This emerald and diamond necklace just fetched $7M at auction
A special necklace led the Christie’s Hong Kong Magnificent Jewels auction on Nov. 29.
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De Beers aims for full traceability by 2030
De Beers has pledged to provide the origin and impact of all its diamonds by 2030 as part of a plethora of sustainability goals it has set out for the coming decade.
Five countries lead diamond supplies to the US
Diamond supply to the US comes from all over the world. As the world’s largest diamond consumer market, the US is the country that imports the most diamonds – more than $400 billion worth of polished diamonds in the last 30 years.
“Our Diamonds for Our Future” contest comes out with results
Press release – The “Our Diamonds for Our Future” contest, a creative competition for children and adolescents announced by the Rough&Polished industry news agency with the participation of AGD Diamonds has come to its end.
Engagements driving diamond jewellery demand this holiday season
Press release – De Beers Group’s latest Diamond Insight ‘Flash’ Report highlights US jewellers have noted increased rates of couples getting engaged during the pandemic.
Lab grades its largest CVD Diamond
The International Gemological Institute’s (IGI) Hong Kong laboratory has graded a 12.75-carat synthetic diamond, the largest chemical vapor deposition (CVD) stone it has ever received.
De Beers buys Petra Blue Diamonds for $40M
De Beers has purchased five rough blue diamonds from Petra Diamonds for more than $40 million in partnership with one of its sightholders.
Tiffany’s Q3 buoyed by online, Asia-Pacific sales
Tiffany & Co.’s worldwide sales showed signs of hope in the third quarter, bolstered by a strong performance in the Asia-Pacific region and soaring online sales.
Looking like a happy holiday, forecasters say
Holiday sales will likely rise between 3.6% and 5.2% this year, though the continuing spread of COVID-19 still poses risks to retail, the National Retail Federation said in its annual holiday forecast.
Luxury sales won’t recover for two years – Bain
Sales of personal luxury goods will fall 23% this year, the first decrease since 2009, and are unlikely to recover for at least two years, Bain & Company predicted.
De Beers Group shuffles departments with focus on social responsibility
De Beers Group is shuffling up some of its key departments in an effort to show the diamond mining and jewelry company is focused on promoting its corporate social responsibility measures.
Mining companies and local communities: the balance of give and take
Most mining companies often clash with the local communities whenever they intend to establish a new mine that leads to their relocation.
