Diamond Inventory at Record Low: How Will It Shape 2025?
Apr 12, 2024 · Diamond analyst Paul Zimnisky predicts that global diamond mining output will reach just 105 million carats this year, marking the lowest volume since 1995. In a recent article, Zimnisky emphasizes that this figure is particularly striking given that in 1995, diamond mining in Canada and Angola had yet to commence. Today, Canada and Angola rank as the world’s third- and fourth-largest ...
About IDI - Israeli Diamond Industry
The Israeli diamond industry plays a pivotal role in the global diamond industry and trade. Due to its extensive experience, strong ethics, unique skills, innovative thinking, and locally developed diamond technology, the Israeli industry has a well-established and respected reputation.
Early Signs of Diamond Price Stabilization in November
Mar 12, 2024 · Diamond prices appear to be stabilizing, driven primarily by a decline in diamond supply, according to the IDEX diamond price index published by IDEX Online.. The report indicates that increased demand ahead of the holiday season has contributed somewhat to rising prices. However, the primary driver of price increases is a relative shortage of rough diamonds.
De Beers and Botswana: Long-Term Agreement in Focus
Nov 25, 2024 · Botswana’s new president expressed confidence that his country’s diamond agreement with De Beers will continue and that the two partners will resolve any remaining issues, as reported by IDEX Online.. Botswana’s President Duma Boko, who was elected in Botswana’s October elections, recently hosted De Beers CEO Al Cook and Duncan Wanblad, CEO of Anglo American, De Beers’ parent company ...
Report: De Beers to Reduce Sightholders Again
Oct 21, 2024 · De Beers is planning to further reduce the number of its sightholders, according to a report by IDEX Online.. The diamond company revealed last month that, starting in January 2026, it plans to decrease the number of companies directly purchasing rough diamonds from it, according to the report.
Nissim Zuaretz Elected President of the Israel Diamond Exchange
May 21, 2024 · Nissim Zuaretz, President of the Israel Diamond Manufacturers Association (IsDMA) and owner of DN Diamonds, which has been awarded the title of Outstanding Exporter three times in the past decade, was elected President of the Israel Diamond Exchange (IDE), as confirmed by the 74th General Assembly of the Exchange, which convened yesterday (Monday). ...
Israeli Diamond Industry
The Israeli Diamond Industry Portal Introduces Diamond dealers and Suppliers - Get the latest Diamond News and Establish New Business Connections.
Mazal and Bracha - Traditional Phrase For Closing Diamonds Deal
Nov 2, 2024 · Mazal and Bracha: Understanding Mazal Meaning and its Connection to Buying Diamonds “Mazal and Bracha” is the traditional phrase the diamond industry uses when closing a deal.
Visa: U.S. Holiday Sales Grow 5%, Jewelry Sales Strengthen
Dec 31, 2024 · Retail sales in the U.S. during the holiday season rose by 4.8% compared to the same period last year, driven by improved consumer confidence, according to a report published by Visa and covered by Rough&Polished. The report highlights that the clothing and accessories category, which includes ...
THE MOST EXPENSIVE RINGS IN THE WORLD - Israeli Diamond …
Apr 26, 2023 · Following the sale of the Pink Star, a 59.60-carat pink diamond ring for $71.2 million at Sotheby’s Hong Kong in April 2017, the Jewellery Editor delves into some of the most expensive rings in the world.. The Pink Star . The 59.60-carat pink diamond ring features the largest Internally Flawless Fancy Vivid diamond ever graded by the GIA. Selling for $71.2 million, it is now the most ...