"There's nobody in living memory that has ever seen or held a stone of this size." William Lamb, CEO of Lucara, is beyond excited as he tells me about the 2,492-carat diamond recovered last week from the company's Karowe mine, in Botswana.... Read More...

The lab grown bubble has burst, prices have hit rock bottom and natural diamonds are making a comeback. That's one way of looking at things. Lab growns will, within a decade, represent "the vast majority" of all diamonds sold. That's another. Take your pick... Read More...

Nobody in the diamond industry, it seems, has been untouched by the rise and rise of lab growns. Even high end jewelers, with inventory way beyond the price range of typical lab grown buyers, are feeling the effects. One example is fine jewelry brand... Read More...

When shopping for diamonds, people want to know how the stone will look on their finger or in a necklace. They're less concerned with technical grades and more interested in the diamond's appearance in real-life settings. The diamond industry has relied on the... Read More...

Customs officers at the Port of Louisville, in Kentucky, USA, seized three shipments of counterfeit jewelry in a 24-hour period last month. The goods had been fraudulently branded with Louis Vuitton, Hermes, Gucci, Dior, Prada, Bvlgari, Van Cleef and Arpels... Read More...

It's been a good week for India's diamond industry, relatively speaking. The global downturn hasn't suddenly come to an end. But the government announced a package of measures in Tuesday's Union Budget that will ease some of the pain for Surat, Mumbai and... Read More...

De Beers is preparing to take dramatic steps to prop up rough sales at next week's Sight 6 in Gaborone. It sold just $315m at its last Sight and industry experts predict the figure this time could drop below $200m. In a move designed... Read More...

Remember Leonardo DiCaprio in Blood Diamond? Today conflict diamonds are (almost) a thing of the past. The Kimberley Process (KP), established in 2003, says its 59 members (representing 85 countries) are "responsible for stemming 99.8 per cent of the ... Read More...

Why buy jewelry when you can rent it? That was the thinking behind Rocksbox when it launched its jewelry subscription service back in 2012. This is how it worked: You pay $21 a month, select three pieces of fashion jewelry, swop them (with free shipping) for different... Read More...

Finetuning is a great word. It's how the European Union describes the revisions announced earlier this week to its sanctions on Russian diamonds. Finetuning suggests everything was already close to perfection, but just needed a final tweak, a dotting of the I's and... Read More...