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Another Big Year for De Beers

De Beers Group was in the news this week. 85% shareholder Anglo American published its fourth quarter and full year production report this week, which gave us a gentle reminder as to the declines experienced in the diamond market in 2023. Here are the key De Beers numbers: – Sales volume -19% to 27.4 million […]

The secret of encrypted messages in diamonds

Neither Louis Braille – who invented tactile writing for the blind in 1821 – nor Samuel Morse – who developed Morse code in the 1930s – could have imagined that their avant-garde idea would one day be used to write messages in diamonds. However, that’s the brilliant idea of a group of designers spotted by […]

2023: New record year for LVMH

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022.

GCAL, Now Part of Sarine, Opens Lab in India

The facility is located in Sarine’s office building in Surat. The Gem Certification & Assurance Laboratory, which was acquired by Sarine last year, has opened a laboratory in the diamond manufacturing hub of Surat, India. Don and Pamela Palmieri founded New York-based GCAL in 2001.