De Beers said in its 2020 Diamond Insight Report that the monthly sentiment surveys with US consumers from March to August, had provided three clear findings, namely: consumers are adapting to the…
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Lucara Diamond Corp. entered into an agreement with luxury goods group Louis Vuitton and HB Antwerp, a European diamond manufacturing and technology company, for collaborating on the planning, cutting and polishing of…
Gold-backed ETFs and similar products (gold ETFs) recorded their 11th consecutive month of net inflows during October 2020, matching the record number of positive monthly flows set in April 2006, the World…
Hong Kong-based jewellery retail giant Chow Tai Fook Jewellery Group Limited has developed its own AI Diamond Grading Certificate powered by state-of-the-art artificial intelligence (AI) and blockchain technology. The company stated: “This…
The diamond market continued to improve in October as holiday orders picked up, according to a Rapaport press release. Supply shortages helped buoy prices of 1 carat and larger stones. However, the…
After 37 years of operations and having exhausted its economic reserves, the iconic Argyle mine in the remote east Kimberley region of Western Australia has celebrated its final day of mining. Arnaud…
India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its lowest annual gold consumption on record, according to…
Petra Diamonds Limited reported that its Q1 revenue increased 33% to $82 million owing to the release of inventory carried over from Q4 FY 2020 and an increase in diamond prices following…
Alrosa’s first auction for special size rough diamonds (over 10.8 carats) that was held in Dubai since the beginning of the pandemic, earned the company a total of $8.7 million. The auction,…
The National Diamond Council (NDC) continued its association with India’s premier fashion platform, Lakmé Fashion Week (LFW), to support its first ever digital season that ran from 20th-25th October 2020. The NDC…