How Will G7 Sanction Russia? And When?
October 26, 23 by John JeffayThe G7 nations are widely expected to announce details in the coming days of how they intend to outlaw Russian diamonds. It's been a long time coming - Russian tanks rolled into Ukraine on 24 February 2022 - and it could yet take a long time to implement.... Read More...
Super-Cheap and Super-Expensive
October 19, 23 by John JeffayLab growns are heading in two directions - super-cheap and super-expensive. The collapse of WD Lab Grown Diamonds, with debts of almost $45m, surely tells us something about the state of the industry, as prices plunge. And so does the launch by Fred... Read More...
Israel: A Nation Mourns
October 11, 23 by John JeffayWe are in mourning. Our nation has been devastated by an act of unimaginable cruelty by the Hamas terror group. Israel is a small country and we acutely feel each other's pain. The death toll, reported as 100 in the immediate aftermath of Saturday's massacre, now... Read More...
A Tale of Two Tragedies
October 05, 23 by John JeffayIt's been a tough few days. Last Friday an illegal gold mine collapsed in Zimbabwe, killing at least 10 people. Then on Sunday a private plane collecting diamonds from the Murowa mine, also in Zimbabwe, crashed killing all six people on board. Among them were Indian... Read More...
Messy End to a Promising Diamond Deal
September 28, 23 by John JeffayIt was going to "turn the diamond world upside down". That's how HB Antwerp described the innovation behind its agreement with Canadian miner Lucara. It would pay a best-guess polished price for Lucara's larger stones - a marked departure from standard practice Read More...
De Beers' Lab Grown Dilemma
September 21, 23 by John JeffayA brief history of diamonds: De Beers found them, De Beers sold them. The end. Company founder Cecil Rhodes bought his first diamond mine in 1871 and built a global industry. He had a ready supply of gems that were sufficiently scarce to be sold as "rare"... Read More...
Time for Christie's to Reflect on Horten Jewels
September 14, 23 by John JeffayThere's nothing like a swift and decisive action. Sadly, Christie's decision to cancel the final sale of Heidi Horten's vast jewelry collection was neither swift nor decisive. The auction house dithered for six months, despite an onslaught of criticism, and only decided... Read More...
The Measured Language of Rough Sales
September 07, 23 by John JeffayThere can be few indicators in the diamond world as compelling as De Beers rough sales. The three figures between a dollar sign and the word "million" that are published every cycle provide a pretty good snapshot of the health, or otherwise, of the industry... Read More...
Not so Clear, Not so Conspicuous
August 31, 23 by John JeffayWhat happens if an advertiser fails to mention that the diamond they're selling was actually grown in a lab? There's a set of guidelines in place in the US, formulated by the Federal Trade Commission (FTC), which require what it calls "clear and conspicuous disclosure".... Read More...
The Big Lab Grown Giveaway
August 24, 23 by John JeffaySteven Singer is putting his money where his mouth is. He's so convinced that lab growns are worthless that he's literally giving them away. You may have read about the giveaway launched earlier this month at his store in Philadelphia, USA, with 600 customers getting... Read More...
< Earlier | Later > |