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

Opinion: An Urgent Call to Invest in Marketing

26 september 2019
(diamonds.net) - The diamond industry must significantly increase its marketing spend to ensure the trade’s longevity. This need is highlighted by the difficult conditions the sector has endured over the past few years. Recent challenges have led to a lack of confidence in the diamond trade that resulted in a seemingly endless stream of financial misconduct carried out by a minority of ill-intended merchants. Our trade representatives need to introduce stringent measures that will combat such misconduct. More importantly, consumer appetite for our product has stagnated in this tough market, while the absence of marketing and innovation has had a further negative effect on demand. We must collectively work to restore the appeal of our product among consumers.