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Diamonds Are A Girl’s (and a Thief’s) Best Friend: The Top 10 Diamond Movies

Diamonds Are A Girl’s (and a Thief’s) Best Friend: The Top 10 Diamond Movies

I recently found myself watching an old movie in which diamonds play the primary role. It reminds me that Hollywood has long had a fascination with diamonds. Diamonds lend themselves well to cinema - whether it’s a love story, a crime story, or an action-packed thriller, diamonds provide both the romance and intrigue that moviegoers are looking for. I’ve decided to compile a list of some of my favorite diamond-themed movies, and I hope to hear about yours too..

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9167 Hits

Buy Less Rough: Lessons from the September 2016 Hong Kong Show

Buy Less Rough: Lessons from the September 2016 Hong Kong Show

In a departure from other shows over the past year and more, the September show in Hong Kong saw a decent amount of business, and many exhibiting diamond firms reported a rise in transactions compared to previous shows. There is a good reason for the change, and it does not necessarily serve as a positive sign for the diamond industry.

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5381 Hits

The Credit Driver at Work

The Credit Driver at Work

During De Beers’ Sight last week, the company raised prices by 2-4% on average, according to traders. Sightholders that chose to sell rough diamonds from the Sight reportedly sold them for higher premiums. Premiums on 4 grainers (1 carat rough diamonds) and larger are up to a reported 8%-15%. Some goods are selling for list price, or up to 3% above list price. With few exceptions, the rough diamond market is generally strong - some even described it as “hot”. The exceptions are boxes of -7 rough diamonds and the cheap goods, which are hard, if not impossible, to move. Considering that consumer demand for polished diamonds is not rising, we are faced with a mystery: what is fueling demand for rough diamonds?  

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Keeping Up With the Joneses: The Top 10 Most Expensive Celebrity Diamonds

Keeping Up With the Joneses: The Top 10 Most Expensive Celebrity Diamonds

The world of celebrities is constantly entertaining. For those of us in the diamond business, celebrities are important, since they buy a lot of expensive diamonds. This is very evident in celebrity marriages, where male suitors over the last few decades have bought increasingly valuable diamonds for their soon-to-be wives in an ever-expanding game of one-upmanship. Since many of these marriages are short-lived, the celebrity diamond market continues to provide opportunities for jewellers across the globe to place high value pieces in the hands of these high profile buyers. The list of expensive celebrity engagement rings is vast, and purchase prices are not always disclosed. Here are some of the most expensive celebrity engagement rings ever sold – the ones we know about, at least.  

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8075 Hits

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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...
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 ...
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...
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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