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Louise Prior, who spent a total of 18 years with De Beers, is the new executive director of the World Federation of Diamond Bourses. 
The underlying issue for the diamond miner and marketer is weak consumer demand for diamond jewelry, which has persisted so far in 2015.
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. 
The Russian diamond mining company saw its first half sales decline even as production increased 13 percent.
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. 
Rio Tinto’s Diamonds with a Story campaign recently welcomed four new designers and launched a website created specifically for retailers, designers and manufacturers. 
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.
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.
National Jeweler

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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.