WDC expresses concern about pace of reform during 2018 KP Plenary

WDC urges Kimberley Process participants to support the expansion of the definition of conflict diamonds ahead of the 2019 Plenary Meeting in India

Today

IDI to host 26 companies at the ensuing HKJMA Show

The Israel Diamond Institute (IDI) is reportedly optimistic as it prepares for the Hong Kong International Jewelry Manufacturers’ (HKJMA) Show, based on rising demand in Hong Kong and other Asian markets, and also an anticipated increase...

Today

Botswana Diamonds widens loss to £557k, struggles to attract investors

Botswana Diamonds has recorded a loss after tax of £557,657 for the year ended 30 June 2018 compared to £310,798, a year earlier.

Today

De Beers rakes in $440 mln as demand for low-quality stones remain weak

De Beers, which is 85 percent-owned by Anglo American, said demand for smaller, lower quality rough diamonds is still facing some challenges, as its ninth sales cycle of 2018 raked in $440 million compared with $466 million, a year earlier.

Yesterday

AGD Diamonds unearths four millionth carat of diamonds since the start of 2018

AGD Diamonds, which is developing the Grib diamond field in the Arkhangelsk Province, announced that they had extracted the four millionth carat of diamonds last week.

Yesterday

Tiffany’s Element of Surprise

22 june 2018

(Rapaport) - There is some anticipation for the coming months at Tiffany & Co. A year after joining the company, its celebrated chief artistic officer Reed Krakoff is readying to launch his first new jewelry collection on the job. CEO Alessandro Bogliolo (pictured), who took his position in October, promised the line would “be a very nice surprise for the market, with an addictive kind of product,” he told analysts in the company’s fourth-quarter earnings call. The word “surprise” came up a number of times in Bogliolo’s remarks on the call, as transcribed by Seeking Alpha, whether referring to Tiffany’s product offering, store presentation or customer relations. “We’re in the business of surprise,” Bogliolo said. “So we won’t repeat anything that we did last year. We have a long list of projects for 2018 and we want to surprise our customers in a different way.”