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Press release – ALROSA, the largest diamond mining company in the world, took the second place in the final rating of the fundamental (environmental and energy) efficiency of the 150 largest companies in Russia and Kazakhstan operating in the real economy.
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India’s Gem & Jewellery Export Promotion Council.
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under the chairmanship of India.
HRD Antwerp will open a diamond-jewelry grading laboratory in Dubai’s Almas Tower through a partnership with retailer Stargems Group.
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Press release – ALROSA presented the results of its global luxury and jewelry market research for Q3 of 2018.
India increased its dominance in cutting and polishing last year due to relatively low costs that gave it a competitive advantage over China, according to Bain & Company.
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing.
Ever since 2003, after the Kimberley Process (KP) went live, World Diamond Council (WDC) has required that all natural diamonds have the following wording stamped on their invoice:
Production of lab-grown diamonds has risen dramatically and will continue to do so, though their prices will likely continue to fall, said a new report from Bain & Co.
