The R&M “Lettre”

On Dec. 7, De Beers had two more strikeouts with its Exceptional Blue collection—the latest sign of a cooling, and perhaps oversaturated, colored diamond auction market.

PhotoScribe Technologies has been awarded a patent for new technology that will let jewelers—as well as consumers—sniff out diamonds with counterfeit inscriptions.

We all know that US consumers spent much more on jewelry in 2021. But who exactly drove jewelry sales and by how much? The surprising findings show major shifts in jewelry expenditure in the post-COVID lockdown period.

After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.

Construction of the Surat Diamond Bourse (SDB) is complete, paving the way for the Indian industry’s newest exchange to open in the spring of next year, according to the organization behind the development.

Dear readers, This final Lettre of 2022 is about taking stock. 2022 was not the year we were expecting, and it took us all by surprise.

De Beers has extended its sightholder contracts by one year, a reflection of what it calls “uncertainty” in the market.

Sergey Ivanov, CEO of Alrosa and a target of US sanctions, is stepping down from his position at the Russian miner, according to a local news outlet.

Lab-grown diamonds may be getting cheaper, and so are the prices of some of their reports.

Melee goods — and the rough that produces them — are outperforming larger sizes due to strong luxury demand and a supply squeeze.

Maker’s marks, photos, and family testimonies are just some of the clues appraisers use to trace older pieces’ provenance and confirm authenticity.

Rio Tinto has forecast a sharp drop in rough-diamond output for next year as the Diavik mine edges closer to depletion.