This article will address some of the past and future diamond trade shows, those that have been given significant attention. Trade shows are attended by both importers and exporters who are looking for good diamonds at great prices. Continue reading »
India is positioning itself to maintain a hold on the rough diamond market and increase revenue by eliminating the middleman. In a bold move, India is redirecting its focus from Antwerp, Belgium, where it has had a longstanding rough diamond import agreement, to African resources where rough diamonds can be directly imported. Continue reading »
Did you ever think that a large hose with the ability to flesh out the diamonds hidden under the ground would every come to pass? It has, as a group that develops mining solutions has revealed. One of the larger mines and mining industries in Southern Africa will now be using these highly specialized mobile vacuum solutions to recover and then transfer the stones to their destination. Continue reading »
Diamonds are one of the most popular types of gemstones known to man. Millions of people wear jewelry that is adorned with diamonds on a daily basis. There are several locations around the world in which diamonds are mined; however, geologists are always searching the world for new areas to mine for diamonds. While it is possible to find diamonds anywhere, there are certain geographical locations that are much more likely to produce a higher quantity of diamonds than others. When geologists are searching for potential diamond mining sites, they will begin their search by looking for areas of earth that are concentrated with kimberlite. This is because many of the kimberlite pipes around the world are heavily concentrated with diamonds. Continue reading »
The nation of Namibia is located in southwestern Africa. It is bordered on the south by South Africa, to the north by Angola, to the East by Botswana and a sliver of Zimbabwe, and to the west by the South Atlantic Ocean. This small nation is also one of the primary sources of gem-quality diamonds in world diamond production. Continue reading »
While most people do not know whom Martin Rapaport is, those in the diamond industry do. He is a man of very high influence. He also produces what is the Rapaport Index. This tool is perhaps one of the most important tools of the diamond market because it helps with diamond pricing for the global industry. He delivered his report earlier this week at the JCK Jewelry Show in Las Vegas. Continue reading »
In a press release issued on May 19th by the GIA, Geological Institute of America, the date of the 18th Annual Jewelry Career Fair was announced. According to the press release, the event will take place on Friday, July 25th 2008. The event will be at the lavish Jacob Javits Center in New York City. While this may not mean much to those purchasing diamonds, a significant event will affect those that work in the industry. Continue reading »
In the growing fear of recession many industries are starting to feel a slowdown in business. Not so with diamonds. Diamonds are still proving to be a good investment. In fact, diamonds are actually a perfect recession-proof investment. A good diamond will always only increase in value. A recent report showed that while the purchase of other jewelry items might have decreased slightly diamond jewelry sales continued to increase. There are several reasons for this trend. Continue reading »
The United States has issued changes to the rules that apply to the import and export of diamonds in the rough. The changes were made to help further oversee the import and export of the rough diamond trade. One of the most significant changes in the policy is that reports must now be filed for all diamonds. In the past rough diamonds that were valued under $2,500 were allowed to enter informally. The new laws will take effect starting in September 2008. Continue reading »
The diamond industry can be divided into two categories: the production of gemstone diamonds and industrial grade diamonds. Both industries are flourishing, though they are entirely different in many respects.The gemstone diamond industry is controlled by a handful of entities and limited to a few major trading centers. One of the most important names involved in the process in Antwerp. The city has four diamond bourses, one for bort and the others for gemstone quality diamonds. The Antwerp World Diamond Centre is an important entity in the diamond sales because it sets the standards in ethics and regulations and is largely considered the center of the industry. 80% of all rough diamonds and 50% of all cut diamonds are handled at Antwerp. However, New York is the American diamond capital, and sells over 80% of all of the world’s diamonds. You will notice that the most famous diamond stones will usually pop up in New York for sale or for exhibition. Continue reading »
