A new strategic marketing program known as Together Works, designed to give jewelers round-the-clock access to Israeli diamonds, kicked off at the Israel Diamond Institute annual press event at BaselWorld on Friday. For full story, click here
When 2008 started off, the world’s mining industry was in the mist of a boom, with never before seen prices being fetched for most of the metals, and miners raking in profits. With the way 2008 came to a close, it is hard to imagine that this was the scene just months earlier.
The Diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The diamond industry concerned that economic hardships in the US will dampen holiday jewelery demand, as Christmas is when jewelers realize the majority of their annual sales.
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