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Recent years have seen the advent of lab-grown diamonds, previously confined to industrial use, on the jewelry market. The arrival of this new product category, wrongly equated with natural diamonds, has brought with it its share of preconceived ideas, myths and unfounded claims. The NDC (Natural Diamond Council) has decided to shed light on these […]
The moderately discreet launch of engagement rings on Lightbox’s website surprised many in the industry. De Beers’ lab-grown brand had focused on fashion jewelry since its 2018 inception. The miner’s line had always been that synthetics were for fun, affordable pieces and not for milestone events.
2022 sustainability report highlights milestones in climate ambition and ethical leadership of the diamond industry
Rapaport looks at how retailers can sway young consumers toward natural stones as lab-grown gains traction.
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.
