Analytics
De Beers sees strong demand for diamond jewellery despite COVID-19 pandemic
Diamond giant, De Beers has made efforts to understand the consumer perspective, particularly in the United States, following the COVID-19 pandemic. The group is conducting additional consumer, retailer and supply chain touch-bases to understand the...
30 november 2020
India’s diamond manufacturing sector surges on…
It’s almost business as usual here in India’s diamond cutting and polishing hub of Surat. The manufacturing sector is likely to buzz with activity after Diwali as nearly 200,000 migrant workers are expected to return to work. With orders reportedly...
23 november 2020
Expert reports
Why You’ll Be Seeing the De Beers Name More Often
(jckonline.com) - De Beers will promote its corporate name in a more high-profile way, now that the company has realigned its marketing and corporate affairs departments. The name currently adorns the brand’s retail chain, De Beers Jewellers, as well as De Beers Group...
Yesterday
Expect Higher Diamond Prices This Holiday Season
(edahngolan.com) - Consumers should expect higher diamond prices as strong demand has been driving them up in recent months. After consumer retail purchases dropped in March and April, US retail activity surged in the summer months. This renewed demand includes jewelry...
03 december 2020
GRIB November Auction Nets US$23m In Antwerp
(thediamondloupe.com) - In the auction concluded on November 24, GRIB Diamonds, the Belgium based diamond trader, owned by AGD Diamonds, netted US$23 million for a total of 8,700 ct of rough diamonds.
02 december 2020
News
Botswana Diamonds discovers new kimberlite pipe at Thorny River
Yesterday
Botswana Diamonds has discovered a new small kimberlite pipe at its Thorny River project in South Africa. The blow (small pipe) was discovered during the company’s recent drilling programme and covers a target area of 0.4 hectares.
“Our Diamonds for Our Future” contest comes out with results
Yesterday
The “Our Diamonds for Our Future” contest, a creative competition for children and adolescents announced by the Rough&Polished industry news agency with the participation of AGD Diamonds has come to its end. The goal of the contest is to support children during the coronavirus pandemic, give them additional opportunities for socialization and self-expression, and stimulate their creativity.
Lucapa’s Lulo 46ct pink coloured diamond delivers three polished stones
Yesterday
Lucapa Diamond says a 46-carat pink coloured rough diamond recovered at its 40%-owned Lulo diamond project in Angola and later sold into a cutting and polishing partnership with Safdico, has delivered three polished diamonds – a 15.2 carat Heart and two Pear shaped diamonds weighing 3.3 carats and 2.3 carats.
New diamond and gold deposit found in Nunavut
Yesterday
A unique diamond and gold deposit found near the Arctic coast, about 155 kilometres southeast of Kugluktuk in Nunavut, CBC reported.
Hong Kong Customs seize 160 diamonds being smuggled at Shenzhen border
Yesterday
More than 160 diamonds worth an estimated $840,000 have seized during a Hong Kong customs inspection of a truck at a new border checkpoint.
Bain & Co: Luxury market will consolidate its local nature globally in the coming years
03 december 2020
After Q2, the worst quarter ever for luxury market, and good signs of recovery in Q3, uncertainty is still the keyword for holiday season, say Claudia d'Aprizio and Federica Levato, the authors of the latest update on the global luxury market from Bain and Co.
Chinese luxury jeweller Qeelin grows during COVID-19
03 december 2020
Dennis Chan, the 60-year-old co-founder and creative director of Qeelin, was inspired by a 1997 trip to China’s Dunhuang, which hosts a complex of hundreds of grottoes adorned with Buddhist statuary. The Hong Kong-born designer started his brand seven years later with French businessman Guillaume Brochard.
Geneva Watches and Wonders 2021Canceled
03 december 2020
Watches & Wonders, one of the world’s largest watch fairs, announced that it has made the decision to replace its live event with a digital-only version in 2021.
Exclusive
Sourcing of rough in India through online tender system helpful amid COVID situation
Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India has been appointed the President of The Southern Gujarat Chamber of Commerce & Industry (SGCCI). He is also...
30 november 2020
Cultivating demand for natural diamonds
CIBJO, the international jewellery confederation, hosted a webinar last month on cultivating demand for natural diamonds. CIBJO had been holding a series of webinars on the impact of the COVID-19 pandemic. The webinar examined ways to cultivate demand...
23 november 2020
Deljanin and Simic: We do not think laboratory diamonds are threat to natural diamonds
Gem and jewelry industry experts Branko Deljanin and Dusan Simic have completed the 3rd edition of their best-selling book, Laboratory-Grown Diamonds - Information guide to HPHT and CVD-grown diamonds. Deljanin and Simic are diamond researchers with...
16 november 2020
Kapu Gems: Limited diamond manufacturing increases demand
After completing the commerce degree B. Com, Kalpesh D. Vaghani ventured into the family business. His understanding of the market, diamond intricacies and the global standards technology utilization helped him create a niche for himself. An entrepreneur...
02 november 2020
Chris Del Gatto: “We provide capital to smart companies”
Chris Del Gatto, CEO & Co-Founder of DELGATTO Diamond Finance Fund L.P., a New York-based non-bank lender to the diamond and jewelry industry, started his career as a diamond cutter when he was just 17. In his early 20’s, Chris went on to co-found...
26 october 2020
