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Dear readers, This week’s Lettre is packed full of exciting information! Among other things, we have published the rich and engaging discussion between Bruce Cleaver, outgoing CEO of De Beers Group, and Lefoko Moagi, Botswana’s Minister of Mineral Resources and Energy, interviewed by Edhan Golan, at the AWDC’s Facets 2022 conference.
After Dior, Vuitton, Fendi, Chanel and Van Cleef & Arpels, it is the turn of Bvlgari, Pomellato and Cartier to present their talent. The most classical themes in fine jewelry, such as the wonders of nature, gardens and the world, are revisited here in designs which conjure up spectacular results. The very nature of the […]
The diamond industry is facing contrasting trends at the start of the important fourth quarter. US jewelers are optimistic for the holiday season, but the trade is staying cautious amid the economic slowdown.
Botswana’s Minister of Minerals and Energy Lefoko Moagi and De Beers’ CEO Bruce Cleaver set with Edahn Golan for an interview at the opening of AWDC’s Facets 2022 conference.
Belgium’s parliament has voted in favor of a new banking law, paving the way for easier access to financial services among Antwerp’s diamond dealers.
Arctic Canadian Diamond Company has unearthed a 71.26-carat rough, which it claims is the largest fancy-vivid-yellow diamond ever found in Canada.
Presse release – Bruce Cleaver to become Co-Chairman of De Beers Group.
The European Union is proposing a fresh package of restrictions on Russian goods but is leaving diamonds untouched, according to the Politico news website.
Rough diamond sales totaled $500 million, up only about 2 percent year-over-year and down 22 percent from the previous sales cycle.
Jewelry with lab-grown diamonds has comprised around 10% of U.S. diamond engagement ring sales so far in 2022, according to data provided by industry analyst Edahn Golan at Facets 2022, the recent conference held by Antwerp World Diamond Centre.
Press release – De Beers Group announced [October 5] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2022.
It is looking like a solid holiday for natural diamonds, and while gem sales may fall from 2021, the industry will still probably end up way ahead of where it was pre-pandemic, says industry analyst Paul Zimnisky.
