April 7, 2013

Retail diamond market strong worldwide

VIDEO: Mine growth rate is 3% to 4% while demand growth is 10% for the gemstones.

April 5, 2013

Rio gets ready to wave its Diavik diamond mine goodbye

Dominion Diamond Corp, which already owns 40% of the mine, said it is interested, but the price has to be right.

April 5, 2013

Rare pink diamond heads to auction block with $40m sales estimate

Some jewellers estimate it will sell for about $40 million dollars.

March 26, 2013

Pear-shaped 75-carat diamond may sell for over $12 million

The gem has been qualified by Sotheby as “the most important white diamond ever to appear at auction in the Americas.”

March 25, 2013

De Beers provides more opportunities to suppliers

“The introduction of dynamism into this contract period is a further evolution in our Supplier of Choice strategy, which provides a greater level of flexibility for Sightholders and enables De…

March 22, 2013

Napoleon’s engagement ring to Josephine to go for $20,000 in auction

It will be auctioned on Sunday in France.

March 22, 2013

Harry Winston sells its luxury division to Swatch

The Swatch Group is paying $750 million plus the assumption of up to $250 million of pro forma net debt.

March 19, 2013

Dubai Diamond Conference Day Two addresses need for sustainable development of diamond producing nations

The second day of the Dubai Diamond Conference 2013 (‘DDC 2013’), hosted by the Dubai Multi Commodities Centre and Dubai Diamond Exchange, began with highlighting the need for sustainable financing…

March 19, 2013

Global downturn takes a toll on Canada’s north ‘mining boom’: report

Even with the downgrade, overall economic growth in Nunavut is forecast to be 3.4% in 2013 and 8.8% in 2014.

March 19, 2013

De Beers unveils store in Baku

Diamond jeweller establishes retail space in the Caucasus region.