Gold demand in China to dip 10-15% in Q1 2020

Demand for gold in China is expected to weaken in the first quarter of 2020 as the country’s consumption-led economy grapples with the coronavirus outbreak.

Today

Angolans witness polishing of Lulo diamonds in Botswana

Angolan officials led by the country’s ambassador to Botswana recently toured Safdico Botswana where diamonds from Lulo Mine are being polished.

Today

Baselworld 2020 attracts more professionals in the field of technical equipment for the jewelry sector

The Baselworld watch and jewelry exhibition, which will be held from April 30 to May 5, 2020 in Basel, Switzerland, intends to attract a large number of players in the field of technical equipment for the jewelry sector.

Today

Volgograd to host a jewellery show at the end of February

"JewelerEXPO 2020" jewellery show will open in Volgograd on February 19, 2020.

Today

Botswana, De Beers to conclude diamond sales negotiations by end of April

Botswana and De Beers are expected to conclude negotiations on the new diamond sales agreement by the end of April.

14 february 2020

Let’s Set Our Sights on the Auctions

22 august 2019
(diamonds.net) - De Beers’ first-half earnings highlighted the many challenges facing the diamond trade. But beyond the sharp declines the mining company suffered, CEO Bruce Cleaver and chief financial officer Nimesh Patel were insistent with their messaging: This, too, shall pass. The executives recognized that the challenges came from within the trade rather than a slump in consumer demand, even as they acknowledged the prevailing macroeconomic uncertainty. They observed that there was excess polished inventory and a shortage of liquidity in the midstream.