Diamond Market Stabilizes—For Now

Polished and rough markets stabilize with no dramatic changes expected for rest of year. DeBeers reports improved trading. Canada diamond mining going strong. Younger consumers seem to be buying jewelry in stronger numbers. Rio Tinto closes the Bunder mining project in India. Concentrated …

The Diamond Market is ‘Strange’

The more we try to predict the future of the diamond market the more it seems to be unpredictable. It is not a brilliant statement (excuse the pun) but one that none the less is very appropriate for today’s diamond market. While …

Diamond Market Stable—For Now

“A Diamond is coal that made good under pressure.” We’ll see about that! No pressure! As we come to the end of the first quarter of 2016 we have a general calming in the diamond market. Hopefully it is not the calm …

Diamond Market – November 2014

World Diamantaires face financing crunch and Global Diamond jewelry sales reach Record Level. EGL reports banned from trading platforms. Rio Tinto celebrates 30 years of pink diamond tenders with release of unprecedented four red diamonds. It should come as no …

Diamond Market – September 2014

Is it the calm before the storm? Not really as prices predicted to roll along in future months. Polished prices remain firm while margins continue to be squeezed. DeBeers announces a change in structure for allocation of rough diamonds including …