De Beers reported rough diamond sales (Global Sightholder Sales and Auctions) of $450 million for the ninth sales cycle of 2020, which was 12.5% higher than the $400 million achieved a year…
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De Beers announced it is combining its London-based Consumer & Brands and Corporate Affairs teams into a new single unit – Brands & Consumer Markets – to sharpen its focus and investment…
Canada-headquartered diamond miner Lucara Diamond Corp. recovered an unbroken 998-carat high white clivage diamond from its 100% owned Karowe Diamond Mine located in Botswana. The diamond, measuring 67x49x45mm follows a notable series…
Alrosa said sales of rough and polished diamonds in October totalled $310.0 million, including proceeds from rough diamond sales of $299.3 million, and polished diamond sales of $10.7 million. For the year-to-date,…
Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said…
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…
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…