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De Beers Records $189M First-Half Loss
Poast new message in this thread
Date: August 3rd, 2025 2:29 PM Author: Aqua shrine https://nationaljeweler.com/articles/14147-de-beers-records-189m-first-half-loss (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49152982) |
Date: August 3rd, 2025 2:29 PM Author: Aqua shrine 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=2#49152984) |
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Date: August 3rd, 2025 2:30 PM Author: Aqua shrine 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: brindle diverse french chef 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=2#49153000) |
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Date: August 3rd, 2025 2:38 PM Author: Aqua shrine Both lab diamonds and mined diamonds have to be cut and polished. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49153008) |
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Date: August 9th, 2025 3:48 PM Author: https://imgur.com/a/o2g8xYK Most of that is already done in India and China. Sorry Shlomo (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49170098) |
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Date: August 3rd, 2025 2:42 PM Author: Aqua shrine 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: the walter white of this generation (walt jr.) "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: ''"'''"''"''''"'' Have you ever met a hot girl who graduated from HBS? (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49170209) |
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Date: August 3rd, 2025 2:46 PM Author: Splenetic fantasy-prone heaven 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=2#49153043) |
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Date: August 3rd, 2025 3:01 PM Author: Aqua shrine 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: Emerald piazza new version 9483773927 (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49153078) |
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Date: August 3rd, 2025 4:02 PM Author: marvelous pontificating sound barrier shitlib Shorting SIG is easy money (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49153261) |
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Date: August 3rd, 2025 8:30 PM Author: sepia filthy place of business legend SIG is likely to profit from selling lab grown diamonds. bad idea. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49153813) |
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Date: August 9th, 2025 3:32 PM Author: Just your average poaster 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=2#49170052) |
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Date: August 9th, 2025 3:46 PM Author: Take a look at the lawman beating up the wrong guy 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: sepia filthy place of business legend 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=2#49153814) |
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Date: August 9th, 2025 3:58 PM Author: the walter white of this generation (walt jr.) 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: pearly feces 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: Aqua shrine "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=2#49154111) |
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Date: August 9th, 2025 4:28 PM Author: ..;.;:.;.;..:..;,;,;. We are all very impressed you can afford $120 for leggings. (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49170219) |
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Date: August 3rd, 2025 11:07 PM Author: House-broken Stimulating Fanboi 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: lilac unholy station gunner 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=2#49154218) |
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Date: August 4th, 2025 12:17 AM Author: Aqua shrine Iranian missile hit the Israel Diamond Exchange (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49154224) |
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Date: August 9th, 2025 3:49 PM Author: https://imgur.com/a/o2g8xYK Israel didn't dare complain about it either (http://www.autoadmit.com/thread.php?thread_id=5757727&forum_id=2#49170102) |
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Date: August 9th, 2025 4:26 PM Author: Christopher Spinelli rapes children 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=2#49170213) |