Diamond Buyer Wants Her Money Back
March 09, 23 by John JeffayMaria Zurabova wants her money back. It's a year since she bought a selection of diamond rings from a supplier in New York, at a cost of $645,083. Among them was a 1.50-carat cushion cut white gold diamond ring for $14,498; a 13.37-carat GIA... Read More...
China and Diamonds: Is the Dragon Rising Again?
March 02, 23 by Erez RivlinIt seems the eastern sunshine is finally breaking through the clouds of COVID-19. Good economic news shines from every corner of the Chinese giant. Just in time for the start of the The Hong Kong Diamond, Gem and Pearl Show on Wednesday, March 1st. On the same... Read More...
Will AI Replace Diamond Graders?
February 23, 23 by John JeffayThere are no absolutes in diamond grading. It's like any job in the world that relies on people making judgments. There will always be differences of opinion, borderline cases, bad days, irritable people and human error. Different labs may well give the same stone a... Read More...
Botswana, De Beers and the Infinite Question of Fairness
February 16, 23 by Erez RivlinWhen Botswana's President demands a larger share of the profits, Anglo American's management should consider issuing a profit warning. "If we don't reach a win-win situation, each side will have to pack up and go home," President Masisi said last Sunday in... Read More...
India's Home-Grown Diamonds
February 09, 23 by John JeffayIndia cuts and polishes the vast majority of the world's diamonds. But without its own mines, it's never been able to capture the full cycle of production - until now. The increasing popularity of lab growns, and the apparent enthusiasm of India's government ... Read More...
Pope Pulls No Punches
February 02, 23 by John JeffayPope Francis pulled no punches when he landed in the Democratic Republic of the Congo (DRC) earlier this week. He condemned the "economic colonialism" of those who had plundered a country blessed with a wealth of diamonds and numerous other natural... Read More...
Not Every Girl's Best Friend
January 26, 23 by John JeffayDiamonds are a girl's best friend, so they say, but Devanshi Sanghvi would disagree. She was heiress to her family's $60m-plus diamond empire, but decided instead to take her vows as sadhvi - or nun - in the Jain religion... Read More...
Lab Grown Diamonds: All Roads Lead to Paris
January 19, 23 by Marty HurwitzIn the early 20th century Paris was the center of the world for artistic creativity. Today Paris is becoming the creative center for upmarket, lab-grown diamond, fine jewelry style. At one time the names Duchamp, Chagall, Matisse, Hemingway, and Picasso Read More...
Today's Memo, Written by AI
January 12, 23 by John JeffayArtificial intelligence is everywhere. It controls what we see on Facebook, Twitter, Instagram and beyond. It decides what adverts we're shown online, what Netflix recommends, based on our viewing preferences, how we get places (Waze, Google maps)... Read More...
Crystal Gazing Into 2023
January 05, 23 by Pranay NarvekarThe beginning of every year brings about a flurry of planning activities as companies and individuals set their targets for the year. While we do so, it is wise to review what happened in the previous year, as we begin to make plans for the future... Read More...
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