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CanadaMark Certificate
Made in Canada
The recent re-launch of the CanadaMark hallmark by Dominion Diamond Corporation is designed to enhance the company’s status as Canada’s primary diamond mining company. While CanadaMark is essentially a business-to-business (B2B) program that complements the brands of manufacturers...
Polished Markets Oct 31, 2014 Avi Krawitz
Jewelry Store Owners
Growth Prospects
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008...
Polished Markets Oct 24, 2014 Avi Krawitz
Bruce Cleaver
Sharing Information Enhances De Beers Leadership Position
De Beers published its Diamond Insight Report at the September Hong Kong Jewellery and Gem Fair. The 90-page volume, also available online, provides a snapshot of the state of the diamond industry and outlines trends...
Polished Markets Oct 05, 2014 Avi Krawitz
Diamond Rings
Shifting Demand
Diamond prices continued to fall in September maintaining a long-term downtrend that started in mid-2011. Apart from the positive first quarter of 2014, when polished prices rose, average prices have been on a consistent, gradual decline. As a result,...
Polished Markets Oct 03, 2014 Avi Krawitz
Trade Report Icon
Prices Soften, Lower Quality in Demand
The mood in the diamond industry improved during September as the Hong Kong Jewellery & Gem Fair exceeded expectations. Strong visitor traffic in the diamond hall signaled steady Far East demand even if sales...
Magazine-Industry Oct 01, 2014 Avi Krawitz
Botswana Mines Minister
Botswana’s Real Diamond Story Starts Now
Botswana has evolved to become one of the most important diamond centers since De Beers shifted its sorting and sales operations from London to Gaborone and the state-owned Okavango Diamond Company (ODC) launched its...
Mining Sep 21, 2014 Avi Krawitz
Hong Kong Sept 2014
Lessons from Hong Kong
The Hong Kong Jewellery and Gem Fair that took place this week reassured the diamond trade that things are not quite as bad as they seem. There were a high number of visitors at the...
Polished Markets Sep 18, 2014 Avi Krawitz
Hong Kong
Trading Momentum Stretches Into Third Day at Hong Kong Show
Diamond trading at the Hong Kong Jewellery & Gem Fair held steady on Wednesday with strong visitor traffic, despite the opening of the second venue of the show that features finished jewelry. The loose...
Polished Markets Sep 17, 2014 Avi Krawitz
HK Sept Show Registration
Dealer Sentiment, Visitor Traffic Improves at the Hong Kong Show
The mood among diamond suppliers who are exhibiting at the Hong Kong Jewellery & Gem Fair improved on the second day of the show due to strong visitor traffic. While trading did remain slightly...
Polished Markets Sep 16, 2014 Avi Krawitz
HK Sept 2014 Show banner
Visitor Traffic Holds Steady for Opening Day of Hong Kong Show
The Hong Kong Jewellery and Gem Fair opened on Monday with steady visitor traffic but cautious trading as buyers sought out pricing information in the early stages of the show. Suppliers maintained moderate expectations...
Polished Markets Sep 15, 2014 Avi Krawitz
Ghaghoo Mine Opening
The Ghaghoo Narrative
The opening of the Ghaghoo diamond mine, located in Botswana’s Central Kalahari Game Reserve (CKGR), that took place this week was not only a significant milestone for the mine’s owner Gem Diamonds, but...
Mining Sep 12, 2014 Avi Krawitz
Toby Frears
Okavango Rough Sales Meeting Expectations
Okavango Diamond Company (ODC) was established as a vehicle to enable the Botswana government to conduct independent rough diamond sales from a portion of production by Debswana, a mining joint venture between the government and De Beers. Toby Frears...
Rough Markets Sep 07, 2014 Avi Krawitz
Influencing Change
De Beers is talking about change, urging the trade to be proactive in dealing with a persistently uncertain and volatile market environment. While the company has directed its message to the diamond industry at large, and specifically to sightholders,...
Rough Markets Sep 05, 2014 Avi Krawitz
Trade Report Icon
Trade Report
Liquidity WoesSlowed polished trading, soft prices and steady rough markets put further pressure on manufacturers’ liquidity.Polished diamond markets were relatively quiet and conservative in August as liquidity tightened in the manufacturing centers and buyers...
Magazine-Industry Sep 01, 2014 Avi Krawitz
De Beers Boxes
De Beers August Sight Estimated at $715M
The De Beers August sight closed last week with an estimated value of $715 million as the company maintained steady prices despite liquidity concerns in the diamond manufacturing sector. Rough trading slowed on the secondary market...
Rough Markets Aug 27, 2014 Avi Krawitz
Internet Search Keyboard
Blue Nile's Diamond Prices
Blue Nile is being challenged by rising diamond prices, forcing the online jeweler to seek out growth in other areas. As diamond prices rise, eroding Blue Nile’s competitive advantage that its lower online prices offer,...
Retail Aug 15, 2014 Avi Krawitz
Surat Factory Workers
Excess Diamond Inventory
By many accounts, there is a large volume of polished diamonds stuck in the middle of the pipeline. The dichotomy appears to be that the most profitable mining and retail sectors are keeping low inventory levels while diamonds...
Polished Markets Aug 08, 2014 Avi Krawitz
Letseng Mine
Gem Diamonds Recovers 198ct. Type IIa Diamond at Letšeng
Gem Diamonds reported that it recovered a 198-carat, type IIa diamond from the Letšeng mine in Lesotho at the end of July 2014.The company explained that the diamond, is exceptional white and displays no florescence. The diamond...
Mining Aug 05, 2014 Avi Krawitz
Venetia Mine
Anglo's Diamond Division
Mark Cutifani, the CEO of Anglo American, was visibly pleased with Philippe Mellier during Anglo’s recent earnings presentation. De Beers was a star performer for the diversified mining conglomerate during the first six...
Rough Markets Aug 01, 2014 Avi Krawitz
Trade Report Icon
Trade Report
Trading Slow at India ShowPolished markets are seasonally slow and prices soft while rough remains firm as diamond centers close for summer vacation.Diamond manufacturing margins remained under pressure in July as polished trading was...
Magazine-Industry Jul 30, 2014 Avi Krawitz
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