The World Diamond Council (WDC) held a virtual Annual General Meeting on 19th October, 2020, featuring guest speakers David Prager, Executive Vice President Corporate Affairs of the De Beers Group, and Edward…
IN FOCUS
Rio Tinto’s third-quarter diamond production fell 8% year-on-year to 4.2 million carats on account of lower grades at the soon-to-be-closed Argyle mine. For the quarter that ended 30th September, 2020, carat production…
Alrosa, the world’s biggest diamond producer, reported that its proceeds from rough and polished diamond sales in Q3 came in at $589 million (a 6.8x increase quarter-on-quarter and down 4% year-on-year), including…
As gold prices shoot up, demand for traditional jewellery in the bridal segment is reaching a new high. In the last six months or so, there have been no weddings and now…
Gold-backed ETFs and similar products (gold ETFs) recorded their tenth consecutive month of net inflows during September, matching equivalent stretches in 2008 and 2016, reported the World Gold Council (WGC). Gold ETF…
The Covid-19 situation has been particularly harsh on certain marginalised sections of our community such as the migrant workers. Taking a step towards helping the migrant workers, Platinum Guild India has joined hands…
Diamond market sentiment improved in September as jewellers started to prepare for the fourth-quarter holiday season, according to a Rapaport press release. Optimism was tempered by a continued rise in global Covid-19…
De Beers has launched ReSet, a series of collaborations with jewellery designers to engage in conversations around sustainability and to offer a fresh perspective on the positive impact of natural diamonds. The…
The National Union of Mineworkers (NUM) in South Africa will embark on protected strikes at De Beers and Petra Diamonds after failing to reach a wage settlement with the companies at the…
De Beers’ fourth Diamond Insight ‘Flash’ report looks at how diamond jewellery design trends for the upcoming gifting season are expected to be influenced by how consumers are feeling in response to…