A New Diamond Culture at Walmart
December 07, 23 by John JeffayWalmart, the world's largest retail group, describes many of its diamond jewelry items as "cultured" rather than lab grown. It's an interesting choice of word, given that the Diamond Terminology Guideline, jointly produced by eight industry bodies... Read More...
New Era for Angola's Diamonds
November 30, 23 by John JeffayAngola is looking to the future. At the moment it's stockpiling of a million carats of diamonds that nobody wants. But this week it officially opened a new mine that could double its diamond revenue - and boost... Read More...
Lightbox: The Future is Ethical
November 23, 23 by John JeffayLightbox started life back in May 2018 with lab grown diamonds billed as "a fun, pretty product that shouldn't cost that much". It's come a long way since then. Earlier this year it (briefly) tried out a range of lab grown engagement rings (2ct round colorless... Read More...
Useless, Irrelevant, Not Fit for Purpose
November 16, 23 by John JeffayThe Kimberley Process is useless, irrelevant and not fit for purpose. So says Jaff Bamenjo, Cameroon-based vice coordinator of the KP Civil Society Coalition (KPCSC) the group of mostly African diamond-producing... Read More...
Hamas War Hits Israel's Diamond Industry
November 09, 23 by John JeffayHere's a stark indication of how the war with Hamas is affecting daily life here in Israel. The Bourse in Ramat Gan says anyone whose family members have been killed or kidnapped will have their membership fees waived. Israel is a small country and the massacre on 7 October ... Read More...
A Call for Prudence
November 02, 23 by John JeffayIndia has been importing almost $1.25bn of rough diamonds a month of late. That figure is down over a fifth on the April to September 2022 period, which is no surprise, given the global slowdown, together with the lab grown price crash. But what will October's figure... Read More...
A Call for Prudence
November 02, 23 by John JeffayIndia has been importing almost $1.25bn of rough diamonds a month of late. That figure is down over a fifth on the April to September 2022 period, which is no surprise, given the global slowdown, together with the lab grown price crash. But what will October's figure... Read More...
How Will G7 Sanction Russia? And When?
October 26, 23 by John JeffayThe G7 nations are widely expected to announce details in the coming days of how they intend to outlaw Russian diamonds. It's been a long time coming - Russian tanks rolled into Ukraine on 24 February 2022 - and it could yet take a long time to implement.... Read More...
Super-Cheap and Super-Expensive
October 19, 23 by John JeffayLab growns are heading in two directions - super-cheap and super-expensive. The collapse of WD Lab Grown Diamonds, with debts of almost $45m, surely tells us something about the state of the industry, as prices plunge. And so does the launch by Fred... Read More...
Israel: A Nation Mourns
October 11, 23 by John JeffayWe are in mourning. Our nation has been devastated by an act of unimaginable cruelty by the Hamas terror group. Israel is a small country and we acutely feel each other's pain. The death toll, reported as 100 in the immediate aftermath of Saturday's massacre, now... Read More...
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