The VIIIth Ecological Forum: clean business means clean air

Despite the fact that greenhouse gas emissions in Russia have halved over the past three decades, the country’s business and government authorities still have a lot of work to do within the National Ecology Project. This was stated during the plenary...

Yesterday

Lulo diamonds sell for $2.6mln

Lucapa Diamond’s 40%-owned Lulo alluvial mine in Angola, has sold 1,736 carats of diamonds for $2.6 million, representing an average price per carat of $1,530.

Yesterday

Firestone hires diesel generator units to keep mine's processing plant running

Firestone Diamonds said its Liqhobong mine, in Lesotho remains without sufficient power to operate the processing plant despite efforts over the past week to identify and to resolve the problem.

Yesterday

GJEPC hosts ‘India Diamond Week’ in Mumbai

The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication amongst diamantaire,  and promoting...

Yesterday

BlueRock achieves record quarterly grades at SA mine

BlueRock Diamonds, which owns the Kareevlei diamond mine, in South Africa has achieved a grade of 4.3 carats per hundred tonnes (cpht) in the third quarter, compared with a grade of 3.13 cpht in the third quarter of last year.

Yesterday

Investment diamonds: Worth the risk?

18 september 2019
(jewellermagazine.com) - Why buy a diamond? It’s a question most would answer quite simply: as a symbol of love, either to a special person in one’s life or as a beautiful reward to oneself. In the pursuit for a purchase that encapsulates the emotion of love, a diamond is one tangible way to express intangible qualities, such as beauty, rarity and eternity. That’s the way the diamond industry has operated for generations and also why diamonds have captured the imagination of consumers and their chequebooks. Yet increasingly, diamond is being marketed as an ‘investment’, particularly the rarest varieties in terms of size and colour. Diamond’s attractiveness to investors is based on the relative buoyancy and consistency of the diamond market compared to other investment channels such as shares and property. As headlines abound about record-breaking jewellery auctions, breathtakingly large bids at the Argyle Pink Diamond Tender and, more recently, panic about diminishing supply, it can be easy to lose sight of the unique risks of diamond as an investment.