The Grib Diamond Mine: Geology, Ecology and Industrial Safety

Gennady Piven, First Deputy General Manager of AGD Diamonds JSC, talks about his work at the diamond fields in Yakutia and in the Arkhangelsk Province.

Yesterday

I have a dream to see India become a world leader in high-end jewellery manufacturing - Sanjay Kothari

An industry leader who needs no introduction to the gem and jewellery industry is Sanjay Kothari…the former chairman of the GJEPC of India has held various positions in the Council including being Convener-Exhibitions for many years before becoming Convener-Promotions...

03 december 2018

Style always reflects culture

Reena Ahluwalia is a multifaceted artist …an award-winning jewelry designer, diamond painter, professor, speaker and a community builder and more. Recognized as one of the Top Masters of Jewelry Design and art in Canada, she has been creating jewelry...

26 november 2018

Botswana Diamonds’ Campbell on Alrosa exit: no exploration JV lasts forever

Botswana Diamonds is currently in talks with a major diamond producer interested in taking over a stake in Sunland Minerals previously owned by Alrosa. The Sunland joint venture was established in 2014 to test existing Alrosa exploration technology on...

19 november 2018

If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

Antwerp polished diamond prices rise in holiday period

13 september 2018
news_19062018_awdc.pngThe Antwerp polished-diamond trade saw a higher average price per carat, with prices for exports of polished diamonds increase by 6%, during August when the industry takes a small break, according to the Diamond Loupe. 
The volume of Antwerp’s polished diamond exports during the month of August declined by 14% on a yearly basis, though the prices for those goods increased by 14% resulting in a 33% rise in the average price per carat, the agency cited the data from the Antwerp World Diamond Centre. The average price also increased by 6% to $2,517 per carat compared to the previous month.
The volume of polished diamond imports rose by 10%, yielding a 13% rise in the value of polished goods traded. The average price of imports rose by a modest 2.5% year-over-year. Since January, polished-diamond imports have risen by 6% in volume and 5% in value to $7.8 billion as prices have remained stable. Polished exports have fallen by 2% in volume this year, but the overall value of the polished trade has risen by 3% to $7.7 billion as the average price per carat has gained 6% to $2,410.
In the rough diamond trade the industry saw an increase in prices per carat by 16% in August 2018 compared to the same month in 2017. Imports of rough diamonds fell 17% in volume resulting in a just a 2% decline in the value of those imports.
The volume of rough exports fell 16%, yet exports only lost 0.5% in value in the month of August. The average price per carat of exported fell to $103 from $124 in July. For the first eight months of the year, Antwerp’s rough diamond imports stayed at 62 million carats while the value of those imports has risen more than 5% to $7.5 billion. The volume of rough diamond exports from the diamond capital are down by less than 2% at 82 million carats, while their value has also increased by 5.5% to $8.7 billion, as the average price has risen by 7% .

Victoria Quiri, Rough&Polished