We Need to Talk about Lab-Grown Diamonds
July 27, 23 by Peter MeeusUndoubtedly, the first DMCC LG symposium was a tremendous success. It was a trendsetting event and like with so many previous initiatives, that is to be applauded. The question however is: is it for better or for worse? There is a French saying: "what women want... Read More...
Win-Win For the Diamond Industry
July 20, 23 by John JeffayThe new deal between De Beers and Botswana is a win - and a compromise - for both sides. And a win for the industry in general. So says Paul Rowley, executive vice-president, diamond trading, at the British-based miner, after prolonged negotiations... Read More...
Weird and Wonderful Lab Grown Opportunities
July 13, 23 by John JeffayLab grown prices may be plunging. But manufacturing diamonds, rather than mining them, does open the door to a weird, wonderful - and in some cases very profitable - world of opportunities. Read More...
Know Your Diamond's Carbon Footprint
July 05, 23 by John JeffayEverything we buy has a carbon footprint. It's a measure of all the greenhouse gases emitted during every stage of its production, expressed as a carbon dioxide equivalent (CO2e). A bar of chocolate typically has a CO2e of 100g. A pair of Levi 501 jeans is Read More...
India's Lab Grown Gift to the US
June 28, 23 by John JeffayThe world's biggest diamond manufacturing country presented the world's biggest diamond buying nation with a gift last week. A lab grown diamond. First Lady Jill Biden, wife of the US President Joe Biden, was, by all accounts, delighted to receive the... Read More...
Race for the 100-carat Lab Grown
June 22, 23 by John JeffayLab growns are getting bigger. Much bigger. Last February the record for a polished lab grown diamond was held by a 16.41-carat princess-cut gem from China. Today the biggest polished lab grown is more than three times the size, a 50.25-carat ... Read More...
Ready for a Single Traceability Solution?
June 15, 23 by John JeffayIs the diamond world ready for a single traceability solution operating across the entire pipeline, from source to store? Wes Tucker, CEO at Tracr, thinks so, especially following the announcement at JCK a couple of weeks ago that it was now actively recruiting partners... Read More...
Jostling for Jewelry's Top Spots
June 08, 23 by John JeffaySignet remains the biggest jewelry retailer in the US, by a mile, in National Jeweler's latest list of $100m Supersellers. And Walmart is still in second place. But elsewhere there's been a fair bit of jostling for positions. In fact, for the first time in recent years there's ... Read More...
Clock Ticking for De Beers and Botswana
June 01, 23 by John JeffayTwenty per cent of the world's diamonds are up for grabs. The clock is ticking on the De Beers rough sales agreement with the government of Botswana. And both sides are under increasing pressure, with less than a month before it's due to be renewed... Read More...
Still No Sign of G7 Diamond Sanctions
May 24, 23 by John JeffayIt's now 15 months since Russia invaded Ukraine. The US leapt in with immediate sanctions on its diamonds, but with a loophole so big you could drive a bus through it. China has strengthened its ties with Russia, the UAE has remained decidedly neutral, as has India, Read More...
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