Rough diamond sales rise again for De Beers
Sales were up 36 percent year-over-year in June and are pacing 24 percent ahead of last year at this point.
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103ct. flawless diamond fetches $20M at Christie’s
A diamond weighing more than 100 carats smashed its high estimate at Christie’s New York Wednesday [June 8], raking in $20 million.
Year of the lab grown? Full analysis in IDEX’s 2021 Pipeline Report
This year could prove to be a tipping point for lab growns, say IDEX Online’s expert analysts in their new 2021 Pipeline report.
De Beers lifts prices of smaller diamonds
De Beers raised prices of smaller rough diamonds at its June sight in response to a strengthening market for that category.
India in push to capture lab-grown Market
The Indian jewelry trade is calling on the government to invest in the lab-grown diamond industry, noting the sector could contribute up to 150 million carats of polished a year.
De Beers Group rough diamond sales for cycle 4, 2022
Press release – De Beers Group [announced May 18] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the fourth sales cycle of 2022.
State of the diamond industry: Where does supply go from here?
The 2008 economic crisis, COVID-19, and sanctions on Russian goods have set the stage for an interesting decade for natural diamond supply.
De Beers’ rough sales up 21% so far this year
De Beers Group continues to see strong demand for rough diamonds, with 2022 sales pacing 21 percent ahead of last year.
Debswana appoints new managing director
Debswana Diamond Co., the diamond mining company jointly owned by the government of the Republic of Botswana and De Beers Group, has named Andrew Maatla Motsomi managing director for the next five years.
Record-setting diamond doesn’t fetch record price
On Wednesday [Mai 11], the largest white diamond ever to come for auction—a 228.31 ct. G VS1 pear-shape it dubbed The Rock—didn’t set any records at the Christie’s Magnificent Jewels auction in Geneva.
Are the Russian diamond sanctions working?
There’s been a lot of talk about how current sanctions language allows for Russian diamonds “substantially transformed” (i.e., cut and polished) elsewhere to enter the United States—which, some say, makes current regulations “worthless.”
Fancy-color price index rises as pinks shine
Prices of fancy-color diamonds grew 1% in the first quarter compared with the previous three months amid strong market for pinks, according to the Fancy Color Research Foundation (FCRF).
