ALROSA reports its November 2021 diamond sales results
ALROSA reports preliminary rough and polished sales results for November 2021.
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Kimberley Process adopts framework for “responsible sourcing”
While the recent Kimberley Process (KP) plenary didn’t make progress on one long-sought-after goal—widening the KP’s definition of conflict diamonds—it did pass a nonbinding declaration pushed by host country Russia that spells out the basics of “responsible diamond sourcing.”
In new campaign, GIA emphasizes emotion over education
The untitled marketing campaign tells consumers GIA has graded some of the most important diamonds in the world, including theirs.
Should Zimbabwe be made Kimberley Process Chair?
The recent Kimberley Process Plenary in Moscow featured—as expected—mostly familiar squabbles and an all-too-familiar lack of progress. But the famously fractious certification scheme greeted the most surprising announcement—Zimbabwe’s bid to be named vice chair, the traditional stepping stone to becoming chair—with an also-surprising lack of dissent.
Alrosa prunes client list for 2022
Alrosa has trimmed its roster of long-term clients for the miner’s new contract period, which will go into effect on January 1.
Miners’ year-over-year sales dip in October, November
Some question if the rough market is cooling off even as diamond jewelry sales to end consumers remain strong.
Two marketing strategies and a big jackpot
In the industry discussions on the role and prospects of synthetic diamonds (SDs) and their advantages and disadvantages in comparison with natural diamonds (NDs), it is always emphasized that SDs comparable in characteristics are much cheaper (at least by 50%) than NDs.
Podcast: Behind De Beers’ strategy
The digital drive influencing the diamond industry is only going to intensify, stressed Neil Ventura, the company’s vice president of strategy and innovation, urging the trade to embrace these developments or risk being left behind.
Ekati owner sees underwater mining as site’s future
Arctic Canadian Diamond Company is working on technology that will enable it to begin underwater remote mining (URM) in an effort to extend the life of its Ekati deposit.
US Holiday jewelry sales predicted to rise 40%
After a roller coaster 2020, 2021 continued the upswing in jewelry sales to a degree few if any expected. Sales in October rose 37%, and we expect holiday jewelry sales to top that and close a fantastic year for the industry.
De Beers opens new flagship store in London
De Beers Jewellers, the diamond giant’s retail chain, has opened up a new flagship store at 45–50 Old Bond Street in London.
Guess which other jeweler brings the heat in ‘House of Gucci’?
You knew there were going to be piles of Bulgari in House of Gucci, the recently released film from Ridley Scott. And Lady Gaga (as Patrizia Reggiani, aka Signora Maurizio Gucci) is indeed draped in jewels from the famed Italian jewelry design house, all pulled from its heritage and high jewelry collections.
