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London: The crisis afflicting the diamond industry won’t end anytime soon, according to Liberum Capital Markets. There has been little good news this year. An oversupply of rough diamonds, a surfeit of polished stone stocks and falling prices have piled
Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who — the theory went — didn’t covet sparkly gems the way their parents had. The concern turned out to be mostly unfounded, but the reality is
Diamante Blockchain, a blockchain consortium exploring how the technology can address friction in the diamond supply chain, has introduced a B2B payments feature. A press release issued Tuesday (Nov. 12) said Diamante’s newest solution, Diamante Corporate Payments, aims to address the friction
De Beers has partnered with Circa, buyers of pre-owned jewelry and watches, to help authenticate pre-owned diamonds. De Beers diamond detection technology will be adopted and implemented by Circa to provide confidence to those selling their jewelry. “One of our core missions at
Long before streetwear brands like Supreme popularized a business model built on limited-edition drops, the diamond industry used scarcity to drive up the desirability and perceived value of diamonds. There have always been a finite number of these sparkling chunks of carbon
The Diamond Producers Association (DPA) today announced that Jean-Marc Lieberherr has decided to step down from his role as CEO at the end of his current contract period on 31 December 2019. David Kellie will join the organisation in December
The Gemological Institute of America is geared up to launch Diamond Origin Report in Indian Market. Launched in June 2019 at JCK Las Vegas show, the GIA Diamond Origin Report service has received positive responses from miners, manufacturers and retailers. The
Paris, France – July 22, 2019: The Association Française de Gemmologie (the French Association of Gemmology) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September
De Beers trimmed its production plans for this year as the world’s biggest diamond producer responds to a brewing industry crisis that’s hitting demand for its stones. The Anglo American Plc unit will now mine about 31 million carats in
24 June 2019; Dubai, UAE: DMCC – the world’s leading free zone for commodities trade and enterprise – stages the fourth edition of its highly anticipated Dubai Diamond Conference (DDC) on 26 September at the Almas Conference Centre, Almas Tower, Dubai,
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