Tag: Diamond Market
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COURBET : The ‘disruptive’ French Sustainable Jewellery brand that even refuses ‘fairmined’ gold and diamonds
By Philippe Mihailovich & Caroline Taylor In line with 21st Century youth who are now demanding vegan leathers be used by luxury brands, we are now witnessing the emergence of a ‘sustainable’ high-end jewellery house on the famous Place Vendôme*, for whom anything mined is considered harmful to the environment and thereby unacceptable.…
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Global diamond demand to outpace supply
Worldwide Diamond Consumption to Surge by More Than 60 Percent by End of Decade Global diamond demand will outpace supply, signaling solid pricing prospects and a strong positive outlook for the industry overall, according to the 2012 Global Diamond Industry Report, released by global business consulting firm Bain & Company. A surge in rough diamond…
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Siberian Popigai Crater diamonds could turn the market upside down
The far north of Siberia is believed to have vast and untouched diamond reserves in a unexplored crater. The 100-kilometre (60-mile) Siberian Popigai Crater was formed by a huge asteroid 35 million years ago and is lying 2,000 kilometres from the main Trans-Siberian railway line. The deposit sits at the northern end of the border…
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Harry Winston luxury segment increased 19% in the prior year
Harry Winston Diamond Corporation Reports Fiscal 2012 Fourth Quarter and Year-End Results Harry Winston Diamond Corporation announced its fourth quarter and year-end results for the period ending January 31, 2012. The annual results highlights include: Rough diamond production for the calendar year 2011 was 6.7 million carats compared to 6.5 million carats in the prior calendar…