De Beers Lifts Prices of Its Smallest Rough Diamonds
De Beers has increased prices of small rough diamonds for the second consecutive sight as a combination of demand and supply factors continue to create a hot market for the category.
Diamonds
G-7 and EU looking at ways to track and trace Russian diamonds
Group of Seven nations and the European Union are discussing ways to track Russian diamonds across borders, a move that could pave the way for restrictions on their trade in future, according to people familiar with the matter. Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium … Read more
Industry-Insider Rapaport Lashes Out Against Lab-Grown Diamonds To No Avail
Martin Rapaport recently released an incendiary memo to the diamond and jewelry industry calling on them to stop doing business in lab-grown diamonds (LGD)
Glistening watch breaks record with 17,524 diamonds
watch breaks record with 17,524 diamonds
Tiffany Buys Some of a Legendary Diamond Mine’s Last Finds
The new Tiffany Collection comprises 35 gems, including an unusual red stone, from the Argyle Diamond Mine in Australia.
Alrosa Finds 2 Huge Diamonds at Udachnaya on the Same Day
Alrosa Finds 2 Huge Diamonds at Udachnaya on the Same Day
De Beers Slashes Prices of Larger Rough Diamonds
De Beers has made sharp price changes at this week’s sight, implementing deep reductions in larger goods and increases for smaller stones.
Sarine to Buy Majority Stake in Grading Lab GCAL
Sarine Technologies has agreed to acquire a majority share in New York-based Gem Certification and Assurance Lab (GCAL) amid a push to expand in the American market.
20,000 jobs lost in Surat as diamond demand fades
Plummeting demand for cut and polished diamonds in the West and China has pushed some 20,000 workers out of work in the last one month in Surat, where 80% of the diamonds sold globally are polished. Surat, the main centre of India’s diamond industry, offers employment to some 800,000 workers in its 4,000-odd cutting and … Read more
GIA Launches The Digital Diamond Dossier
The start of 2023 marks a significant milestone in the digital transformation of the global diamond industry – the launch of the fully digital GIA Diamond Dossier, the most widely available diamond grading report in the world. The GIA Diamond Dossier is available for D-to-Z diamonds from 0.15 to 1.99 carats without colour treatments. Printed … Read more