Diamonds
Blue and Pink Diamonds Show Price Stability in Q3 2019
Prices of fancy color diamonds remained stable in the third quarter of 2019, according to the Fancy Color Diamond Index (FCDI) published by the Fancy Color Research Foundation. The prices of pinks remained stable this quarter. The slight decrease of 0.1 percent overall was due to a 3 percent decrease in the 5 carat fancy … Read more
More Brides Buying Their Own Engagement Rings
The proportion of engagement rings financed solely by brides rose to 14% in 2017 from 11% in 2015 and 7% in 2013
Rio Tinto Output Falls Amid Lower Grades
Lower mining grades and reduced ore availability contributed to a drop in Rio Tinto’s third-quarter diamond production, the company reported Wednesday. Output at its wholly owned Argyle mine in Australia fell 7% year on year, yielding 3.6 million carats in the three-month period ending September 30. Production was hampered by lower grades, despite stronger mining … Read more
Synova Launches Automated Diamond Cutter
A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond manufacturing and reduce costs. Synova’s DaVinci system is the market’s first automated instrument that can produce all 57 facets of a round brilliant diamond in one process, the Swiss company said Thursday. The user … Read more
