SourcingSep 20, 2023
Natural Diamond Outlook: Indian Diamantaires Navigating Multiple Storms Economic slowdowns, geopolitical tensions, and the rising popularity of lab-grown diamonds are clouding the outlook for mined diamonds.
Sourcing
Catch up on key developments at all points in the gemstone supply chain
SourcingSep 20, 2023
New Surat Diamond Bourse To Be World’s Largest Office Complex The massive space spans 7.1 million square feet with more than 4,000 offices and 131 elevators.
SourcingSep 21, 2023
The second installment of “To Treasure Now and Forever” is intended to emphasize diamonds’ versatility.
Latest in Sourcing
SourcingSep 29, 2023
Lucara Severs Ties With HB Antwerp The two companies initially partnered during the pandemic and had just signed a 10-year sales agreement in November 2022.
SourcingSep 27, 2023
India Calls for 2-Month Moratorium on Rough Diamond Imports The plea comes against a backdrop of declining demand and falling prices.
SourcingSep 18, 2023
Greenland Ruby Update Confirms Operational Suspension, LayoffsThe company anticipates resuming exploration and mining operations and rehiring staff in 2025.
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Winning Engagement Rings Sales as an Independent RetailerNivoda breaks down the best methods for independent jewelers to stay competitive in the modern market.
SourcingSep 15, 2023
‘A Diamond Is Forever’ Is Back Again, Backed by $20M De Beers is putting the emphasis on natural diamonds in Q4 and ending Lightbox’s lab-grown diamond engagement ring test run.
Weekly QuizSep 29, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
SourcingSep 12, 2023
Rob Bates’ New Murder Mystery Novel Is Out Today The book, “Slay It With a Diamond," is the third installment in the JCK news director’s mystery series.
SourcingSep 11, 2023
Greenland Ruby Has Shut Down Its MineThe company said operations have been on hold since January because the mine wasn’t meeting production expectations.
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Top 5 Ways to Promote Safety and Security Awareness Among Your StaffAwareness is essential to proactive protection. Learn how to promote and maintain safety and security awareness in your business.
SourcingSep 08, 2023
Israel Diamond Exchange to Host International Diamond WeekThe event is slated for April 2024.
SourcingAug 31, 2023
De Beers’ Rough Diamond Sales Decline Again They were down 42 percent year-over-year and 10 percent month-over-month in August.
SourcingAug 23, 2023
692-Carat Diamond Recovered From Karowe Mine Lucara said it’s the 20th stone weighing more than 100 carats the mine has produced this year.
SourcingAug 22, 2023
Diamond Companies Support Employees as Canadian Wildfires RageRio Tinto, De Beers and Burgundy all have mines in the Northwest Territories, where wildfires have forced mass evacuations.
SourcingAug 21, 2023
Natural Diamond Council Names Head of PR, Communications Elana Zajdman joins the organization after more than a decade as an editor for various print and digital fashion magazines.
SourcingAug 17, 2023
Rio Tinto to Build Solar Plant to Help Power Diavik The facility will have bi-facial panels, which generate energy from direct sunlight as well as the reflection from the snow.
SourcingAug 15, 2023
Lucara CEO Eira Thomas Replaced by William Lamb The move comes after news surfaced that the Karowe mine’s underground expansion will take longer and cost more than expected.
SourcingAug 14, 2023
De Beers Mines First Diamonds From Venetia Underground The $2.2 billion expansion at the South African mine is expected to extend its life until at least 2046.
SourcingAug 08, 2023
De Beers’ Rough Diamond Sales Drop 36% in July CEO Al Cook attributed the decline to a combination of seasonal slowdown and manufacturers’ wariness about the remainder of 2023.
SourcingJul 28, 2023
De Beers’ Profit Drops in First Half Production and total sale volumes were both flat from the year prior.
SourcingJul 24, 2023
2 More Miners Note Softness in Rough Diamond MarketPetra Diamonds and Mountain Province both noted a slowdown in demand in their most recent earnings reports.
SourcingJul 21, 2023
Venetia Transition a Drag on De Beers’ Q2 ProductionThe company recovered 7.6 million carats in the second quarter, compared with 7.9 million in the same period last year.
SourcingJul 20, 2023
Rio Tinto’s Diamond Production Down 16% in Q2 The mining company said the decline at Diavik was due to work being done on one of the pipes and the open pit.
SourcingJul 19, 2023
Lucara’s Underground Expansion at Karowe Hits a Snag The miner said this week that the project will cost $136 million more than expected and take about a year-and-a-half longer to complete.
SourcingJul 19, 2023
LA’s Anup Jogani Opens Gallery in Silver Lake The Jogani Gallery serves as both an exhibition and event space.
SourcingJul 12, 2023
CEO of Diamond Miner Lucapa Stepping DownStephen Wetherall, who has been with the company for nearly a decade, will exit at the end of July.
SourcingJul 12, 2023
Tiffany Adds ‘Remarkable’ Colombian Emerald to CollectionWeighing more than 10 carats, the emerald is a top-tier stone from the legendary Muzo mining region.
SourcingJul 06, 2023
Rough & Polished Editor-in-Chief Vladimir Malakhov Dies at 76Malakhov, who managed a staff of about two dozen reporters across the globe, is remembered for being kind and easy-going.
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