National Jeweler Network

Diamonds

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.

07/07/15

Indian traders stop short of banning rough imports

India’s top diamond exporters said no to temporarily stemming the flow of rough into the country but have outlined a number of other measures the trade there will take to deal with oversupply and lagging demand worldwide.