Copper Beats Diamonds
May 23, 24 byWhat will become of De Beers? The future of its parent company Anglo American remains up in the air. But whatever happens it's now clear that there's no place for the 135-year-old diamond miner in its future portfolio. The big bucks these days are in copper, one of Read More...
Change is Coming, Faster Than you Think
May 15, 24 by Noam Taube, CEO at IDEX OnlineChange is coming, and it's coming faster than you think. Rather than fear it, we should embrace it as a gateway to opportunity. The key is being ready and willing to embrace change and to accept you don't know it all. Collaboration is key for the future of our industry.... Read More...
Allnatt Diamond: A New Chapter
May 09, 24 byThere's an element of mystery to every notable diamond, and the 101.29-carat fancy vivid yellow Allnatt Diamond is no exception. What we do know is that the Type 1a VS2 gem is to be auctioned by Sotheby's Geneva next Tuesday .... Read More...
For Sale: Half the World's Unsanctioned Diamond Output
May 02, 24 by Erez RivlinDespite Anglo's board declining the takeover bid, BHP has till May 22nd to give a final offer, following UK takeover laws. Contemplating the outcome of such a move is a must for the diamond industry. On the one hand, De Beers changing ... Read More...
A Gold Heist Like No Other
April 25, 24 by John JeffayAt 3.56pm on 17 April 2023, an Air Canada flight from Zurich landed at Toronto's Pearson Airport, with a cargo that included 6,600 gold bars worth US$14.5m and US$1.8m in foreign banknotes. At 6.32pm ... Read More...
Natural, Lab . . . and Sky?
April 18, 24 by John JeffayWhen is a lab grown diamond not a lab grown diamond? That's one of the more intriguing questions at the center of the latest row about what terms should be used to describe any diamond that wasn't produced underground. Skydiamond, a UK diamod manufacturer... Read More...
Breakfast at Tiffany's
April 11, 24 by John JeffayThe huge Altar Gospels at the Kremlin, in Moscow, decorated with gold silver, diamonds, rubies, sapphires and emeralds, are something to behold. They were the bling of their day - the 17th and 18th centuries - an opulent show of wealth and religious dedication by... Read More...
Russia's Big U-Turn
April 04, 24 by John JeffayWhat's happened to Alrosa and its "colossal safety margin"? Russia's state-controlled diamond miner was fighting fit and ready for whatever the G7 nations could throw at it, the finance ministry boasted in January. There would be no need to for the government ... Read More...
Biggest Upheaval Since KP
March 28, 24 by John JeffayIt's more than two decades since the diamond industry underwent an upheaval on this scale. It was back in January 2003 that the Kimberley Process Certification Scheme (KPCS) was launched to prevent conflict diamonds from entering the mainstream rough Read More...
Turbulent Times
March 21, 24 by John JeffayIt's a turbulent time for many in the diamond industry. Traders in Antwerp have been tearing their hair out for the last three weeks, since the G7 sanctions on Russian goods were introduced. Shipments that should take 24 hours to clear Customs are still languishing... Read More...
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