Latest News

George Kaplan, a well-known diamond cutter and former vice chairman and treasurer of Lazare Kaplan International, died July 12 after a short illness.
Rough sales slumped in the first half of the year for the mining company, mirroring what Alrosa and De Beers reported recently.
The “exceptional” white stone is part of Fusion Alternatives/I. Hennig’s latest sale of rough diamonds from the Kao Mine in Lesotho.
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. 
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