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"Men are like a deck of cards, you need a heart to love 'em, a diamond to marry 'em, a club to beat 'em and a spade to bury 'em”

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American Gem Society Laboratories  
A Diamond Is Forever noticed the women's 
fine jewelry self purchase trend and launched 
the "Right Hand Ring" marketing campaign. 

New York diamond dealers club

diamond dealers club new york Diamond District Struggles to Keep Up 
One of the biggest changes has come thanks to the Internet, where diamonds are now bought and sold, squeezing out the minor players that help populate the $143 billion jewelry business.

helzberg diamondshelzberg diamonds : Dramatic Reinvention Saves Some Jewelers During Tough Market 

Helzberg Diamonds doesn't compete for the same shopper as its mall counterparts, said Stacey McBride, a spokeswoman for the company, which has stores in MacArthur Center and Lynnhaven Mall. The store prides itself on "straightforward pricing," with no haggling. "What our price is, is what we sell it for," she said...

The New York Diamond Dealers Club has jumped on the Internet with an ambitious new Web site that includes a cyberspace trading floor. 

GIA New Cut Grade System Starts: Jan. 1, 2006!

GIA facetware cut estimator

Finally, after 15 years of research, it's here the online Gia cut grade software!

 



USA: Diamond Imports from Africa at $1.5B in '05 

By Jeff Miller Posted: 7/19/2006 found at diamonds.net

(Rapaport...July 19, 2006) Trade between the continent of Africa and the United State grew 37 percent in 2005 to $61 billion with imports to the United States accounting for the bulk at $50.3 billion. 

Diamonds accounted for $1.5 billion of the imports and oil accounted for more than $40 billion, according to the International Monetary Fund (IMF.) 

More than 82 percent of sub-Sahara exports to the United States came from four countries which were Nigeria (48 percent - mostly oil,) Angola (17 percent,) and South Africa (12 percent.)

The following list shows major diamond supplier countries to the United States from Africa. The Commerce Department total ($1.115 billion) for 2005 is lower than the IMF and does not reflect fluctuations in currency:
Angola $58 million

Botswana $132 million

Central Africa Republic $4.4 million

Congo $2.3 million 

Democratic Republic of the Congo $117 million

Ghana $2.5 million

Guinea $12 million

Lesotho $10.6 million

Morocco $72,000

Namibia $20 million 

Somalia $2,600

South Africa $750 million

Sierra Leone $5 million

Tanzania $982,000

Zimbabwe $106,000 

read also:  The Gemological Institute of America (GIA) will update the wording and the placement of “brillianteering” comments on its Diamond Grading Report and Diamond Dossier® for standard round brilliant diamonds beginning July 1, 2006.


 


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