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How to Survive as The Diamond Trade Shrinks
Apr 30, 2019The diamond trade remains under pressure, and further contraction of the market is expected this year. Apart from being squeezed by high rough costs and declining polished prices, dealers lament there are too many players chasing the same ...
Tags: Diamond Trade, Diamond
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Dubai Probing Rough Diamond Values
Sep 21, 2016From the get go, the United Arab Emirates' (UAE) chairmanship of the Kimberley Process (KP) had a fair share of controversies as civil society, and a number of member states, expressed their concern with seating the 2016 chair in Dubai. ...
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Synthetic Diamonds: Legitimize, Don’t Ostracize
Oct 27, 2015Traders of mined diamonds are divided over how to best respond to the growth of their laboratory-grown counterparts. Last week, India’s Bharat Diamond Bourse (BDB) became the second exchange to ban trading of man-made diamonds, ...
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Blinging Down Botswana's Economy
Sep 18, 2015It’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 ...
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A Sustained Diamond Supply Surplus
Sep 15, 2015Don’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
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The Presidents' Meeting Highlighted Five Challenges Facing The Diamond Industry
Jun 25, 2015The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses ...
Tags: diamond industry, mining
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The World Diamond Conference That Took Place Last Week in New Delhi
Dec 22, 2014The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
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A Diamond Is Forever, But The Diamond Industry Will Continue to Change
Oct 11, 2014De Beers is talking about change, urging the trade to be proactive in dealing with a persistently uncertain and volatile market environment. While the company has directed its message to the diamond industry at large, and specifically to ...
Tags: diamond industry, diamond
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The Opening of The Ghaghoo Diamond Mine
Oct 11, 2014The opening of the Ghaghoo diamond mine, located in Botswana’s Central Kalahari Game Reserve (CKGR), that took place this week was not only a significant milestone for the mine’s owner Gem Diamonds, but also for the country ...
Tags: diamond mine, diamond
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India May Be on Verge of Surrendering Its 'manufacturing Leadership' to China
May 24, 2013Indian government may have been trying hard to acquire a ‘Global Diamond Trading Hub’ status for its diamond industry on one hand but on the other hand if some figures are to be believed, it may be on verge of surrendering its ...
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The Members of KP Came Under Pressure When WDC Reiterated Its Backing for The Initiative
May 17, 2013The members of Kimberly Process (KP) who are opposing a proposal to redefine ‘Conflict Diamonds’ once again came under pressure when the World Diamond Council (WDC) recently reiterated its backing for the initiative. It ...
Tags: KP, Conflict Diamonds, Arts&Crafts
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The Sluggishness Continues to Eclipse India's Gem & Jewellery Sector
May 14, 2013The sluggishness in economies of the US and European countries continues to eclipse India’s Gem & Jewellery sector as the annual export-import figures of 2012-13 recently declared by the Gem & Jewellery Export Promotion Council ...
Tags: G&J Sector, jewelry
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Production Has Been Consistently Going Down Past Many Years and as a Result India's DTC
Apr 23, 2013Production by the world's largest diamond producer De Beers has been consistently going down past many years and as a result now India's DTC (Diamond Trading Company, rough diamond distribution arm of De Beers) sightholders are facing acute ...
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GJEPC Published Figures Showing Overall G&J Exports Fell to $38.3 Billion in 2012
Feb 10, 2013India’s Gem & Jewellery (G&J) sector witnessed another volatile year with weaker rupee and sluggish global economy adding more agony to its exports which declined by 17.09% in dollar terms and 4.65 per cent in rupee terms in 2012. ...
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Diamond Miners Would Struggle to Keep Pace with Growing Consumption
Jan 30, 2013With diminishing diamond production in the aging mines globally on one hand and ever-increasing demand world-wide on the other, the industry would struggle to keep pace during 2013 with growing consumption in emerging economies like India ...
Tags: Diamond, Miners, Growing Demand
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