Industry News

December 30, 2019

The Roaring ’20s

It wasn’t that long ago that De Beers declared the 2010s “The Diamond Decade.” Growth in China and India was projected to drive demand, while the US would take small steps out of recession. This is what Varda Shine, then-head of De Beers’ supply arm, th...

December 30, 2019

The final Trans Atlantic Gem Sales (TAGS) event for 2019 took place between the 6th and the 12th December. 

TAGS presented their regular productions from both South Africa and Angola, as well as a range of goods from several artisanal productions in South Africa.  Some...

December 30, 2019

ALROSA recovered a 190.77 carat diamond at its Botuobinskaya kimberlite pipe in Yakutia. The diamond has high quality characteristics, according to the company. 

“The discovery of a large and high-quality diamond in terms of its primary characteristics on the eve of t...

December 30, 2019

Alrosa and Zimbabwe Consolidated Diamond Company (ZCDC) have signed a number of agreements to finalize the creation of a joint venture for prospecting and exploration works for primary diamond deposits in the Republic of Zimbabwe.

According to the agreements, Alrosa own...

December 30, 2019

Jewelry sales in the US rose 1.8% during the holiday period, amid strong growth in e-commerce purchasing.

Online sales of jewelry rose 9% during the two-month period, according to data from Mastercard SpendingPulse, which tracked purchases made from November 1 through...

December 30, 2019

Tiffany & Co. noted a “momentum shift” in the Americas during the holidays, as growth in the region contributed to an overall increase in sales for the season.

Company-wide revenue climbed by 1% to 3% year on year for the period from November 1 to December 24, the ret...

December 26, 2019

Alrosa has sold its celebrated Firebird diamond to Graff, achieving one of the highest per-carat prices for a stone of its type in recent years, the miner said.

Alrosa did not disclose the final sale price of the Asscher-cut, 20.69-carat, fancy-vivid-yellow, VS1-clari...

December 26, 2019

International exhibitors are being invited to participate in the 2020 International Diamond Week in Israel (IDWI). This is the first time the IDWI has been open to exhibitors from all markets.

Ezra Boaron, IDWI chairman said the decision to open up the doors of the show...

December 26, 2019

Mountain Province recovered more than 5,000 micro-diamonds from Gahcho Kué’s new Wilson pipe during its initial drilling program.

The Canadian miner retrieved 1.7 tonnes of kimberlite from two drill holes at the site, it said Monday. Of the 5,564 stones treated at the...

December 26, 2019

Gross diamond exports from India in November continued to decline year on year. It showed a decline of 25.13% to $1.17 billion compared with $1.56 billion in November 2018, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).


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