Podcast: with special guest Eira Thomas
Lucara Diamond is looking for acquisition opportunities, as the industry currently lacks an investable, mid-tier mining company, CEO Eira Thomas told the Rapaport Diamond Podcast.
The R&M “Lettre”
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Diamond manufacturing: the long-term India story remains intact
Investment in infrastructure, technology and talent help India consolidate its leadership in the global diamond industry.
The diamond origin dilemma
Russia’s invasion of Ukraine is another defining moment for the diamond industry.
US bans import of Russian diamonds
The Jewelers Vigilance Committee has shared updated guidance on the executive order, which was issued Friday [March 11] .
Only Natural Diamonds names first editor
The Natural Diamond Council (NDC) has appointed Sam Broekema as editor in chief of Only Natural Diamonds, the organization’s consumer-facing website.
Ukraine crisis leaves diamond industry vulnerable
Several scenarios could play out for the diamond industry as a result of Russia’s invasion of Ukraine. While it’s too early to understand the full impact of the crisis, the longer it goes on, the deeper its effect will be on the market.
U.S. sanctions target Alrosa and its CEO
On Thursday [February 24], the U.S. Treasury announced a long list of sanctions against Russia, with some taking aim at state-owned diamond miner Alrosa and its CEO, Sergey S. Ivanov.
Crazy, scarce rough
The diamond market is in a Mexican standoff, one diamantaire observed with an air of bewilderment in a conversation [during the week of February 21]. No one knows who’s going to move first — buyers who have orders but lack urgency or suppliers who are at times unwilling to sell because they expect to get […]
A seller’s market
Miners can’t deliver product fast enough as US retail demand strengthens, driving up diamond prices.
Here comes … a lot of couples getting married
The number of weddings is expected to near 2.5 million in the United States this year, a number not seen since 1984.
Diamond price “correction” unlikely this year, report says
The much-talked-about “readjustment” in skyrocketing diamond prices is not likely to happen this year, according to a new report from Bain & Co., sponsored by Antwerp World Diamond Centre.
Exit interview with De Beers exec Stephen Lussier
[During the week of January 17], Stephen Lussier, De Beers’ longtime head of marketing, announced he was retiring after 37 years with the company. (He’ll remain a consultant to De Beers and chair of the Natural Diamond Council.)
