AGD DIAMONDS enters international diamond market

JSC Arkhangelskgeoldobycha was officially renamed into JSC AGD DIAMONDS, according to the company’s press statement distributed on Wednesday. The change in the corporate name of the joint-stock company was due to its new marketing policy and the brand’s...

Yesterday

De Beers subsidiary gets top accolade for synthetic screening device

De Beers’ subsidiary, the International Institute of Diamond Grading & Research (IIDGR), said its industry-first synthetic screening device, SYNTHdetect, was awarded industry innovation of the year at the JNA Awards in Hong Kong.

Yesterday

Lucapa says Angola gazettes new Lulo kimberlite licence

Lucapa Diamond said the Angolan government has gazetted a new mineral investment contract for the Lulo kimberlite exploration licence.

Yesterday

GJEPC Chairman addresses 11th International Gold Summit in Delhi

GJEPC Chairman Pramod Agrawal called upon all stakeholders in the gold industry to work together towards reducing the Current Account Deficit (CAD) in the country.

Yesterday

Mountain Province identifies additional kimberlite near Gahcho Kué

Mountain Province Diamonds, which is currently conducting an exploration programme in the immediate vicinity of its Gahcho Kué mine, in Canada, has identified additional kimberlite in the corridor between 5034 and Tuzo, with true intercepts up to 72...

19 september 2018

Innovate or Die: Why the Industry Is Lagging

11 july 2018
(Rapaport) - In the heyday of “A Diamond Is Forever,” consumers responded strongly to slogans and instructive advertising. As social media has influenced a more interactive dialogue between businesses and their customers, that is no longer the case. Today, consumers respond to innovation. In an age of unprecedented creativity and development, the jewelry industry has been lagging behind. While sales in the US have grown in the past few years, the sector needs to innovate more to sustain — and improve — its share of consumer spending, according to Gina Drosos, CEO of Signet Jewelers.