De Beers Group rough diamond sales for cycle 5, 2022
Press release – De Beers Group announced [June 22] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the fifth sales cycle of 2022.
The R&M “Lettre”
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Russia is ‘Elephant in the Room’ as KP session ends
The status of Russian diamonds was the main point of contention at the recent Kimberley Process (KP) intersessional in Botswana, which closed Friday [June 24] amid a stalemate over the issue.
Market facing rough times
As Western governments and numerous consumers boycott Russian goods, scarcities look inevitable.
New realities: state of the diamond industry
The diamond industry is undergoing fundamental disruption as political, economic and social forces break the supply chain, reduce demand, and shift consumer attitudes. We are heading into a perfect storm with new realities, challenges, and opportunities.
The man who keeps talking about Russian diamonds
Continuing my resolution to speak to more people I don’t entirely agree with, I was happy to chat at JCK Las Vegas with Tom Neys, head of media relations for the Antwerp World Diamond Centre (AWDC).
Should we still be talking about lab-grown diamonds and prices?!
Dear readers, In our Lettre this week, we take our fill of the news and hot topics currently affecting our industry: ethics and CSR with BIPOC designers; the latest news from the major institutions such as the RJC; marketing or jewelry trends from the NDC to Tiffany & Co.; innovations in the GIA’s certification methods, […]
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.
Richemont, Kering return to RJC
Richemont and Kering have rejoined the Responsible Jewellery Council (RJC) after withdrawing their brands over the Russia controversy, according to the standards organization’s chairman.
Civil society calls to suspend Russia from Kimberley Process
The Civil Society Coalition is urging the Kimberley Process (KP) to take a stand against Russian diamonds and own up to the fact that its current definition of conflict diamonds is not broad enough.
De Beers Group reports on progress towards achieving 2030 sustainabilty goals
Press release – Building Forever 2021 sustainability report shows strong progress following first full year since announcing the 12 goals.
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.
Webinar: A Russian awakening
After a year of prosperity in 2021, the trade is dealing with uncertainty related to the Russia-Ukraine conflict, as well as continued Covid-19 shutdowns in China and economic caution in the US.
