De Beers to hold sight 5 from mid-June

De Beers is set to conduct sight 5 from June 15 in Botswana, South Africa and Namibia, according to impeccable sources privy to the goings on.

Today

DPA rebrands to Natural Diamond Council

The Diamond Producers Association (DPA) has rebranded to the Natural Diamond Council (NDC) as it seeks to promote the desirability of natural diamonds and support the integrity of the diamond jewellery industry.

Today

DRC suspends board, management of state-owned diamond firm Miba

The board and management of the Democratic Republic of Congo (DRC)’s state-controlled diamond company, Bakwanga Mining (Miba SA) has been suspended, according to news reports.

Today

Christie’s schedules LIVE auction in Hong Kong for July 9

Christie’s Magnificent Jewels live auction scheduled for July 9 in Hong Kong will top bill a rare 12.11-carat intense blue/IF diamond ring.

Today

Antwerp Diamond Bourse president Korn steps down

The Antwerp Diamond Bourse announced that its president, Jacques Korn, is stepping down for personal reasons and will be replaced by current board member and vice-president, David Gotlib.

Today

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.