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De Beers back in profit as diamond prices jump

De Beers back in profit as diamond prices jump

De Beers mines for diamonds in southern Africa. The Millennium Star, left, was found in Zaire and bought by De Beers.

(February 11, ’11, The Telegraph)
Rough diamond prices were 27pc higher in 2010, topping prices before the financial crisis, De Beers said. Demand is recovering in the US, the biggest diamond market, and Chinese and Indian consumers are increasingly splashing out on the gems.

However the diamond miner is cautious about 2011, and does not expect prices to rise at such a rapid pace this year.


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Protect Your Margins with Colour

First off, I want to extend a very warm welcome to theGembank. You are getting this email because you signed up for it at our web site <www.thegembank.com>.

As part of my commitment to anyone involved in creating or selling jewellery, I have put together a series of emails that I hope you will find of use. Most of the topics are around finding of making more money in your business. As someone whose background is in selling coloured gemstones and coloured diamonds, I thought I’d kick off the series with articles relating to selling them. I am of the opinion, that selling things that are easy to sell will never make you as much money as selling something that is a little more challenging. But if you have the tools, skills and knowledge, you are a fair way down the track.

I hope you enjoy the emails and if there is a topic you would like me to look into, or a comment you would like to make, please feel free to get in touch. Email me at Richard@thegembank.com.

OK, enough formalities, I have prepared a series of articles that you might find interesting. The articles are just helpful tips and information about coloured gemstones, natural colour diamonds, sales and marketing and the gem trade.

Making money in the fine jewellery business can be tough, especially in these days of online and large scale retail competitors. For a small to medium sized business it might seem impossible to compete and make any money. With coloured gemstones, however, you have a great opportunity to protect your profit margins and be successful. All it takes is a little creativity in positioning coloured gemstones to attract the attention and interest of your potential customers.

Please leave your comment below or read other peoples’.

JA Reaffirms Stance on Zimbabwe and Conflict Diamonds

(February 3, ‘10, Edon Ophir)
Jewelers of America (JA) released a position statement today detailing the association’s commitments to responsible diamonds, with a special section dedicated to its stance on Zimbabwe and the controversy surrounding its mining practices.
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Welcome to Colour in its Element

colour in its elementColour in its element is the gateway to TheGemBank.com (where you can search my stock of Gemstones and Coloured Diamonds) and Gemrunner the Concierge service where I look for stones not found in my stock). It is somewhere to read an article about the trade, or other business matters and comment on them if you wish. You can even visit the free picture gallery and send a friend a postcard form there.

In time you’ll be able to do a lot more from this site. Please let me know how I can improve the site and your experience of it. Feel free to let me know what topics you are interested in or even write one yourself for posting. You can do all that by leaving a comment below or emailing me

Thank you and enjoy
Richard

The Red Edition : Autumn/Winter 2008

The Red Edition : Autumn/Winter 2008

This year International Gemstones Limited will be setting their stones against the backdrop of the most current fashion trends and giving them a setting they deserve. IGL will bered edition lady - buy gemstones online exhibiting Coloured Gemstones and Diamonds of all shapes and sizes. Having specialized in Rubies, Sapphires, and Natural Coloured Diamonds for over 50 years, they are able to show a fine collection of impressive stones in all colours. International Gemstones Ltd has called this 2008 show The Red Edition. With many designers dedicating so much runway to Red, Valentino, Ralph Lauren and Oscar de la Renta to name but a few, IGL feel quite at home with their Ruby element.

With the Paris shows also showing collections in Black and Grey this season, jewellers have the perfect Read more