2015 is looking up to be year in which rough diamond production sees a slight upticks, although it seems that one of Africa's major suppliers is all tapped out.
Clarity, one of diamonds' four basic ‘C’s, refers to how free a diamond is from inclusions and blemishes, internal and external features that negatively affect a diamond's shine, beauty, light refraction and its value.
This was a week that saw two landmark events take place in the diamond industry.
First, there were the Hong Kong trade fairs, one of the most anticipated events of the year. The other was a meeting that took place in London, which may prove to be as important, if not more important.
I have been quoted in Knightfrank.com about my vision of creating a total transparency pricing system for diamonds. You can read my comments here.
Most people call a diamond's shape "cut." Since January 2006, however, the Gemological Institute of America (GIA) started using the term to refer to the quality of a round polished diamond's workmanship, known as Cut Grade.