Profit is the new turnover in the diamond trade. As retail inventory levels continue to shrink due to recession-driven efficiencies, the trade has had to change its mindset. No longer can diamantaires play the high-volume production game: ...
Tags: diamond trade, diamond
The new Andrei Duman Gallery was lit up with LED lights from Soraa that illuminate and show accurate color of artworks. (Soraa/LEDinside) Soraa, the world leader in GaN on GaN™ LED technology, announced that its LED lamps have been ...
Tags: Soraa, LED Lighting, LED lamps, Gallery Lighting
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
The analyst presentation that De Beers published this week on behalf of Anglo American was as revealing as the company’s much publicized Diamond Insight Report. Whether this was a once-off publication or not, the presentation was ...
The recent re-launch of the CanadaMark hallmark by Dominion Diamond Corporation is designed to enhance the company’s status as Canada’s primary diamond mining company. While CanadaMark is essentially a business-to-business (B2B) ...
Tags: Diamond, CanadaMark, Arts
The diamond industry needs to support programs to uplift its vast artisanal mining sector. The more than 1.5 million diamond diggers – predominantly in West Africa – and their estimated 10 million dependents, remain the most ...
Tags: Diamonds
Two weeks ago I wondered what was next for company formerly known as the Harry Winston Diamond Corp. Now some of those plans are coming to light with the company's first earnings report under its new name, Dominion Diamond Corp. The New ...
The big news this week is the sale of famed jewellery and watch brand, Harry Winston, to the Swatch Group for $750 million plus their assumption of up to $250 million of pro forma net debt. Several analysts and industry observers see this ...
Tags: jewellery, watch, Harry Winston, diamond
If a recent report by Associated Chambers of Commerce and Industry of India (ASSOCHAM) is anything to go by, India’s diamond industry is facing a threat of being eclipse by its close rival China in near future. Associated ...
Tags: ASSOCHAM, diamond industry, India, rough diamonds
The far north of Siberia is believed to have vast and untouched diamond reserves in a unexplored crater. The 100-kilometre (60-mile) Siberian Popigai Crater was formed by a huge asteroid 35 million years ago and is lying 2,000 kilometres ...
Tags: synthetic diamond, Siberian Popigai Crater, industrial diamond
The world diamond industry has reached to such a stage wherefrom it may see a downward trend in growth as the gap between demand and supply is widening every year. This is one of the major concerns being echoed by every leader everywhere. ...
Tags: diamond, diamond mining, rough diamonds, jewellery