A Spotlight on Botswana Diamonds: A Success Story For Natural Diamond Production
In 2023, Botswana stood as the leading global producer of diamonds in terms of value and the second largest in terms of volume. Renowned for their remarkable size, Botswana diamonds play a crucial role in enhancing the country’s infrastructure, contributing…
IGI Advanced Technology Identifies Lab-Grown Fancy-Colored Diamonds
The International Gemological Institute (IGI) has developed advanced technology to identify lab-grown, fancy-colored diamonds accurately. TL;DR: IGI’s commitment to consumer education is exemplified through developing the D-check for industry standards and certification services for loose diamonds, jewelry, and colored stones,…
De Beers Group Is Ready for New G7 Diamond Import Regulations
De Beers Group confirms its readiness for the new G7 diamond import requirements, aided by a collaboration with Sarine Technologies for diamond provenance. TL;DR: De Beers Preparations For The New G7 Regulations De Beers Group CEO prioritizes traceability systems, ensuring…
Lab-grown Diamonds Putting Natural Gems Under Pressure
The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Recent changes in the diamond industry are…
France Decrees Lab Diamonds Are Synthetic Diamonds
The French government’s decision to enforce the use of the term “synthetic” for lab-grown diamonds raises questions about consumer understanding and acceptance, sparking a captivating debate on the future of the diamond industry.
Anglo American Might Write Down the Value of De Beers in 2024
New chapter for De Beers as Anglo American announces a major write-down in 2024, signaling shifts in the diamond industry; read on to discover what's next.
Time to Tackle the Chinese Diamond Industry’s Pre-Pandemic Challenges
As members of the esteemed diamond industry, we stand united at a pivotal juncture. Our collective journey forward necessitates a proactive engagement with the sector’s pre-pandemic challenges. Beyond the recent upheavals, we must address the economic fluctuations that have long…
Why China’s Diamond Market Is in Trouble in 2024
Year 2024 unveils a crisis in China's diamond market, rocked by falling prices, dwindling demand, and a surprising shift towards lab-grown gems – discover why.
What Is Our Luxury Jewelry Market Forecast for 2024?
Keeping abreast with the luxury jewelry market; expect dynamic growth in 2024; driven by consumer purchasing power, innovation and online retail, despite potential obstacles.
Why You Need to Screen Every Diamond That Comes Into Your Business
While much discussion about lab-grown diamonds has centred on the question of whether they’re taking market share from naturals, less has been said about lab-growns possibly infiltrating the mined diamond supply chain. The diamond trade needs to adapt to the…