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1990 1997-12-01

Christies Diamond Sales Add Value to Diamond Market

1990: Christies Diamond Sales Are Not Jerked By Worldwide Financial Turmoil December 1997 Christie’s annual Magnificent Jewels sale in New York fetched a total of $28,377,188. The top lot, a square-cut D internally flawless diamond ring of 30.21 cts. brought in almost…
1990 1997-12-01

Orange Diamonds at Sotheby’s Jewelry Sales Attracted Private Dealers

1990: Orange Diamonds at Sotheby’s Are Central Attraction for Diamond Collectors December 1997 A rare fancy vivid orange diamond weighing 5.54 carats, sold for $1,322,500 or more than $238,000 a carat. The record price was paid by Harry Winston. Another innovation at…
1990 1997-12-01

Israeli Diamond Exports Make Their Way to U.S. Diamond Market

1990: Israeli Diamond Exports Would Exceed $4.25 Billion Record December 1997 The combined effect of the business slowdown which accompanies the Jewish High Holiday season and the turmoil in Hong Kong and Southeast Asian countries is being blamed for the 39% drop…
1990 1997-12-01

Jewelry Store in Mexico Will Successfully Contribute To Retail Markets

1990: Jewelry Store in Mexico Maybe Referred As Posh Boutique December 1997 While continuing to demonstrate strong sales in Japan amid a weak retail environment (not to mention its strong stock market performance in a highly volatile global market), Tiffany is moving…
1990 1997-12-01

De Beers stock slide and the diamond business

1990: Diamond Stock of De Beers Earned Hefty Profits While Others Suffered Profit Squeeze December 1997 While we are not in business of offering stock market advice, the sudden slide of De Beers stock is of great interest to us and the…
1990 1997-11-01

Diamond Mine Development in India Is a Slow Process

1990: Diamond Mine Development in India Is Confronting Unnecessary Delays November 1997 The government of India has extended its deadline for an additional month on bids for mine development at its Madhya Pradesh Diamond Mining project. The extension follows the failure of…
1990 1997-11-01

Canadian Diamond Production vs. Angola Diamond Production

1990: Canadian Diamond Production and Sales Ascribe Less Value November 1997 A final bulk sampling by Aber Resources consisting of 8,275 carats from its Diavik project in Canada’s Northwest Territories was valued at an average price of $56 per carat by eight Antwerp diamantaires,…
1990 1997-11-01

Diamond Exhibition Museum at New York Displays Diamond Uniqueness

1990: Diamond Exhibition Museum Exhibits Natural Shaded Diamonds November 1997 The great effort on the part of nature and nature’s helpers (professional diamond cutters) in terms of the final product that we call a polished diamond is demonstrated to great effect at…
1990 1997-10-01

Polished Diamond Deals Remained Stagnant Due To Shipping Delays

1990: Polished Diamond Deals Turned Into Unpolished Diamond Deals October 1997 Lazare Kaplan International Inc. announced its results for first quarter of fiscal 1998, ending August 31, 1997. Net sales were $45.2 million, compared to $69.4 million in the first quarter last…
1990 1997-10-01

Diamond Conferences Are On Their Way to Develop Diamond Industry

1990: Diamond Conferences Involve Mining Administrators from Diamond Centers October 1997 Investor interest in diamond mining is clearly surging if the proliferation of diamond mining conferences is any indication. A sampling: This month, the 2nd Financial Times Diamonds Conference is being held…