BNR’s Big Five
De diamant is het symbool van luxe en exclusiviteit, maar de vraag naar diamanten verandert snel. In India en China worden goedkopere stenen geslepen, en in laboratoria worden diamanten gemaakt die bijna niet meer van echt te onderscheiden zijn. Taxateur Tali Goldstoff haalt de echte briljanten eruit en plakt er een prijskaartje op.
Luister op dinsdag 11 juni om 10.00 uur live naar BNR’s Big Five van de Diamanthandel met Tali Goldstoff.
Diamond Prices Are in Free Fall in One Key Corner of the Market
De Beers has been forced to slash prices aggressively for one of its benchmark products.Read more
Dundo – The geological-mining operations carried out in some mines of Angola have confirmed that there are around 810 million carats of diamonds in reserves.
MUMBAI: A report has flagged that not all lab-grown diamonds are sustainable and that they need tremendous amounts of energy—requiring a temperature close to 20% of that of the sun’s surface—for productionRead more
WASHINGTON – Consumers plan to spend a total of $35.7 billion on Mother’s Day this year, nearly $4 billion more than last year’s record high of $31.7 billion, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Eighty-four percent of U.S. adults are expected to celebrate the holiday.Read more
De Beers is confident of maintaining its long-standing partnership with Botswana, a company official told Reuters on Thursday, but said some of the negotiations to agree new terms were complex.Read more
Prices of fancy-color diamonds grew in 2022, led by strong demand for yellows, which saw a rise in every category, according to the Fancy Color Research Foundation (FCRF).Read more
WASHINGTON – A record 196.7 million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.Read more
Inflation didn’t deter US shoppers on Black Friday, as total retail sales beat expectations and online spending reached an all-time high.Read more
Rio Tinto has forecast a sharp drop in rough-diamond output for next year as the Diavik mine edges closer to depletion.
Fashion brand Louis Vuitton has teamed up with Aura Blockchain Consortium to provide blochchain-powered provenance for its LV Diamonds Collection, coming with a first of its kind LV Diamond Certificate.Read more
Marcos Orellana, the UN’s special reporter on toxics and human rights called for an end to mining, exporting and trading mercury, as well as a ban on the use of mercury in small-scale gold mining in a presentatio before the United Nations Human Rights Council on Sept.20.Read more
Cartier, the French maker of upscale watches and jewelry, plans to open as many as 10 stores in the US in the coming years — another sign that European luxury brands are betting American demand will remain robust.Read more
The IDEX Polished Price Index suffered another month of steady decline during August, down by 2.31 per cent.Read more
RAPAPORT… US jewelry sales rose in July, driven by strong demand and consumers’ desire to spend on products that made them happy, according to Mastercard SpendingPulse.Read more
While De Beers—and the jewelry industry as a whole—have enjoyed a strong first half of 2022, the company feels a lot more cautious about the second half, CEO Bruce Cleaver (pictured) told JCK in an interview Friday, a day after the release of De Beers’ first-half financial results.
June 16 (UPI) — The 100-plus carat Juno diamond was auctioned Thursday in New York by Sotheby’s, bringing in over $12.9 million.Read more
Lab-Grown Diamonds Can’t Fill Melee Shortage, Panel Says
While the natural diamond business is currently having issues sourcing melee, a JCK Las Vegas panel said the industry shouldn’t expect lab-created diamond producers to fill the gap.Read more
About 250,000 workers employed at Surat’s diamond polishing and cutting units have been asked to go on leave for 15 days from May 16, as the supplies of rough stones from the biggest diamond miner, Alrosa, which is partially owned by the Russian government have been frozen amid the Russia-Ukraine conflict.Read more
The rich are getting richer, and it’s a boon for the luxury industry, according to Valentino Chairman Rachid Mohamed Rachid.Read more
(IDEX Online) – Signet says it’s braced for more weddings this year than any time in the last 40 years, as couples finally exchange their vows after the Covid pandemicRead more
Endiama, which holds the exclusive concession for diamond mining rights in Angola, has already flagged an almost one-third reduction in diamond output this year.Read more
RAPAPORT… The Fuchsia Rose diamond surpassed its presale estimate at Christie’s New York on Wednesday, achieving $6.78 million in the Magnificent Jewels auction.Read more
April 14, 22
(IDEX Online) – De Beers reported rough sales of $565m from its third sight of 2022 – up 26 per cent year-on-year.Read more
The global lab-grown diamonds (LGD) market size was valued at $19.3 bn in 2020 and is projected to reach $49.9 bn by 2030, registering a Compound Annual rate Growth (CAGR) of 9.4% from 2021 to 2030.
RAPAPORT… Titan Company has shelled out $20 million to invest in e-commerce lab-grown diamond business Clean Origin, its first foray into the synthetics sector.Read more
No one had really believed it. Neither did I.
But once I stepped into the main ballroom of Dubai’s Atlantis The Palm, I realized it was so: the fifth edition of the Dubai Diamond Conference (DDC) had no seat to spare. Sold out, as reported.
De Beers Cullinan Blue, a 15.10 ct fancy vivid blue diamond, is expected to sell for around $48 mn at Sotheby’s Hong Kong.Read more
Swiss watch exports rose strongly in January as US demand supported the sector amid a downturn in orders from China.Read more
ASX-listed Lucapa Diamond Company has received a 2021 interim dividend payment of A$5-million, or $2.6-million, from its 40%-owned and wholly operated alluvial mining company Sociedade Mineira Do Lulo (SML), based in Angola.Read more
Pandora A/S will make a jewelry line based on the superheroes of the Marvel universe under a new license deal with Walt Disney Co.’s comic book division.Read more
(IDEX Online) – Recovering demand for diamonds has boosted Botswana’s real GDP, which rose 8.4 per cent in Q3 of 2021, year-on-year.Read more
De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems.Read more
RAPAPORT… Just like the virus itself, the diamond industry’s recovery from the Covid-19 downturn has come in waves.Read more
JOHANNESBURG, Dec. 16, 2021 (GLOBE NEWSWIRE) — Diacore is pleased to announce the purchase of an exceptional 32.32 carats pink rough diamond for $13.8 million. The diamond has originated from the Williamson mine in Tanzania.Read more
GABORONE, Dec 17 (Reuters) – De Beers Group said on Friday it has extended by six months a 10-year agreement with Botswana for the sale of rough diamonds from their jointly owned venture, giving both parties more time to negotiate a new contract.Read more
RAPAPORT… Jewelry was one of the most popular purchases during what proved to be a buoyant season for retail demand, according to Mastercard SpendingPulse.Read more
Alrosa (MCX: ALRS), the world’s top diamond miner by output, said on Tuesday the industry had “fully recovered” from the covid-19 pandemic as a structural production decline paired with growing end-user demand are pushing prices past levels reached in 2019.Read more
(IDEX Online) – Alrosa reports a drop of 20 per cent in rough diamond sales (quarter-on-quarter) – and a rise of 22 per cent in its gem quality price index (year-on-year).
Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.
According to a new report published by Allied Market Research, titled,“Lab Grown Diamonds Market by Manufacturing Method, Size, Nature, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global lab grown diamonds market size was valued at $19.3 billion in 2020, and is projected reach $49.9 billion by 2030, registering a CAGR of 9.4% from 2021 to 2030.Read more
According to Mastercard SpendingPulse, US jewelers can expect revenue from jewelry sales in the US between November 1 and December 24 will grow 59% compared to the same period last year.Read more
The global jewellery industry has called for collective and immediate action on gender equality, a crucial building block in developing a strong and responsible supply chain that contributes to achieving UN Sustainable Development Goal 5.Read more
(IDEX Online) – De Beers’ new diamond recovery vessel, the largest of its kind in the world, has set sail from a shipyard in Romania to be fitted with mission equipment for work off the Namibian coast.Read more
Data and analytics company GlobalData expects global rough diamond production to grow by 1.4% this year to reach 112.99-million carats.Read more
RAPAPORT… Christie’s sold a 24.45-carat diamond pendant for $2 million at its recent online auction, the second-highest price the company has achieved for a jewel sold online.Read more
(IDEX Online) – A “unique” collection of three Argyle diamonds – a pink, a red, and a violet stone – has been sold to a buyer in the US.Read more
Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce the recovery of a 393.5 carat top white Type IIa gem quality diamond from its 100% owned Karowe Diamond Mine located in Botswana (image attached).Read more
The world’s biggest mining companies are about to start revealing how much cash they’re churning out from this year’s commodity boom.Read more
(IDEX Online) – An exceptional 39.34-carat blue rough diamond has been sold for over $40m.Read more
SURAT: The diamond industry is getting its shine back as the exports of polished diamonds and lab-grown synthetic diamonds have gone above the pre-Covid level in the month of April.Read more
At the latest De Beers diamond auction this week, buyers shopping for the kind of stones used to make an average engagement ring were in for a sticker shock: some prices had ballooned by 10% since the last sale.Read more
De Beers has raised some rough-diamond prices by about 10%, as the world’s top producer cashes in on rampant demand from cutters and polishers.Read more
RAPAPORT… India is experiencing a shortage of diamonds as rough supply has dropped and polished goods remain stuck at the Gemological Institute of America (GIA).Read more
The high demand from end consumers for rough diamonds and the drop in supply create excellent preconditions for a progressive rise in prices, and ALROSA intends to use this opportunity, said the company’s CEO Sergei Ivanov on the sidelines of the St. Petersburg International Economic Forum to Interfax.Read more
Many watch brands are using alternate materials like recycled plastics and cardboard packaging. But only recently have a couple of brands turned to decorative gem-quality diamonds produced in a laboratory, a change that has been a long time coming.Read more
The owner of Kay Jewelers, Jared and Zales is setting a big sales target as business starts to pick up again after a turbulent year.Read more
RAPAPORT… A US grading laboratory has introduced a new cut grade designed to differentiate higher-quality diamonds from the “excellent” score that most polished stones receive.Read more
Today News The Government of Maharashtra has once again allowed gems and jewellery export operations to resume, with restrictions in the number of people working in export units during the ongoing night curfew, weekend lockdown and restrictions of people at workplace to curtail the second wave of COVID-19 pandemic.Read more
De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace.Read more
In light of recent reports by the international media, observers on the ground and NGOs about political unrest in the Central African Republic (CAR), the World Diamond Council (WDC) reiterates its call to members of the diamond industry to carry out enhanced due diligence when considering the purchase of goods that are known to have originated or are suspected of having originated in the country.Read more
De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems since the end of its monopoly 20 years ago.Read more
(IDEX Online) – Jewelry retailers in China are expanding their operations as post-pandemic sales surge.Read more
Surat: The export of polished diamonds from India increased 41% in December 2020 at Rs 12,692 crore compared to Rs 8,000 crore in the same period the previous year. This is first time after Covid-19 that the export of polished diamond has increased.Read more
De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems since the end of its monopoly 20 years ago.Read more
Sales of rough and polished diamonds in December totaled $521.6 million, including proceeds from rough diamond sales of $470.3 million, and polished diamond sales of $51.2 million.Read more
De Beers raised diamond prices for the first time since the outbreak of global pandemic, signaling growing confidence in a rebound for the struggling industry.Read more
The Bank of Namibia is now expecting the country’s diamond mining sector to decline by 14.7% in real terms during 2020.Read more
The number of jewelry purchases in Russia decreased by almost a quarter in the past 11 months of 2020Read more
Eight months into the pandemic, Americans’ household finances are in the best shape in decades.Read more
The ultra-rare 14.83-carat, internally flawless, oval-cut The Spirit of the Rose (pictured) went to an anonymous phone bidder yesterday at Sotheby’s Geneva.Read more
Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce the recovery of an unbroken 998 carat high white clivage diamond from its 100% owned Karowe Diamond Mine located in BotswanaRead more
De Beers has revealed diamond jewellery design trends for the forthcoming gifting season, which are influenced by consumers’ response to the COVID-19 pandemic.Read more
Surat: It seems the coronavirus pandemic has not dimmed the liking of the diamond connoisseurs in Uncle Sam’s land. At a time when the export of polished diamonds from India has dipped phenomenally, the exports of lab-grown polished diamonds has continued its growth trajectory in the range of 22-40% between June and August as compared to the same period the previous year.Read more
URAT: There is some good news for diamantaires in Surat. Diamond trading is all set to recover its sparkle lost due to the coronavirus pandemic as demand increases from the US, Europe and China over the last two months.Read more
RAPAPORT… Miners have seen “encouraging” signs of recovery in the diamond market as they resume rough sales following an extended period of weak demand.Read more
(IDEX Online) – A new set of standards for grading polished diamonds has been drawn up and published by the ISO.Read more
De Beers is considering ways to restructure mines, expand in jewelry and overhaul diamond sales, as the world’s biggest and oldest producer rethinks its entire business in an industry left paralyzed by the pandemic.Read more
July 22, 2020 – ALROSA retains its commitment to support its clients and the diamond industry and announces a new set of unprecedented measures to offer additional flexibility to its rough diamonds’ buyers.Read more
With at least seven diamond units told to shut down and over 20 units fined for the violation of standard operating procedure (SOP) issued by the civic body in the last one weekRead more
Sarine Technologies Ltd is pleased to announce that following their launch of their pilot program of digital tenders initiated last October, it was expanded in May due to the travel limitations imposed by the Covid-19 pandemic, according to a press release.Read more
(IDEX Online) – Christie’s first “live” auction in New York since coronavirus will feature a pendant necklace with a 116-carat diamond and a high estimate of $7m.
By Kaula Nhongo
March 28, 2020, 1:23 PM GMT+1
Namibia halted mining and quarrying operations to curb the spread of the Covid-19 outbreak, according to Minister of Mines and Energy Tom Alweendo.
The semi-arid southwest African nation is the world’s top producer of marine diamonds and the fifth-biggest of uranium.
While minimal operations and critical maintenance work will be allowed, employers should ensure that “preventative measures such as social distancing are observed at all times,” Alweendo said in an emailed statement on Saturday.
Namibia has recorded eight cases of the coronavirus and imposed a partial lockdown of the capital, Windhoek, and the coastal town of Walvis Bay to prevent further spread.
Anglo American update on De Beers’ third rough diamond sales cycle of 2020Read more
RAPAPORT… Alrosa is allowing full flexibility at next week’s monthly rough-diamond sale, enabling long-term clients to delay purchases until later in the year due to the current weak market.Read more
Canada’s Mountain Province Diamonds said on Tuesday that its current sale had been postponed until further notice, as a result of the city-wide closures taking effect in Antwerp, Belgium this week.Read more
Since debuting at JCK Las Vegas in 2018, Lightbox Jewelry, De Beers’ lab-grown diamond brand, has made steady progress on its mission to introduce lab-grown diamond fashion jewelry to the masses. In November of that year, Lightbox staged its first pop-up event at the Oculus at Westfield World Trade Center in New York City.Read more
RAPAPORT… De Beers’ upcoming sight in Botswana will still take place despite the country’s ban on arrivals from the US, China, India and Belgium, the miner has confirmed.Read more
RAPAPORT… The Canadian Jewellers Association (CJA) has issued a guide to advertising lab-grown diamonds in response to a rise in marketing of the product to consumers in the countryRead more
As coronavirus cripples the Chinese economy, hardly anyone there is buying diamonds.Read more
LSE-listed Gem Diamonds has highlighted the recovery of a number of top-quality white, as well as one pink, diamond from its Letšeng mine, in Lesotho, between February 28 and March 3.Read more
RAPAPORT… De Beers has allowed clients to forgo buying certain rough diamonds at this week’s sight, as the coronavirus outbreak has raised concerns about a polished glut.Read more
(IDEX Online) – Over the past 10 years, fancy color diamond prices have increased 77 percent. That’s according to newly released information from the Fancy Color Research Foundation (FCRF).Read more
Moscow, January 30, 2020 – International diamond manufacturer Dali Diamond, one of ALROSA’s long-term clients, signed a loan agreement with EXIMBANK OF RUSSIA (part of the Russian Export Center Group) for the financing of rough diamond purchases from ALROSA. Dali Diamond successfully started to use the loan funds during the January trading session of ALROSA.Read more
As a Diamond Expert, Tali Goldstoff has been invited to speak about Diamond Valuations at the University of Antwerp.Read more
As far as exports of polished lab-grown diamonds are concerned, a growth of 109 per cent was recorded in the month of December.Read more
RAPAPORT… De Beers plans to abandon its practice of using sightholders’ purchase history as the main factor in determining how it allocates rough supply, sources have told Rapaport News.Read more
I was a coach at the hack4diamonds event in May 2018 in Antwerp. http://www.hack4diamonds.com/Read more
(Press Release) – Over the last several years the HB Company principals have worked solely on the ambition to transform the diamond supply chain, creating a new transparent ecosystem, reconnecting the consumer with the rare beauty of the rough stone.Read more
Consumers will likely buy holiday gifts that they deem “authentic” in terms of material, origin or history, and these include natural diamond jewellery, a new consumer survey showed.Read more
As a Diamond Expert, I am a member of the Examination Committee for the diamond expert applicants for the Diamond Office in Antwerp.Read more
RAPAPORT… The holiday season got off to positive start over the five-day Thanksgiving weekend, with observers seeing record online sales.Read more
Gem Diamonds is beginning to see diamond prices recovering from the low levels recorded in the last two monthsRead more
De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.Read more
Members of the World Diamond Council are pushing for the pending conclusion of the Kimberley Process’ review and reform process, and the related call regarding the strengthening of the scope of the Kimberley Process Certification Scheme or KPCS.
Lightbox, De Beers’ lab-grown diamond brand, is selling its wares for the first time at brick-and-mortar stores.
The brand’s long-awaited first retail trial will start Oct. 21 at Bloomingdale’s stores in New York City and San Francisco, as well as 30 Reeds Jewelers stores, primarily in the Southeast.
313ct. Diamond Emerges as World’s Largest D-ColorRead more
FOURTH quarter diamond sales remained key to the fortunes for De Beers this year following the publication of its latest sales data – the seventh of the year – which confirmed the rough diamond-buying market was bumping along the bottom.Read more
Geautomatiseerd diamanten slijpen: jarenlang bleef het een onbereikbare droom. Het Wetenschappelijk en Technisch Onderzoekscentrum voor Diamant (WTOCD) ontwikkelde een revolutionaire technologie die het onmogelijke mogelijk maakt. Het huzarenstukje wordt voor het eerst toegepast in de Fenix, een gloednieuwe machine die voor de Antwerpse diamantsector als geroepen komt.Read more
Angola is planning to produce 14 million carats of diamonds by 2022 when the Luaxe mine in Lunda Sul province starts its operations, according to a news report citing Endiama.Read more