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De Beers Records $189M First-Half Loss
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Date: August 3rd, 2025 2:29 PM Author: Motley area trump supporter https://nationaljeweler.com/articles/14147-de-beers-records-189m-first-half-loss (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49152982) |
Date: August 3rd, 2025 2:29 PM Author: Motley area trump supporter The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49152984) |
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Date: August 3rd, 2025 2:30 PM Author: Motley area trump supporter De Beers mined 10.2 million carats of diamonds in the first half of 2025, a 23 percent drop from 13.3 million in the prior-year period that reflects the company’s deliberate pullback on mining in light of the decline in demand.
Production fell 26 percent in De Beers’ top-producing country, Botswana, while production was down 43 percent in Canada. |
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Date: August 3rd, 2025 2:35 PM Author: wild pistol locale With lab produced diamonds you can avoid crushing tariffs by literally making your diamonds in America (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153000) |
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Date: August 3rd, 2025 2:38 PM Author: Motley area trump supporter Both lab diamonds and mined diamonds have to be cut and polished. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153008) |
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Date: August 9th, 2025 3:48 PM Author: insane french chef parlor Most of that is already done in India and China. Sorry Shlomo (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170098) |
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Date: August 3rd, 2025 2:42 PM Author: Motley area trump supporter More than half of millennial and Gen Z couples pick engagement rings with a lab-grown diamond—and it means larger stones aren’t the status symbol they used to be
https://fortune.com/2025/03/11/lab-grown-diamonds-vs-natural-gems-engagement-rings-stones-carats-prices/ |
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Date: August 9th, 2025 3:51 PM Author: Tan passionate selfie "according to a report by McKinsey & Co., which also called lab-grown diamonds 'likely the biggest challenge facing diamond producers today.'"
Thanks, McKinsey. Hope one of the hot-girl HBS grads in between maternity leaves got to write that one. |
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Date: August 9th, 2025 4:23 PM Author: Motley area trump supporter Have you ever met a hot girl who graduated from HBS? (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170209) |
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Date: August 3rd, 2025 2:46 PM Author: Hairless carmine old irish cottage center Was walking on 47th between 5th and 6th the other day and let me tell you something, it was not a pretty site. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153043) |
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Date: August 3rd, 2025 3:01 PM Author: Motley area trump supporter NYC Diamond District – 9 Tips to Avoid Scams And Ripoffs
You can find the Diamond District in NY along West 47th Street in between the 5th and 6th Avenue |
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Date: August 3rd, 2025 3:03 PM Author: violet mischievous business firm mood 9483773927 (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153078) |
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Date: August 3rd, 2025 4:02 PM Author: White apoplectic candlestick maker Shorting SIG is easy money (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153261) |
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Date: August 3rd, 2025 8:30 PM Author: Marvelous clear regret SIG is likely to profit from selling lab grown diamonds. bad idea. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153813) |
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Date: August 9th, 2025 3:32 PM Author: White apoplectic candlestick maker SIG makes its money from warranties that are tied to the price of the item. LCDs are deflationary. HTH (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170052) |
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Date: August 9th, 2025 3:46 PM Author: Marvelous clear regret You're retarded and don't know anything about the jewelry business.
They make 10% of their revenue from warranty sales. The other 90% (over $6B annually) comes from new jewelry sale. They are not like Best Buy, which makes 50% of its profit from warranties dumbasses buy. (Margins on ready to wear jewelry are way higher than on consumer electronics, and fewer people buy warranties since they also may have insurance and jewelry can be repaired by indecent shops too (unlike a Vizio tv or Sony receiver).
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Date: August 3rd, 2025 8:31 PM Author: Marvelous clear regret Lab grown diamonds are taking big market share from UMC types. Upper class is still buying diamonds, and there is renewed interest in the vintage market due to craftsmanship and more nouveau riche trying to look old money. At least in NYC and its suburbs. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49153814) |
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Date: August 9th, 2025 3:58 PM Author: Tan passionate selfie Everyone who's buying diamonds at all is buying LGDs, which are superior in every way applying the objective grading criteria that have been used to measure diamond quality for literally centuries.
I've been sticking to precious metals and pearls for my wife for a decade now. The diamond tennis bracelets and whatnot that my dad used to buy my mom every year growing up have been barely holding their value, even according to the insurance-sponsored auto-appraisals that have every incentive to apply a flat annual increase. |
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Date: August 3rd, 2025 8:54 PM Author: Magenta lascivious lay I could be wrong because i'm not really in true upper class circles, but in UMC circles, diamonds aren't really a status symbol anymore.
Women care about how many carats there engagement rings are.
Other than that, I don't think women now care about another womans diamond earings or whatever. It seems way below handbags, shoes, even athleisure like Lululemon is more of a status symbol than dimaonds.
I don't even see it in movies anymore where the guy wows the girl with a diamond bracelet. Now the guy in a movie would surprise her with 2 first class tickets to Thailand. |
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Date: August 3rd, 2025 11:06 PM Author: Motley area trump supporter "I don't even see it in movies anymore where the guy wows the girl with a diamond bracelet. Now the guy in a movie would surprise her with 2 first class tickets to Thailand." (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49154111) |
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Date: August 9th, 2025 4:28 PM Author: orange base We are all very impressed you can afford $120 for leggings. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170219) |
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Date: August 3rd, 2025 11:07 PM Author: Contagious angry meetinghouse place of business they're branching out into safaris ljl
https://www.mervisdiamond.com/pages/safari |
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Date: August 4th, 2025 12:06 AM Author: Cerebral domesticated hall diamonds died out somewhere between late gen-x / early millenials. everyone after that didn't have the money + the lab alternatives started to take hold. i don't see that mining industry and the (((middlemen))) who move it lasting more than another 50yrs, tops. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49154218) |
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Date: August 4th, 2025 12:17 AM Author: Motley area trump supporter Iranian missile hit the Israel Diamond Exchange (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49154224) |
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Date: August 9th, 2025 3:49 PM Author: insane french chef parlor Israel didn't dare complain about it either (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170102) |
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Date: August 9th, 2025 4:26 PM Author: Adventurous locus Glad we have this expert take from some fat retarded unemployed kike that does data compliance (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2E#49170213) |