Program aims to educate young consumers about mined stones’ positive qualities.
De Beers Poised to Ease Rough Pricing at July Sight
Miner appears to be shifting strategies at first sale under new contract.
De Beers’ Latest Sight Brings Diamond Crisis into Focus
Small rough is the biggest victim as tariffs compound the industry’s challenges.
On the surface, this week’s De Beers sight has been uneventful. The miner kept prices and flexibility rules the same as at the last sale. Demand remained split, with large rough selling and small goods out of favor — a dynamic in line with recent months’ trading sessions. Many of the Indian customers turned out only later in the week because of the Jain festival of Paryushana.
But beneath the façade is a brewing crisis for the rough market and the wider diamond industry, even with retail sales remaining steady…
Please Log in to your Account or Subscribe Now
This content is available only to Rapaport Price List and Trade Members
Stay Up-to-Date with Rapaport Industry News and Analysis
Top Stories from Rapaport
DRC Signs Deal with Swiss Firm ADEX to Upgrade Local Diamond Industry
European company aims to increase transparency and efficiency throughout supply chain.
Ore Grade, Output and Insurgency Challenges Impact Gemfields
Illegal mining and rebel activity are among factors affecting quality mix and cash flow, company says.
