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Fancy Color Diamond Price Direction

Fancy Color Diamond Price Direction

Fancy color diamonds include yellow, blue, pink, green, red, and a few others. The color of most diamonds comes from trace particle impurities that are present in the carbon lattice structure of the stone as it grows below the Earth. The most common trace element in diamonds is nitrogen, which imparts a yellowish or brown tint to the diamonds, depending on its concentration. Diamonds with nitrogen impurities are called Type Ia diamonds, and represent about 98% of all gem-quality natural stones in the world. Even D-color diamonds can have trace amounts of nitrogen, but the concentration is so small that it cannot be detected without sophisticated lab equipment. 

 

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The Great Diamond Slowdown of 2016, and Why We Need a Fresh Approach

The Great Diamond Slowdown of 2016, and Why We Need a Fresh Approach

We are in the middle of the summer, and trade has shifted gears to a slower pace. In August, many go on vacation, and the coming month is expected to be even slower than July. 

 

 

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4875 Hits

Why is Diamond Profitability Paper Thin?

Why is Diamond Profitability Paper Thin?

Examine the diamond sector – especially the midstream where most of the skilled activity takes place – and you will find a sector with very narrow margins and near zero profitability. This state of affairs keeps the industry constantly on the verge of bankruptcy. How did things get to where they are now? 

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5795 Hits

Time to Stop Bad Financial Practices in the Diamond Industry

Time to Stop Bad Financial Practices in the Diamond Industry

An interesting opinion column published this week highlighted the legal aspects of some of the business closures in the Indian diamond sector. Prominent Indian industry member Sanjay Kothari, formerly chair of the GJEPC, advocated much stronger steps against those involved in shady dealings. I’m not an investigative journalist and so not in the position to opine as to whether the actions he writes about are criminal or not. But I am a seasoned businessman, and can speak to business practices.

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4713 Hits

Diamond Industry Seeking New Path for Growth

Diamond Industry Seeking New Path for Growth

We are less than five months into the year, and 2015 already appears to be a year of fighting for survival and capital preservation. In the past, the trade always looked forward to the next trade fair or holiday for the next big push in sales. Now, just a month before the important JCK Las Vegas trade fair – the largest diamond and jewelry exhibition in the world, taking place in the most important market, and it seems that the industry is only looking forward to 2016.

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The diamond industry pipeline starts with mining, then rough trading, manufacturing, jewelry setting and finally retailing. It may look like a short and efficient journey, however it is anything but t...
It might surprise people to know that there are only around 50 active diamond mines in the world. These mines never seem to be found on the outskirts of major cities. Instead, they are usually located...
We have seen how the industry has undergone significant changes over the past 20 years and how smaller companies have emerged to play an increasingly important role in supplying rough diamonds to the ...
When I discussed fancy brown diamonds in last week’s article, I stated that unlike other fancy color shades that are extremely rare in nature, brown diamonds are plentiful and therefore command much l...
In the last two decades, much has been said about an impending demand vs. supply imbalance in the diamond industry. Huge mines discovered over the past 40 years are nearly mined out, some argue, and n...
A major diamond rush, located in Lüderitz (in the former German colony of Deutsch-Südwestafrika - German South West Africa) is among Namibia’s most famous diamond sites. In 1907, the Germen railroad w...
When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka D...
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