Diamond market: strong results announced
Reading the press reports of this month (July 2018) reveals a trend, especially that of the current strength of the diamond market. We
Diamond Demand Hits $82 Billion High
Global consumer diamond demand (jewelry) grew 2% to an all-time record of $82 billion in 2017 amid a strong US market and
De Beers Tracks 100 Stones on ‘Tracr’ Blockchain
De Beers has successfully traced the progress of 100 high-value diamonds from mine to retail using its new blockchain platform: Tracr.
De Beers Raises Prices at $520M Sale
The April sight of De Beers closed with a value of $520 million amid concerns among manufacturers that higher rough prices could affect
Forevermark Targets Key European Markets
Forevermark is making a play for the European market, after achieving significant retail growth last year.
Rough Market Upbeat at $665M De Beers Sight
Rough-diamond demand was strong at De Beers’ January sight, as manufacturers plan to increase their production in anticipation of post-holiday orders from
De Beers Takes Further Blockchain Technology Step
De Beers is piloting blockchain technology for the diamond industry, working with a small number of participants to test how it works,
Debmarine Splashes $142M on Diamond Ship
De Beers is planning to add the world’s largest custom-built diamond-mining vessel to its fleet at a cost of $142 million.
Trust-Based Commerce as Basis for the Diamond Trade in Danger of Collapsing?
Though the warning signs were on the wall – trust-based banking in the diamond sector seems all but dead. Three specifically named
Alpha and Omega Diamonds History – Part 1 – De Beers
It would take some ingenious plotting and advertising to keep the diamond’s reputation as intrinsically valuable and desirable, which is where De Beers comes in. Read more.