Farewell to 2024
December 26, 24 by John JeffaySo farewell then to 2024. Not the greatest year for the diamond industry, although there do now appear to be some green shoots of recovery. As we look forward to a happier and more prosperous new year - and as many of us enjoy a well-earned seasonal break... Read More...
The Power of AI
December 19, 24 by John JeffayMother nature hides her diamonds well . . . and artificial intelligence (AI) is now learning how to find them. AI processes mountains of existing data in a fraction of the time it would take an army of geologists and other experts, and it makes connections... Read More...
Think Diamonds, Think High Tech
December 12, 24 by John JeffayThink diamonds, think jewelry. OK, so some are used in industry to cut and grind stuff. But diamonds have been prized for their beauty more than their hardness or any other property. That's now changing. Partly because diamonds grown in a lab are now so readily... Read More...
Competition and Friendship
December 05, 24 by Erez RivlinCompetition and friendship in the diamond industry can and should go hand in hand, says Karen Rentmeesters, new CEO at Antwerp World Diamond Centre (AWDC). "In Flemish we call it 'comlegas'," she tells IDEX Online in an exclusive interview.... Read More...
Supply and Demand
November 28, 24 by John JeffayDemand is down, supply is down. We all know consumers aren't buying natural diamonds like they used to. And global production is in decline. But what about the future? Al Cook, De Beers Group CEO, addressed the challenges of finding new diamond reserves at the ... Read More...
Rarest of the Rare
November 21, 24 by John JeffayWhen was the last time you saw a red diamond? If the answer is "never," then you're not alone. Ronald Winston, son of legendary Harry Winston, was quoted as saying: "My father never saw a red diamond and he saw everything." Don't underestimate the rarity of red... Read More...
Don't Blame it on the Lab Growns
November 14, 24 by John Jeffay"So I've been feeling a bit 'guilty' from buying my fiancee a lab-grown diamond even though she has openly stated she doesn't care either way and totally loves the ring." That's just one of many stories of lab-grown woe on the internet. Dig a little... Read More...
Turning Point for Botswana and the World Diamond Industry?
November 07, 24 by Erez RivlinBotswana's historic change of power could become a breakthrough for Anglo American, and mark the light-at-the-end-of-the-tunnel for the entire diamond industry. President Masisi was ousted in a general election last week that saw an end to the ... Read More...
Crunching the Numbers
October 31, 24 by John JeffayDe Beers and Alrosa are not enjoying the best of times. Between them they produce well over half of the world's diamonds, by value. But De Beers has seen Q3 revenue slump by over three quarters, down from $899m in 2023 to just $213m. Market conditions... Read More...
Forever? Or for as Long as an Enduring Connection Lasts with a Significant Other?
October 23, 24 by John JeffayI wonder what Frances Gerety would make of the new De Beers marketing campaign. She was the copywriter who penned them the four-word slogan that transformed an industry: A diamond is forever. Was she thinking - as De Beers currently is... Read More...
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