Soo Kee Group of Singapore partners with Sarine Technologies to enhance diamond buying experience

Yesterday

Sarine Technologies Ltd and Soo Kee Group Ltd have announced, via a press note, that they have partnered in bringing the unique Sarine Profile™ diamond display paradigm including Sarine's unique light performance grading to Singapore and Malaysia.

IDE invites international buyers to Blue & White Fair

Yesterday

The Israel Diamond Exchange (IDE) has extended an invitation to international buyers to participate in the local Blue & White diamond fair, set to take place in the diamond exchange on August 2, IDEX Online reports.

DiamondCorp resumes underground mining at Lace

28 july 2016

DiamondCorp has resumed underground mining operations at the Lace diamond mine, in South Africa following a nod from the country’s Department of Mineral Resources (DMR).

Tokyo Commodity Exchange launches ‘Gold Physical Transaction’

28 july 2016

The Tokyo Commodity Exchange, Inc. (TOCOM) has announced the launch of Gold Physical Transaction, a new physical market for gold. The exchange has also reported that the number of executed transactions for the first trading day was 14, as per a Bullion Bulletin report.

Singaporean jewellery brand ‘Luvenus’ expands to Hong Kong

28 july 2016

Singaporean contemporary jewellery brand Luvenus Jewellery announced on Tuesday that it had opened its first overseas outlet at Hong Kong International Airport to showcase its designs to the millions of travelers that pass through the airport each year.

We expect more consolidation happening and certain companies go out of business - it's a healthy development, where only strong and modern companies can survive - Erik A. Jens, AMRO BANK N.V.

Erik Jens comes with professional experience in banking, financing and investments. He has specialised in private wealth management solutions, investments in hedge funds, private equity and real estate industry. Erik Jens has also held various senior...

25 july 2016

On Optimism, Idiocy and Generic Diamond Promotion

Alex Popov is the Chairman of the World Diamond Mark Foundation (WDMF), which was established over two years ago in Hong Kong. WDMF has rolled out several generic marketing programs for jewelry retailers worldwide and three exclusive marketing programs...

18 july 2016

Eden Rachminov speaks about how to price and how to buy fancy color diamonds

Eden Rachminov, who is the founder and managing partner of Rachminov Diamonds, is considered as one of the world’s leading experts in fancy color diamonds, as well as the most ardent supporter of these gems. Rachminov published ‘The Fancy Color Diamond...

11 july 2016

Tanzanian women break new ground with gemstones value-addition

Having found small-scale mining demanding due to its highly physical nature and use of rudimentary tools, a group of women in Tanzania decided to join hands and start an association that add value to the country’s abundant gemstones. It’s just over a...

04 july 2016

You can’t fake that ‘magic’ of the real thing…

Armed with a degree in ‘Jewellery Designing’ from Central Saint Martins and a Diploma in Diamond Grading from the Gemological Institute of America, young Rachel Boston is a London-based jeweller and designer with a mind of her own and adequate talent...

27 june 2016