Well On The Path Of A Recovery
The festive cheer, the series of 'good news' reports and the stepped up buying all mean that the good times are probably back for the diamond industry.
Continue reading "Well On The Path Of A Recovery"
The festive cheer, the series of 'good news' reports and the stepped up buying all mean that the good times are probably back for the diamond industry.
Continue reading "Well On The Path Of A Recovery"
Tuesday, July 7, 2009
Namakwa Diamonds Limited’s diamond output reached 4,200 carats in the quarter beginning 1 March 2009 representing a quarter-on-quarter surged of 114%. For full story, click here
Continue reading "Namakwa Diamonds Output surged 114%"
Tuesday, June 9, 2009
Stornoway Diamond Corporation (TSE:SWY) is a leading Canadian diamond development and exploration company. The Company’s flagship property is the Feasibility Stage, Renard Diamond Project located in north-central Quebec, and on track to become Quebec’s first diamond mine and Canada`s next.
Continue reading "Stornoway – Building a Canadian Diamond Resource Base"
Tuesday, March 10, 2009
Traders, cutters, and retailers are all warning that the diamond business’ struggles will cause a restructuring of the entire industry.
Continue reading "Diamond industry warns of drastic change"
Tuesday, February 3, 2009
With the holiday season behind us, now is the time diamond miners and retailers should have full pockets and empty shelves. However, with the holiday season of ’08 coming on the back of economic catastrophe, countries across the globe are reporting stark numbers for diamond exports and imports.
Continue reading "Around the globe, diamond imports and exports collapse"
Wednesday, January 21, 2009
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
Continue reading "Around the globe, diamond exports drop"
Monday, December 1, 2008
Global Diamond industry is undergoing a strong transition towards growing demand for "conflict-free" or "violence-free" or ethical diamonds- guaranteed to originate from ethical and environmentally responsible sources. This transition is in response to the growing awareness among people and consumers worldwide about the so called "Blood diamonds"
Continue reading "The true value of Canadian diamonds"
Tuesday, November 25, 2008
With the Christmas buying season upon us jewelry companies who would typically have their biggest sales of the year are bracing for disappointing numbers. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewelry could take the biggest hit in the downturn.
Continue reading "Holiday jewellery purchases decline"
Wednesday, October 15, 2008
Diamond prices have held their own this year, despite the markets impetuous downward spiral. Prices of top gems have been keeping the finances rolling while mid grade mass consumed diamonds sales slumped. Now, as the crisis deepens, Diamond prices are under pressure.
Continue reading "Diamonds under pressure"
Tuesday, September 23, 2008
The diamond industry has been having a unique year.The top jewelry sales time is just around the corner, and not till that milestone is over and the numbers are crunched will companies be able to conclude on the successes and failures of 2008.
Continue reading "Russian diamond giant first to report dropping revenues"
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Tuesday, February 9, 2010