Rough prices set for slump – analyst
Rough-diamond prices are likely to fall 5% this year as weakness in the industry continues, Panmure Gordon analyst Kieron Hodgson has predicted.
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India introduces 8 digit HS code for synthetic rough diamonds
Press release – India has become one of the early adopters of distinct HS Codes for both rough and polished synthetic diamonds with the Hon’ble Finance Minister Smt Nirmala Sitharaman introducing an amendment to create a separate 8 Digit code for laboratory-grown rough diamonds
Global diamond production value rises
Global rough-diamond output grew 2% to $14.47 billion last year, reflecting higher production in Botswana, according to data the Kimberley Process (KP) released last week.
Truth matters
Much has been said about the relative merits of natural diamonds and laboratory-grown diamonds (LGDs) when it comes to their environmental impact. The DPA published in May a report produced by TRUCOST ESG Analysis, part of S&P Global, which quantified the annual socio-economic and environmental impact of the DPA members’ diamond mining activities
Goodbye, IIGDR: De Beers has renamed its grading lab
De Beers’ grading lab—formerly known by the unwieldy name, the International Institute of Diamond Grading & Research (IIDGR)—has been rechristened De Beers Group Industry Services, spokesman David Johnson tells JCK.
Stop buying rough
The prevailing panic surrounding the rise of lab-grown diamonds is overshadowing the bigger challenge facing the diamond market: There is no profit in the trade.
Why the market for large diamonds is in free fall ? 4 factors are driving the slowdown
As the who’s who in the glitzy world of high-value diamond auctions gathered in Geneva in May, there was an understated tone to this year’s pilgrimage to the Swiss city.
Brent Eiseb, NDTC’s new Chief Executive Officer, sets his goalposts
Brent Eiseb, a 24-year veteran of the diamond industry who has risen through the ranks of the Namibia Diamond Trading Company (NDTC) who was recently appointed as its new Chief Executive Officer, gave an extensive interview to the Windhoek Observer
De Beers cuts prices as rough sales slide
De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
De Beers identifies new kimberlite indicator
The discovery of a new source-rock indicator for diamond formation has the potential to help geologists locate and identify valuable diamond deposits around the world, a study by the University of Alberta and De Beers shows.
De Beers rough diamond sales for Cycle 5, 2019
Presse release – US$390 million (provisional)
Lifting the artisanal stigma
The wider diamond world is engaging with the small-scale mining sector and taking steps to encourage better standards.
