November 16, 2011

Rough, Polished Prices Rise In Mumbai

Both rough and polished diamond have risen in Mumbai. Rough prices have gone up by between 8- and 10 percent, while polished prices have firmed up between 2 and 5…

November 16, 2011

More Plan to Buy Jewelry this Holiday Season

The number of Americans who will make purchases in more discretionary gift categories is rising, with people planning to purchase more jewelry - 21.2 percent vs. 20.3 percent last year,…

November 16, 2011

Eighth Annual WDC Meeting to Take Place in Italy

The World Diamond Council (WDC) today announced that its eighth Annual Meeting will take place in Vicenza, Italy from May 13-14, 2012. The event is being hosted by Fiera di…

November 16, 2011

Dalumi Launches Golden Diamonds Collection

Israel-headquartered diamond manufacturing company Dalumi is set to launch a new jewelry line, “Golden Diamonds Collection,” at the upcoming Hong Kong trade shows.

November 16, 2011

Sun Drop Diamond Disappoints at $12.3 Mln

A 110.03 carats fancy vivid yellow VVS1 pear-shaped diamond that was the highlight item of Sotheby’s Magnificent Jewels auction sold for CHF 11.3 million ($12.3 million) last night. The exceptional…

November 15, 2011

GIA, GJEPC Sign Education Agreement

The GIA will run its education programs at the Indian Institute of Gem & Jewellery in cities across India. The IIGJ is an initiative of the GJEPC. A formal agreement…

November 13, 2011

Sparkling surge in Dubai’s diamond trading

The volume of diamonds traded in Dubai rose by more than half in the first six months of the year. A total of 206.1 million carats were traded, 57 per…

November 13, 2011

De Beers won’t touch Zimbabwe diamonds

Business Live reports De Beers high-quality diamond retail arm Forevermark will not sell any diamonds from Zimbabwe's controversial Chiadzwa and fields, CEO Stephen Lussier said at the launch of the…

November 11, 2011

Botswana paper says De Beers’ struggling Canada mines forced Oppenheimers to sell

Botswana Guardian argues the canny Oppenheimers seem to be getting out of the diamond business because its future looks bleak. De Beers is currently in financial straits occasioned by its…

November 10, 2011

Graff Diamonds said to plan $1 billion Hong Kong IPO

Bloomberg reports Graff Diamonds, the producer and retailer whose founder twice set records buying gems at auction, plans to raise about $1 billion in an initial public offering in Hong…