Worldwide jewelry sales rise by 4% in 2018 - ALROSA

Global sales of diamond jewelry grew by 4% in 2018 compared with last year and amounted to $85.9 billion.

Today

RAPAPORT organises melee auction in Belgium

Rapaport Auctions is organizing a melee auction in Belgium from March 25-27, AWDC reported.  

Today

Namdia receives 78 bids from potential diamond buyers

Namibia’s state-owned diamond trading company, Namib Desert Diamonds (Namdia) has received 78 applications from potential diamond buyers around the world, according to local news reports.

Yesterday

ALROSA changes its client policy to maximize profit

ALROSA, a Russian diamond mining company, intends to modernize its client policy to increase the company's profit, FINMARKET.RU reports, citing the company's CEO, Sergey Ivanov.

Yesterday

Synthetic diamond coating is a new challenge for gemmologists

A study concerning a yellow crystal submitted for analysis to the Far East Geological Institute (FEGI) showed that the stone was a synthetic moissanite covered with a thin diamond film, says a report in the Gemmological Institute of America (GIA)...

Yesterday

The end of emotion – the beginning of reason

Today

(idexonline.com) - The March issue of IDEX Magazine is out. The cover story invites readers to consider the future of the diamond industry, specifically the bulk of diamond mining production, those rough diamonds that are cut and polished to become melee. Is there a chance that we can soon stop talking about synthetic or lab-grown diamonds (LGDs)? I really hope so. We need to focus on marketing and selling diamonds. And melee is the bread and butter of the entire supply pipeline.

Op-Ed: What can we expect from the future of Angola’s mining sector?

Yesterday

(cnbcafrica.com) - Angola is currently the world’s fifth-largest producer of diamonds with 60 percent of the country’s diamond resources not yet utilized. Representing nine percent of the diamond value throughout the world, the country is mining high quality diamonds. Meanwhile, diamond mines around world are getting too old to explore. Angola is primed to elevate its status as a diamond producer in Africa with the guidance of Angolan president João Lourenço who believes the country should flourish with the untouched natural resources in its mines. The vision by President Lourenço for mining production in the country will increase revenue and attract more investment opportunities in the nation.  

Needed: Real People

22 march 2019

(idexonline.com) - (idexonline.com) - In February, the Diamond Producers Association (DPA) launched a new campaign entitled “For Me, From Me,” a campaign “inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US...” according to the DPA. It took me a few days before I had time to watch it. After viewing it several times, I thought it to be rather bland. But hey, who am I, a middle-aged guy, to judge this, right? So I forgot about it. A few days later, however, an exciting conversation developed on Facebook about the commercial.

An Environmental Expert on the Ecological Impact of Lab-Grown Diamonds

21 march 2019

(jckonline.com) - For the last few weeks, I have been researching the environmental impact of lab-grown versus mined diamonds for a future blog and article in JCK. And one of the people who I wanted to talk to was Dr. Saleem Ali. Ali, an environmental planner and a professor of energy and the environment at the University of Delaware, is the only academic, to my knowledge, who has studied it. His 2011 working paper on the issue is available here. It was eventually updated and published in the Journal of Bioeconomics in 2017.

De Beers VP Says Slowdown in Smalls is Largely Cyclical, Not Due to Impact of Lab-grown Diamonds

20 march 2019

(gjepc.org) - The segment of the diamond industry dealing in lower-priced and smaller-sized stones has gone through a rather difficult phase over the last few months. While the most recent sales figures released by De Beers and Alrosa, as well as the trading statistics from AWDC, indicate that there could be some signs of a turnaround, however weak, the market is still far below the levels of a year ago. What were the reasons for the slowdown? Are they reflecting the start of a longer-term shift in the industry brought about by the growth of synthetics or lab-grown diamonds? Will the market for small natural diamonds regain some sort of stable equilibrium?

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