Antwerp February Rough Diamond Exports Jump 46% on Zimbabwe Gems

By | Uncategorized

Belgian exports of uncut diamonds climbed 46 percent by volume in February, helped by a second tender sale of stones from Zimbabwe, trade group Antwerp World Diamond Centre said.

Imports of rough diamonds rose 35 percent by volume, according to a statement from AWDC. January exports of uncut stones rose 22 percent with a 12.5 percent increase in imports. Exports of polished gems last month rose 13.6 percent, while imports fell 0.9 percent, AWDC said.

Read more…

De Beers Overhauls Gem Sales Process to Target Strongest Buyers

By | Uncategorized

De Beers is making the biggest change to the way it sells diamonds in more than a decade as it seeks to direct more gems to its most successful customers.

The world’s biggest diamond producer plans to jettison a process that allocates gems to buyers in proportion to their business plans. It will instead emphasize buyers’ track record in making purchases at previous sales events, the Anglo American Plc unit said in e-mailed comments this week.

Read more…