Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Lucara Diamond Corp. has recovered a massive diamond weighing 1,094 carats from its Karowe mine in Botswana, the second over 1,000 carats in the last month. The “extraordinary” stone was detected during the processing of kimberlite from the EM/PK(S) portion of Karowe’s south lobe, known for yielding large, high-value diamonds, Lucara said Monday. The diamond […]
Rio Tinto has installed a 3.5 megawatt capacity solar power plant at the Diavik diamond mine to minimize its footprint in the lead-up to the deposit’s closure. The Canada-based facility, which boasts 6,620 solar panels, will reduce diesel consumption at the mine by 1 million liters per year and cut greenhouse gas (GHG) emissions to […]
Factories focus on melee amid slump in demand for larger sizes. The Indian diamond industry has a habit of using vacation seasons to reset the market. The main time for this is Diwali, when factories shut down for longer or shorter stints depending on demand levels. August is a less significant closure period, but it […]
Tiffany & Co. has teamed up with the CFDA to present American jewelry designers with a new award. Inclusivity, excellence and innovation are the key criteria used to select the winner. Tiffany & Co. x CFDA Jewelry Designer Award While Cartier’s “Talents Horlogers de Demain” prize honors young apprentice watchmakers from Switzerland, France and Germany, with applications […]
Van Cleef & Arpels has always seen enriching and showcasing its heritage as an essential mission. The Maison presents the treasures of its heritage in a superb, recently published book entitled ‘The Van Cleef & Arpels Collection (1906-1953)’, with a forthcoming second volume covering the 1954-2000 period. The Van Cleef & Arpels Heritage Collection was […]
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has issued two general licenses that will allow the import of previously banned “grandfathered” diamonds in the United States. The term “grandfathered” refers to rough or polished diamonds that were mined in Russia or whose origin cannot be determined, but were purchased prior to the implementation […]
Rubel & Ménasché is notable for its commitment to solutions that respect the environment and human values. The Maison firmly believes in transparency and strives to promote and share best practices in the profession, so that we can move towards a sustainable future together. To achieve this vision, it has invested significant human and financial […]
Panelists at RapNet event highlight provenance challenges. One of the ongoing questions in the diamond industry is whether shoppers care about the source of the stones they buy. For Olivia Landau, CEO of online natural-diamond retailer The Clear Cut, the problem is more fundamental. “Everyone just assumes that natural diamonds come from one place, and […]
Louis Vuitton unveils the campaign for its new High Jewelry collection ‘Awakened Hands, Awakened Minds,’ embodied by Louis Vuitton Ambassador, Ana de Armas. The new Louis Vuitton campaign comprises three visuals, one of which reveals the most astonishing diamond of all the high jewelry collections presented in June. This colored diamond is extremely rare, not […]
It is rare to find photographs of ‘rough diamonds’ of a fine jewelry quality on the internet. Rough diamonds are stones in their natural state as they are found in the earth before being cut and polished to become the jewels that you know. Rubel & Ménasché is proud to present an exceptional photo to […]
The Antwerp World Diamond Centre (AWDC) has reelected Isidore Mörsel as president of its board, following a brief first term at the helm. The AWDC first appointed Mörsel, the CEO of Dali Diamond Company, in October, to succeed David Gotlib, who resigned in September. The organization held its board elections two weeks ago, it said Friday. He will serve […]
The natural diamond industry navigated a challenging 2023. Demand was impacted by the bridal catch-up effect after COVID-19 restrictions eased, macroeconomic headwinds, and increasing demand for lab-grown diamonds (LGDs), particularly in the US. In addition, short-term supply was affected by changes in midstream and downstream stock levels. This resulted in a weakening of the value […]
