The R&M “Lettre”

Gemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.

The mood is bullish as more companies get into the business despite the dramatic drop in lab-grown diamond prices.

De Beers has reduced prices of larger rough diamonds at this week’s sight and has offered increased flexibility as the slow market continues to affect manufacturers.

The Natural Diamond Council (NDC) will introduce an educational program for retailers after finding that imparting knowledge to consumers is key to increasing sales of mined stones.

Strong lab-grown sales in the bridal category should not overly worry the natural-diamond industry, De Beers cochair Bruce Cleaver argued at a conference in Israel this week.

Most consumers have heard of lab-grown diamonds. They know they exist. But many still aren’t quite sure what they are.

For just over a decade, the diamond midstream — consisting of manufacturers and dealers — has served as a repository for the trade’s inventory and absorbed much of its credit risk. Manufacturers pay up front for rough, process the stone, and then typically sell the polished on credit, offering terms of 30 to 60 days. […]

Russia has begun its chairmanship of the Kimberley Process (KP) after the organization deferred the role by a year due to disruption stemming from the Covid-19 pandemic.

Press release – GemFair signs MOU for joint delivery of capacity building programme to advance ASM standards in West Africa. Partnering with GIZ and Mano River Union to deliver training on mining standards in Sierra Leone, Liberia, Guinea and Ivory Coast.

The official closing of LVMH’s acquisition of Tiffany & Co. may be delayed, following a request from Australian regulators seeking more time to review the deal.

I’ve looked at tons of company pages about the eco-impact of lab-grown diamonds, and I’ve noticed one thing: Very few talk about the eco-impact of lab-grown diamonds.

It was the first time since 2009 that the average cost of a wedding has slipped below $25,000 in The Wedding Report’s year-end survey and was on par with what consumers spent in 2008, when the average was $24,100.