Rio Tinto now sole owner of Diavik diamond mine
Rio Tinto has become the sole owner of Diavik Diamond Mine in Canada’s Northwest Territories, after the ownership transfer was approved by the Court of Queen’s Bench of Alberta.
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Richemont’s H1 buoyed by watch, jewelry sales
Sales in both categories surpassed pre-pandemic levels in the first half.
New research highlights generational shift in attitudes towards provenance of luxury goods
Press release – Younger generations more interested in ethics and sustainability as the new status in luxury and are prepared to pay a premium for this.
ALROSA consolidates its ranking in the 2021 S&P Global Corporate Sustainability Assessment
Press release – ALROSA has confirmed its commitment to sustainability by improving its score in the S&P Global Corporate Sustainability Assessment 2021, one of the most renowned ratings for corporate sustainability worldwide. ALROSA improved its company score from 34 in 2020 to 44 in 2021, raising its percentile ranking from 43 percent in 2020 to […]
De Beers announces a new global campaign celebrating commitment and purpose
Press release – De Beers announces a new global campaign centred on commitments to ourselves, to one another and the wider world. It marks a fresh, purpose-led brand strategy and new chapter in the company’s 133 year long history.
ALROSA reports its October 2021 diamond sales results
ALROSA reports preliminary rough and polished sales results for October 2021.
Jewelers: early Holiday shoppers picking up diamonds and personalized gifts
Determined to shop early, gift-giving consumers are picking up everything from personalized necklaces to diamond tennis bracelets to holiday-themed charms in hopes of crossing off items on their wish lists before the crowds build and inventory diminishes.
WDC President expresses cautious optimism at close of 2021 KP Plenary, citing the KP’s progress in welcoming the Principles for Responsible Diamond Sourcing
Press release – WDC President Edward Asscher struck a positive tone in a statement made at end of the Closing Session of the 2021 Kimberley Process (KP) Plenary on November 12, noting that he was encouraged by the KP’s constructive discussions and its welcoming of a Declaration on Supporting Principles for Responsible Diamond Sourcing as […]
Marange diamond protests: What the industry should know
A company called Anjin is mining in Zimbabwe again, stirring up protests among area residents that resulted in 29 arrests.
Lower rough supply driving greater efficiency
Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply.
Now is the time for action on expanding conflict diamonds definition,WDC President tells delegates at start of 2021 KP Plenary
Press release – Speaking to the full assembly of delegates during the Opening Session of the 2021 Kimberley Process (KP) Plenary, World Diamond Council President Edward Asscher has reasserted the need for Kimberley Process members to agree to expand the conflict diamond definition in order to support long-term consumer confidence.
Fancy-Color price index climbs in third quarter
Prices of fancy-color diamonds rose 1.1% year on year in the third quarter, rebounding from a long depression caused by the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said.
