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The Case for Reducing Supply in Today’s Market

The Case for Reducing Supply in Today’s Market

The large diamond miners and major suppliers to the market offered large quantities of diamonds this cycle, as expected. List prices were generally steady, with one notable exception. Yet retailers and wholesalers with large polished diamond inventories are not buying diamond jewelry at a quick pace, even in the U.S. where business is the healthiest.

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Priorities for the new Diamond Producer Association

Priorities for the new Diamond Producer Association

The recent announcement of a new Diamond Producer Association is a welcome news.

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Reading the signs at JCK Las Vegas

Reading the signs at JCK Las Vegas

The JCK Las Vegas show was the center of attention for the diamond industry, with all looking for signs of recovery or indications that the current state of the industry will continue. The short answer is that the message from Las Vegas was mixed.

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The Asscher: A Royal Cut

The Asscher: A Royal Cut

One of the greatest diamond industry legacies belongs to the Asscher family of Amsterdam, established by master cutter Joseph Isaac Asscher. His son, Joseph Asscher, designed the original Asscher cut in 1902. Together with his brother Abraham, the duo went on to polish some of the most notable diamonds of modern history, including the Cullinan.

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Join the train or you might miss it

Join the train or you might miss it

Our fragmented industry has embarked on a journey of restructuring. 

Whilst our sector is gradually growing, our pipeline is gradually shrinking. Vertical integration has started to take off, with upstream companies moving downstream as well as the other way around.

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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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