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.


RAPAPORT organises melee auction in Belgium

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


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.


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.


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)...


De Beers bullish about synthetic diamonds

02 july 2018
( - Months before the first batch of their synthetic diamonds jewellery hits the US markets in September 2018, De Beers has launched a massive public relations campaign to dispel misconceptions and fears about the decision, which caught many by surprise. The historic launch will happen in exactly three months, breaking the 130-year mining tradition at De Beers. "We have the technology and the skills. If we can produce critical medical equipment used for conducting surgical operations on patients' eyes what more with jewellery?" the bold assertion flows effortlessly from David Prager, De Beers Executive vice president, on Tuesday at the high security state-of-the-art headquarters in Gaborone, Block 8 Industrial. Across the glass-topped oval table in the middle of the room sits De Beers Executive Vice President, Commercial and Partnerships, Alessandra Berridge. Samples of glittering Lightbox jewellery are on display as the duo wax lyrical about how De Beers is bullish about the synthetics market and is confident that they have made the right decision to deliver value for shareholders.