In this section we provide relevant industry news regarding diamonds from an investment point of view.
The latest news about the diamond industry and investment diamonds.
In this section we provide relevant industry news regarding diamonds from an investment point of view.
The latest news about the diamond industry and investment diamonds.
When it comes to the diamonds we use in our fine, handcrafted jewelry, BNT Diamonds is uncompromising. We exclusively use the highest quality, ethically-sourced natural stones, rather than following the recent trend of offering synthetic diamonds alongside the real thing.
The end of an era is looming. The iconic Arygle mine, which has been selling 90 per cent of the world's pink diamonds since 1984, is expected to cease production in November.
The price of rare pink diamonds is expected to skyrocket as the world’s primary source – Rio Tinto’s Argyle mine in Western Australia – goes offline, so does that mean prices will increase tenfold?
Auctioneers report rising demand and prices for pink diamonds, driven partly by China, and mine’s closure in 2020 could see that trend strengthen
The closure is anticipated to disrupt the global diamond market, and the value of coloured diamonds will likely skyrocket as supply falls. The Argyle mine has left a lasting impact on the global diamond market by reshaping consumer impressions of coloured diamonds.
According to new article published by the Fancy Color Research Foundation (FCRF), the majority of the 45 most notable diamond mines in the world operating at the moment will close within one generation, “and most diamonds will be sourced from the second-hand market”.
Colored diamonds, which have natural pink, blue, yellow, and other brilliant hues, will continue to be closely sought-after by collectors and investors in 2019, according to Russian diamond group Alrosa.
The diamond market has had its share of ups and downs, but experts believe the future for diamonds is positive, with demand increasing and predictions of a supply slump.
Both import and export of rough and polished diamonds grew significantly, with a growth rate of 8% for rough and 4% The total value of traded goods amounted to US$ 55 billion, which is very close to the record US$ 56.6 billion in 2011, making 2013 the second best year for Antwerp ever. The 2013 annual figures are in line with the trade analysis of the past decade, once again confirming Antwerp’s leadership as the world’s first and foremost diamond trading hub. According to CEO Ari Epstein production of rough diamonds has been decreasing for several years now. On the other hand, the percentage of rough diamonds passing through Antwerp increased to 84%. The total traded volume in Antwerp grew as well, from 207,1 billion carat in 2012 to 211,3 billion carat (or 42,3 tons of diamond) in 2013. In terms of polished diamonds there was a decrease: -3% for export, -0,7% for import. "Diamonds are getting bigger and more expensive. Clients invest more and more in high quality diamonds", Epstein says. He also considers this positive evolution as the result of an in 2012 launched marketing plan, which provides in tender facility, bringing together clients and sellers in Antwerp.