Christie’s Magnificent Jewels auction totals nearly $59M in New York
After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.
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Surat Exchange to launch in Spring 2023
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.
2022, a year of rising to challenges, at your side!
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.
Why is De Beers giving Sightholders a 1-year reprieve?
De Beers has extended its sightholder contracts by one year, a reflection of what it calls “uncertainty” in the market.
Alrosa CEO Sergey Ivanov reportedly leaving
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.
GIA to offer cheaper, sparser lab-grown diamond reports
Lab-grown diamonds may be getting cheaper, and so are the prices of some of their reports.
In shaky market, small diamonds are winning
Melee goods — and the rough that produces them — are outperforming larger sizes due to strong luxury demand and a supply squeeze.
Looking for a sign: the art of proving a jewel’s origins
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 production to slump as Diavik dries up
Rio Tinto has forecast a sharp drop in rough-diamond output for next year as the Diavik mine edges closer to depletion.
Webinar: Dealing with uncertainty
The diamond industry is navigating a drop in demand and a rise in supply that is weighing on polished prices at the start of the holiday season.
Pomellato’s new videos raise awareness of violence against women
Starring CEO Sabina Belli and other celebrities, the videos emphasize the importance of supporting women who have experienced abuse.
A lab-grown diamond shakeout may be coming
For the last few years, the lab-grown diamond sector has led a mostly charmed existence. Demand kept rising, particularly in the United States, as the business benefited from growing consumer acceptance and all the factors that boosted the industry during the COVID-19 pandemic.