Global Diamond Production Decreases 4.2% in 2015

The Lesson of Sight 8: No Need for More Rough - featured

Diamond production in 2015 had mixed results. According to just released Kimberley Process figures, 127.4 million carats of diamonds were mined around the world, a 2.1% increase compared to 2014. The total value of production decreased 4.2% to $112.3 billion. The rise in volume and decrease in value resulted in a decline in the average value of production. Prices fell …

Be Real, Maintain Price, Don’t Be A Clone: Viva Las Vegas

Be Real, Maintain Price, Don’t Be A Clone: Viva Las Vegas

While clearly better than last year’s show, the recent JCK Las Vegas trade show proved that the fine jewelry industry is still far from being out of the cold. Diamond booths were surprisingly busy, and it seems that generally the industry is making strides to combat some of its main issues: generic marketing and lab-grown goods. Exhibition Business – Jewelry …