A happier year ahead?
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011.
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Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011.
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other strong candidates for the title.
The 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.
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.
Q&A with Marcel Pruwer, President of the Antwerp Diamond Bourse.
Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping season.
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.
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.
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season.
The diamond industry must change. Everywhere, everybody is saying the same thing, so nobody can doubt that it must be so.
Nothing should have surprised the diamond sector about KBC’s announcement that it is closing down the operations of the Antwerp Diamond Bank (ADB). It was not just the many rumors in the Antwerp and global markets in the week before the announcement or the news report about it in a local daily that should have […]
The audience in the large space where auctions are held tends to be tense, excited, curious and worried when an exceptional item is on the stand and the auctioneer is soliciting ever-higher bids.