Diamond News Archives

(IDEX Online) - Ten women designers have each created a limited edition of 10 affordable engagement rings, all using ethically and sustainably sourced diamonds from Botswana. 

They were challenged to re-design the iconic symbol of love for the Ten/Ten project, all using diamonds under a carat from De Beers.  The 100 rings will be sold exclusively on Blue Nile from January.

New York-based Marla Aaron (pictured), one of the chosen designers, said: "I have loved learning about how mining started to happen in Botswana, how it is so community-based. It seems authentic, aligned with the values we have as a company."

Stephen Lussier, executive vice president of consumer markets at De Beers, said: "We are offering a fresh take on how this symbol is still essentially meaningful for couples today." 

Sean Kell, CEO of Blue Nile, said: "Collections like Ten/Ten offer a reinvented, fresh and relevant take on the traditional diamond engagement ring."...

Inflation expectations as priced by the Treasury market are hitting 18 month highs just now. As the reader can see, inflation expectations across all treasury maturities are at cycle highs. This is happening coincident with growing expectations for the $908bn bipartisan stimulus deal and widespread...

 

(IDEX Online) - Bahrain's stock exchange has signed a trade agreement with the Israel Diamond Exchange (IDE) following September's historic normalization of relations between the two countries.

 

Officials from the Bahrain Bourse visited IDE, in Ramat Gan, to sign a memorandum of understanding (MOU) aimed at creating commercial opportunities, especially in commodity-based assets.

 

The agreement comes just days after the opening of an office at IDE by Dubai's free trade zone, the Dubai Multi-Commodities Centre (DMCC).

Bahrain's minister of industry, commerce and tourism, Zayed R. Alzayani, who was at the MOU signing, said: "We are looking forward to capitalize on trade opportunities, especially in diamonds and we thank the Israel Diamond Exchange for exhibiting numerous avenues of cooperation between Bahrain and Israel."

 

Yoram Dvash, IDE president said: "We look forward to creating a dialogue with the Bahrain Bourse, to exchanging ideas and sharing information, and to exploring joint commercial initiatives. I am sure that this MOU will lead to economic opportunities for both sides."

Pic shows L-R (standing) Minister Alzayani, Mayor of Ramat Gan, Shama Hacohen, (seated) Yoram Dvash, Sheikh Al-Khalifa
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(IDEX Online) - The IDEX Polished Diamond Price Index remained virtually unchanged for a second consecutive month, suggesting a slowdown in the recovery. Month-on-month prices saw a slight drop after three months of growth.  November saw the Index in slight overall decline, closing down 0.13 per cent at the end of the month. October also saw next to no movement, rising fractionally by just 0.02 per cent. 

IDEX Online subscribers please click here ^[1]to read full report.
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