National Jeweler Network

Diamonds

08/04/15

GIA bans client for alleged false inscriptions

The Gemological Institute of America is no longer grading stones from one Indian company after that company allegedly submitted multiple diamonds inscribed with report numbers for other stones.

07/30/15

Former DTC executive tapped for WFDB post

Louise Prior, who spent a total of 18 years with De Beers, is the new executive director of the World Federation of Diamond Bourses. 

07/27/15

What’ll make millennials ‘walk away’ from jewelry

At a session held Sunday at JA New York Summer, the DCA’s Terry Chandler discussed how selling over-graded diamonds could turn off an entire generation.

07/24/15

White Pine to hold buying event this weekend

White Pine Trading, which deals in pre-owned diamonds and jewelry, is hosting a buying event for retailers at its New York office on Saturday, July 25. 

07/24/15

De Beers first-half sales drop 21 percent

The underlying issue for the diamond miner and marketer is weak consumer demand for diamond jewelry, which has persisted so far in 2015.

07/21/15

Alrosa notes ‘slowdown’ in diamond market

The Russian diamond mining company saw its first half sales decline even as production increased 13 percent.

07/16/15

De Beers Q2 production drops

The volume of rough diamonds mined by De Beers fell 6 percent in the second quarter due in part to the company cutting back in response to “softer” trading conditions. 

07/09/15

Diamond prices soften in June

Diamond prices continued their decline last month as markets were relatively quiet due to weak post-Vegas demand in the United States, the Rapaport Group’s monthly price report states.

07/08/15

Mine that Tiffany tapped for yellow diamonds closes

Kimberley Diamonds Ltd. has suspended operation of the Ellendale Diamond Mine in northwest Australia, attributing its decision to lower revenues from a decline in grades of recovered diamonds.