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Blog Archive 2002-12-01

Diamond Sales Demographics during Christmas Holidays

Dec. 2002 Whatever happens at Christmas this season, online sellers are likely to be the winners. According to the U.S. Online Holiday Shopping Report, online retail sales will grow to $13 billion during the 2002 holiday season, an increase of 16% from…
Blog Archive 2002-12-01

Diamond Advertising Holiday Campaign Boosts Diamond Marketing

Dec. 2002 While their latest campaign, focused on fancy shape diamonds, has already launched, the Diamond Trading Company is far from finished with its holiday advertising campaigns. The DTC increased its holiday advertising spending by 14 percent. The DTC will add several…
Blog Archive 2002-12-01

Gold Demand Factors Contribute To Slump

Dec. 2002 Gold demand in the third quarter remained below last year’s levels, but the rate of decline decreased to 7%, from the 14% decrease in the first half-year, according to the World Gold Council’s quarterly review, Gold Demand Trends. In dollar…
Blog Archive 2002-12-01

Holiday Diamond Sale Can Bring More Profit to the Jewelers

Dec. 2001 Resilient consumers heading to stores to spend for the holidays are contradicting earlier warnings of a slow season. Despite recent data reporting that the economy is officially in a recession, stores have not seen a major slump in retail sales.…
Blog Archive 2002-12-01

Interest of Diamond Retailers in Wholesale, Online Diamond Sale

Dec. 2002 We are looking at a 1999 editorial in the Gemological Association of Great Britain’s “The Gem and Jewelry News,” talking about De Beers’ decision to go into branding: “[Some sectors] of the trade continue to think that De Beers is…
Blog Archive 2002-11-01

Canadian Arctic Diamonds Were Refined In Canada

Nov. 2002 Many Canadian diamond miners spoke at the recent Diamond Conference in Antwerp. Robert Boyd, president and CEO of Ashton Mining Canada, noted that about 50% of the exploration expenditures of De Beers, Rio Tinto and BHP Billiton are being spent…
Blog Archive 2002-11-01

Tiffany Diamond Company in Canada

Nov. 2002 Diavik, the new mine in the Northwest Territories of Canada, will open ahead of schedule, in February 2003, as opposed to the previously reported April 2003 timeframe. The Diavik mine is expected to yield as much as 102 million carats…
Blog Archive 2002-11-01

Bad Publicity of Diamonds Will No Longer Be a Concern for Diamond Industry

Nov. 2002 Former vice president Al Gore said that the industry will no longer have to worry about bad publicity over conflict diamonds during a speech at the Antwerp Diamond Conference on International Policies and Strategies. “This is a new beginning for…
Blog Archive 2002-11-01

Diamond Clarity Grades Exceeded Traditional Grading Process

Nov. 2002 Here is a synopsis of a very useful and informative seminar given by Diane Flora, CGA, which describes the grading techniques used by GIA’s Gem Trade Laboratory. Flora notes five factors determine a clarity grade: Size, number, position, nature and…
Blog Archive 2002-11-01

Diamond Buying Precautions Favor Diamond Customers

Nov. 2002 It is impossible to comparison shop for a diamond merely by considering the clarity grade. Just because two stones have the same letters and numbers—VS1 or VS2—does not mean that the stones are of the same value, even if they…