Sarine Technologies’ revenue and earnings fell in the first half of 2022 as market pressures around the world dented demand for the company’s manufacturing equipment.
Canadian diamond manufacturer HRA Group has made its first splash in the lab-grown market, securing an exclusive partnership with Texas-based producer Plasmability.
The American Gem Trade Association (AGTA) has named Texas-based jeweler John Ford as its new CEO, the industry group announced this week. He succeeds Douglas Hucker, who stood down in March after 24 years.
Fancy-color diamond prices increased in the second quarter of 2022 as demand strengthened and supply became tight, according to the Fancy Color Research Foundation (FCRF).
Lucapa Diamond Company’s revenue fell 36% year on year to $21.8 million in the second quarter, reflecting an unfavorable comparison with last year’s sales surge.