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Latest News & Stories

Lusix to be Sold for Just $2.5m

Lusix, the lab grown company founded by Israeli billionaire Benny Landa, is to be sold to a Japanese investor for just $2.5m. Lusix developed cutting edge technology and attracted more than $152m of investment over eight years... Read More..

 
The $20,000 Apple Watch Case, with 1,068 Diamonds

A Swedish company has unveiled a limited edition diamond case for Apple Watches, costing $20,000. The silver Racing Sport Diamond case features a total of 1,068 VVS diamonds (5.6tcw), transforming the watch into what it describes... Read More..

IDEX Price Report for 1 October: Decline Goes on for Rounds and Fancies

There were small pockets of price increases for polished goods in September, but the overall direction of travel remains downwards for both rounds and fancies. There were few signs of the long hoped-for recovery. Consumer demand remains weak and the... Read More..

 
Ekati Owners in Plea for Government Help

The owners of Ekati, Canada's first diamond mine, say it could close or be sold, unless the government steps in to help. Australia-based Burgundy says diamond prices have dropped 20 per cent since it bought the deposit in July 2023 and it has... Read More..

Diamonds Aren't Forever: Sotheby's to Sell Bassey Collection

Sotheby's Paris is to sell over 80 items of jewelry belonging to Dame Shirley Bassey, the British singer who has sold 140m records and who was the voice of three James Bond theme songs. They'll be offered for sale as part of the Fine Jewels... Read More..

 
World First: Ruby Grown in a Ring

A British university lecturer has developed a world-first chemical process to grow a full-sized ruby in its jewelry setting. It could herald a new era in the low-energy production of lab-made gemstones. Sofie Boons, a researcher in jewelry design... Read More..