Midsize Stones Sluggish at Petra Diamond Tender
Midsize Stones Sluggish at Petra Diamond Tender
Petra Diamonds
China’s Gold Economy: Consumer desire for gold increases, desire for diamonds decreases
In the first half of this year, China consumed nearly 555 tons of gold, up more than 16 percent year-on-year. The trend has been described as a domestic gold craze. But diamonds seem to have lost their attraction, as the market size in China declined to 11.4 billion U.S. dollars in 2022, 2.5 billion dollars … Read more
555 carat Diamond Bought with Illicit Funds, SEC Says
555 carat Diamond Bought with Illicit Funds, SEC Says
Petra’s Sales Slide Amid Large-Stone Scarcity
Petra Diamonds’ sales dropped 44% for the full fiscal year
De Beers Sales Slide as Slow Trading Continues
De Beers’ sales value fell this month as global rough demand weakened and the miner reduced prices of its larger stones.
The Industry’s Diamond-Origin Conundrum
The Group of Seven (G7) meeting that took place in Japan in mid-May proved to be an anticlimax for the diamond trade.
55 Carat Ruby, 10 Carat Pink Diamond Each Fetch A Record $34.8 Million At Sotheby’s
The 10.57-carat “Eternal Pink” diamond and the “Estrela de Fura,” a 55.22-carat Mozambique ruby
Breakthrough Tech ‘Pinpoints Origin of Every Diamond’
A Swiss company claims it has developed technology that chemically profiles any diamond so it can identify the country – and even the specific mine – of origin.
Are Laboratory-Grown Diamonds Really Sustainable and Eco-Friendly?
Diamonds have long been revered for their beauty, rarity, and association with luxury. However, traditional diamond mining comes with ethical concerns and environmental impacts.
Mined diamond compared to laboratory grown diamond
Mined Diamond and laboratory grown diamond