Industry News
Jeweler's Ad Banned for Confusing Diamond Buyers
Thursday, October 21, 2021
A British jeweler breached advertising codes by failing to distinguish between lab grown diamonds and non-diamond simulants. Online retailer Ethica Diamonds, based in Cornwall, south-west...
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Tiffany's Ambassador Couple Snuggle up for Campaign Ad
Thursday, October 21, 2021
Tiffany & Co's new brand ambassadors, Beyonce and Jay-Z star in ad campaign for the jeweler, inspired by the classic 1961 movie Breakfast at Tiffany's. Date Night shows Beyonce, 40...
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India Imports $9bn of Rough in Half Year to September
Thursday, October 21, 2021
India' gross import of rough diamonds leapt to $9bn from April to September as it bounced back from Covid. That's a rise of 255 per cent on $2.6bn for the same period during Covid-hit...
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Latest Jewelry Fad: Angelina takes it on the Chin
Thursday, October 21, 2021
Angelina Jolie wore a 14-carat gold chin cuff to a movie premiere, sparking a social media frenzy. The Hollywood A-lister left onlookers bemused with the $50 piece that loops over the ...
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De Beers Sells $490m of Rough ahead of Diwali
Wednesday, October 20, 2021
De Beers today reported a fourth consecutive month of strong rough sales with proceeds from Sight 8 at $490m (provisional). Demand was driven, in part, by factories stocking up in India ...
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Lightbox is Selling its Lab Growns Loose
Wednesday, October 20, 2021
The De Beers subsidiary Lightbox has started selling its lab grown diamonds loose, to meet the demand for custom-made pieces. Until now they have been available only in ready-made...
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HRD Antwerp Ends "Unhappy Marriage" with Turkish Lab
Wednesday, October 20, 2021
HRD Antwerp has terminated its collaboration with a diamond grading lab in Turkey, in what it describes as "the end of unhappy marriage". The lab, branded as HRD Istanbul, was ..
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Angola to hold First International Diamond Conference
Tuesday, October 19, 2021
Angola is to host its first International Diamond Conference next month, in a bid to attract foreign interest and investment. The country is ranked sixth in the world for diamond production...
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Lucky Friday: Two Huge Diamonds Recovered at Letseng
Tuesday, October 19, 2021
Gem Diamonds recovered two huge diamonds - 245-carat and 102-carat - on the same day from its Letseng mine, in Lesotho. The London-based miner said both stones were high-quality Type II...
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Alrosa Warns of Continuing Global Rough Shortages
Monday, October 18, 2021
Alrosa reports a drop of 20 per cent in rough diamond sales (quarter-on-quarter) - and a rise of 22 per cent in its gem quality price index (year-on-year). The Russian state-owned miner says ...
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