News
-
A new era for diamonds ahead
- January 21, 2021
- Posted by: adminz
- Category: News
No CommentsUnited States’ Lawrence Livermore National Laboratory Scientists published a study in Applied Physics Letters showing that diamonds have superior carrier mobility, breakdown electric field and thermal conductivity, which are significant properties to power electronic devices. Following this study, an international team of researchers have certified the importance of diamonds in the tech industry by conducting
-
Natural and lab-grown diamonds raise stakes
- January 8, 2021
- Posted by: adminz
- Category: News
The natural and lab-grown diamond industry both raised the stakes in 2020, contending for consumers whose behaviors are rapidly evolving. The debate between lab-grown and natural diamonds is only set to get hotter in 2021. A November report by MVI Marketing estimated that lab-grown diamonds will “go mainstream” relatively soon, with sales and behavior indications
-
Understanding the journey of a natural diamond
- December 17, 2020
- Posted by: adminz
- Category: News
Natural diamonds are the ultimate treasures of nature, adding lustre to our lives for generations now. Each of you, who has ever owned or inherited a piece of diamond, will understand how precious, unique and versatile these stones are. Every piece of jewellery made of a natural diamond goes through a magical journey right from
-
Pandemic boosts sales of pink diamonds
- December 17, 2020
- Posted by: adminz
- Category: News
Pink diamonds are proving popular purchases for those who had planned then scrapped this year’s overseas holidays due to the global pandemic. Almost all of the world’s rare pink diamonds were, until last month, sourced from West Australia, but with the closure of the Argyle mine there, the value of the pink stones has skyrocketed.
-
Diamond industry forecast for 2021 and beyond
- December 9, 2020
- Posted by: adminz
- Category: News
Global diamond production this year fell by more than 20% to about 113 million carats due to planned production declines by the major producers and significant pandemic-related suspensions and curtailments across the industry, Paul Zimnisky, an independent diamond analyst and consultant told The Northern Miner. Zimnisky said that mines including Ekati, Aikhal, Verkhne-Munskoye, Williamson, Liqhobong
-
Rough demand strong at Trans Atlantic Tender
- December 1, 2020
- Posted by: adminz
- Category: News
Image: Rough diamonds. (Trans Atlantic Gem Sales) Trans Atlantic Gem Sales (TAGS) sold “almost 100%” of the goods on offer at a rough tender in Dubai earlier this month as buyers showed optimism ahead of the holidays, the company reported. The group, which sells diamonds on behalf of producers and artisanal miners, offered around
-
Colored Gemstones get new ratings system
- November 25, 2020
- Posted by: adminz
- Category: News
Switzerland’s Gübelin Gem Lab has launched a scoring system for colored gemstones based on wine ratings, claiming that the industry lacked a common method of describing quality and uniqueness. The numerical scale takes into account three factors: quality, rarity and salience — referring to the stone’s ability to “stand out from the crowd,” Gübelin said
-
Israel polished exports slump
- November 23, 2020
- Posted by: adminz
- Category: News
Image: The trading floor at the Israel Diamond Exchange in June 2020 after a coronavirus case forced it to close temporarily. (Israel Diamond Exchange) Israel’s polished-diamond exports fell 37% year on year to $1.9 billion in the first 10 months of 2020, according to figures the government released last week. The decline, which reflects
-
MMCZ pledges to work with small-scale miners
- November 17, 2020
- Posted by: adminz
- Category: News
Addressing miners at a MMCZ small scale miners training held yesterday at the HICC, MMCZ boss, Mr. Tongai Muzenda said the mineral marketer’s mandate is to work with miners to attain a productive mining sector. “As MMCZ, we do not exist to disrupt mines activities but rather to work together with miners to produce massive
-
A chance to rebuild the diamond industry
- November 16, 2020
- Posted by: adminz
- Category: News
Rapaport Research Report presents a SWOT analysis on the diamond market The economic challenges resulting from Covid-19 have forced companies and industries at large to reassess their value propositions. Along with the tremendous health concerns, the coronavirus has also brought unprecedented disruption to the global economy, pushing the business community to modify the way it