> RBC Reports Details Challenges and Hope in Diamond Industry
Dwindling output from existing mines is pushing development into new areas in Canada, Botswana and South Africa, but these mines are still several years away from moving into full production. Some of these mining areas are relatively new, such as areas around Canada's Arctic Circle.

(October 07, 2009)

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>To Sell Diamond Jewelry, Mind Your Price Points
Throughout the recession, bridal has held up as the backbone of diamond jewelry sales. But that doesn't mean retailers can abandon diamond earrings, pendants and bracelets-even if the price points are lower.

(October 01, 2009)

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> Fabergé Brand Relaunched After 90-Year Hiatus
Famed jewelry brand Fabergé is being resurrected after the new owners of the brand launched a revamped jewelry line. Pieces in the new collection start at $30,000, with an average price of $200,000.

(October 01, 2009)

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> Mixed Reactions to Hong Kong Show
If sales at the Hong Kong Jewellery & Gem Fair reflect the current state of the global economy, then full recovery is still ahead of us, the U.S. market is still hurting, and in China business is slower yet clearly pulling ahead. Almost all exhibitors at the show reported a decreased level of sales, and expressed a certain amount of discontent with the show.

(September 27, 2009)

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> Zim Court Rules Against Gov't, Affirms ACR Marange Claim
African Consolidated Resources (ACR), which holds the diamond mining rights to the Marange diamond fields in Zimbabwe, The Observer reported on Sunday. The Marange diamond fields were the center of attention for the brutal takeover actions of the Zimbabwean government – first driving out ACR and later attacking the local population and claiming the lives of some 200 people.

(October 04, 2009)

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> Despite Loss Petra Outlook Positive, 507 Carat Diamond Found
Petra Diamonds posted an $8.6 million loss for the fiscal year, ending June 30 compared to a $25.5 profit in 2008. Group losses totaled $88.9 million, according to unaudited results announced September 29.

(September 29)

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> GIA Reacts to Counterfeit Reports
The GIA issued a fraud warning after three diamonds bought in South Africa, were reported to have been sold with forged grading reports. After examining the diamonds, it was revealed that at least one of the stones was treated with high pressure/high temperature (HPHT). According to the GIA, the problem is not believed to be widespread.

(September 29, 2009)

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