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

Following a Period of Volatility, the Global Diamond Industry Regains Its Lustre With 2 Percent Growth in 2017

24 december 2018
(GLOBE NEWSWIRE) -- The global diamond industry emerged stronger in 2017 with 2 percent growth across all segments of the value chain, following a period of high volatility.  In line with positive luxury market trends, global diamond jewelry sales grew last year, fueled by strong macroeconomic fundamentals in the U.S., resurging demand from Chinese millennials, and increasing sales in the self-purchasing category in China.  This healthy demand led to an unprecedented jump of nearly 20 percent in diamond production volume last year and supported a 2 percent increase in cutting and polishing revenue, putting the segment on positive ground.  These are the findings from the eighth annual report on the global diamond industry prepared by the Antwerp World Diamond Centre (AWDC) and Bain & Company.