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How Three Jewelers Are Coping During COVID-19
Can my company survive this crisis? How long will the shutdown last? Should I lay my workers off?
News Apr 07, 2020 Joshua Freedman
Rough diamonds
Kimberley Process Plans to Digitize Its Certificates
The Kimberley Process (KP) is trialing the use of digital certificates for rough-diamond shipments, claiming the method
News Apr 05, 2020 Joshua Freedman
Alrosa rough diamonds
Alrosa Allows Clients to Defer All Purchases
Alrosa is allowing full flexibility at next week’s monthly rough-diamond sale, enabling long-term clients to delay purchases until
News Apr 02, 2020 Joshua Freedman
Rough diamond
De Beers Enables 100% Deferrals at March Sight
De Beers is allowing sightholders unlimited deferrals at its upcoming rough-diamond sale as manufacturing closures have obliterated demand, market
News Mar 26, 2020 Joshua Freedman
Kay Jewelers store Bethesda
Signet Closing All Stores in US, Canada
Signet Jewelers is shutting all its stores in North America due to the coronavirus, a company spokesperson confirmed with
News Mar 22, 2020 Joshua Freedman
De Beers Botswana
De Beers Sight Still On Despite Travel Ban
De Beers’ upcoming sight in Botswana will still take place despite the country’s ban on arrivals from the
News Mar 18, 2020 Joshua Freedman
Rough diamond in loupe
De Beers Sales Fall as Virus Impacts Sentiment
De Beers’ rough-diamond sales declined 28% year on year to $355 million in February as the coronavirus hit demand.Many sightholders
News Mar 04, 2020 Joshua Freedman
DTC Botswana
De Beers Reveals Overhaul of Sight System
De Beers plans to split sightholders into three categories and offer each group a more bespoke selection of rough
News Mar 01, 2020 Joshua Freedman
De Beers sightholder examining rough
De Beers Lets Sightholders Defer Chinese Goods
De Beers has allowed clients to forgo buying certain rough diamonds at this week’s sight, as the coronavirus outbreak
News Feb 26, 2020 Joshua Freedman
China customs officials
China’s Diamond Trade Weighs Virus Effect
Chinese retail is almost dead, the country’s bourses are quiet, and even importing rough goods has
News Feb 25, 2020 Joshua Freedman
Rough diamonds De Beers
Virus Likely to Impact Demand at De Beers Sight
De Beers and its clients expect a slowdown in rough-diamond sales at the company's Botswana sight this week amid
News Feb 25, 2020 Joshua Freedman
Ellen Joncheere HRD Antwerp
HRD Antwerp Not for Sale (for Now)
The Antwerp World Diamond Centre (AWDC) has postponed the sale of HRD Antwerp, and will instead
News Feb 23, 2020 Joshua Freedman
HRD Antwerp Hatton Garden
Peter Meeus Bids Again for HRD Antwerp
Former HRD Antwerp chief Peter Meeus has made a second offer to buy the Belgian laboratory, after
News Feb 19, 2020 Joshua Freedman
Gold Demand
Gold Demand Lifts Mood at India Jewelry Show
Exhibitors at IIJS Signature in Mumbai expressed confidence India’s wedding tradition and enduring love of gold would help
Analysis Feb 17, 2020 Joshua Freedman
Star Rays factory Surat
Star Rays Outlines Plan to Be Carbon-Neutral
Star Rays revealed its intention to be the first Indian diamond company to become carbon-neutral, arguing that greener
News Feb 16, 2020 Joshua Freedman
India letters
GJEPC: Coronavirus May Lead to Payment Delays
India’s diamond industry has asked banks and the government for help with its credit difficulties,
News Feb 12, 2020 Joshua Freedman
Arosa IDWI
Alrosa Puts Lower-Value Mines on Hold
Alrosa has paused production at certain lower-value deposits as the diamond industry continues to face an inventory imbalance and
News Feb 12, 2020 Joshua Freedman
Spreading the word
What Avocados Can Teach the Diamond Trade
When millennials tuck into their avocado toast, they probably don’t realize they’re going along with
News Feb 10, 2020 Joshua Freedman
AGD
Grib Diamonds Taps New Rough Source
Grib Diamonds has started buying rough in Angola, as a new company structure has enabled it to diversify beyond its
News Feb 09, 2020 Joshua Freedman
Alrosa Udichniy Mine
Alrosa Reveals Client List for 2020
Alrosa has named 58 companies that qualify for its long-term rough supply in 2020.The annual reshuffle saw
News Feb 06, 2020 Joshua Freedman
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