Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.
Rio Tinto’s 2015 Diamond Production up 25 Percent
The mining company ramped up operations at Argyle, which is known for producing pink and brown diamonds.
Perth, Australia--Rio Tinto’s 2015 diamond production jumped 25 percent as it ramped up operations at Argyle in Australia, the mine known for producing pinks and browns, but pulled back at Diavik, its Canadian mine.
The company’s full-year results include the 77,000 carats mined at the Murowa mine in Zimbabwe through June 17. Rio Tinto sold Murowa in the middle of the year.
In the fourth quarter, production at Argyle nearly doubled year-over-year but was down 4 percent from the third quarter. Rio Tinto said it paused operations at its process plant in order to manage inventory levels.
For the year, production at Argyle increased 47 percent because of a ramp-up in production underground. The underground portion of Argyle opened in May 2013 and was slated to reach full capacity this year.
While production increased at Argyle, it was down 3 percent year-over-year in the fourth quarter and 11 percent for the year at Diavik. Operations at the Diavik process plant also were paused in the fourth quarter.
In 2016, Rio Tinto plans to mine even more diamonds, with guidance set at 21 million carats.
The world’s two other major diamond mining companies, De Beers and Alrosa, are scheduled to report their 2015 production figures at the end of the month.
The Latest

The trade show’s education series returns, with sessions on retail trends, AI, watches, marketing, corporate responsibility, and more.

The Curated Designer Project has expanded to highlight eight independent jewelry designers during CBG’s Las Vegas show.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

Bring a cool tone to your summer jewelry with these white metal pieces.


The deal closed this week, which means Instore will produce the JA NY show slated to take place this fall.

The company’s jewelry sales were up in Q4 and the fiscal year, with Richemont raising prices in part because of the cost of gold.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The “Bauble” capsule collection of colorful one-of-a-kinds includes our Piece of the Week, the “Bauble” earrings, featuring rose zircon.

The updated catalog has a newly dedicated section for gift wrapping.

Everett covers colored stones’ surging popularity, the mellow return of the “Mellon Blue,” and his “The Devil Wears Prada” doppelgänger.

Fourth-generation CEO Lilly Mullen wants to emphasize experience, connection, and personalized service.

The new award, created in partnership with Henne Jewelers, honors the late designer’s legacy through supporting jewelry education.

The NYPD is warning elderly New Yorkers to keep their jewelry hidden when walking outside to avoid being a target.

Designer Viviana Langhoff has realized her dream of owning a space for her Chicago jewelry store that looks and feels like her brand.

The sessions will run from Friday, May 29, to Sunday, May 31, with one being a live taping of an episode of Couture’s podcast.

Former Stephanie Gottlieb Fine Jewelry executive Morgan P. Richardson is joining the lab-grown diamond jewelry brand.

The $400 pocket watch is a blend of Audemars Piguet’s iconic eight-sided Royal Oak and Swatch’s unserious Pop watches from the ‘80s.

With gold prices on the rise, the “Modern Electrum” collection uses an alternative, non-tarnishing metal alloy composed of gold and silver.

Fruchtman Marketing has new owners, Erin Moyer-Carballea and Manuel Carballea, and will relocate to Miami.

In a column for the 2026 State of the Majors issue, Smith lists 10 time-tested principles about sales that still ring true.

In a column for the 2026 State of the Majors issue, Golan spells out how the growing economic divide in the U.S. is reshaping the market.

The “Limitless Expansion of Joy and Hope” collection evokes summer through colored gemstones and motifs of butterflies and florals.

The jewel, circa 1890, is from the late Victorian era and was owned by descendants of the last high king of Ireland.

This is what the nine recipients plan to do with the funds.

The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

























