Recycled diamonds, is the party over?
Depending on where you are in the diamond value chain, recycled diamonds are either a great way to make money, or a pain to earnings and margins.
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Will the Shenzhen and Hong Kong fairs, in March, be good indicators of the Chinese market?
The 12th “China International Gold, Jewellery & Gem Fair” will open its doors in Shenzhen, from February 26 to March 1, 2014. It will be followed by the “Hong Kong International Diamond, Gem & Pearl Show” from March 3 to March 7. Could this be a way to sound out the Chinese market?
Recycled diamonds: a new opportunity for the market?
Who would think anyone might want to exchange their diamond engagement ring – or a ring that belonged to their mother, grandmother, or aunt? This seems to contradict the famous slogan “A Diamond is Forever” or the current trend of considering diamonds as new highly prized investments…
Debunking the fallacies
A few days ago, I got an email from a freelance reporter working on a story for a very well-known and respected daily newspaper. She had a few questions about the diamond industry and mentioned as a matter of fact the “death tolls” of the diamond industry.
Diamond mining mergers
The diamond mining sector tends to go through waves of acquisitions. The last round saw Dominion Diamond Corporation and Petra Diamonds emerge as high-volume producers as they snapped up mines that were for sale at BHP Billiton and De Beers respectively.
Mining, retail and the elusive Margins
Results from the just concluded 2013 are slowly coming in and they are providing a mixed view of the year.
Varda Shine – “Sightholders and the ITO will remain at the heart of the De Beers business”
No need to introduce Varda Shine to the diamond professionals! About to embark on her new life, the iconic Executive Vice President of Global Sightholder Sales at the DTC has agreed, for www.rubel-menasche.com, to go over her career within De Beers.
Rubel & Ménasché achieves Responsible Jewellery Council certification for the 2nd time
The Parisian diamond dealer Rubel & Ménasché has been awarded the RJC Certification for the 2nd time.
Global economic growth
The diamond industry is encouraged by prospects of stronger economic growth in 2014. The year has started with positive sentiment in the polished market and steady activity in rough that has brought renewed optimism to the trade.
Are rare diamonds a godsend?
At the end of a sluggish year 2013, amidst the pressure on rough prices, the tightening liquidity, the drop in polished prices and the weak margins, only rare diamonds managed to stand out…
A 29.6-carat rough blue diamond found in Cullinan mid-January
In a press release dated January 21, 2014, Petra Diamonds announced that it had recovered an exceptional 29.6-carat blue diamond from its Cullinan mine in South Africa.
Backing the right horse
Expectations are rising for the Chinese New Year even as China’s economy is projected to gallop at a slower pace in 2014. Despite the lower economic forecasts, the diamond industry should view developments in China with optimism rather than the cautious outlook many economists hold for the coming “Year of the Horse.”
