Synthetics Maker Lusix to Sell for $2.5M – Report October 1, 2024 Japanese investor to buy troubled Israeli lab-grown diamond producer. Synthetics
4ct. Pink Diamond Takes Spotlight at Sotheby’s October 1, 2024 Sale will also feature more than 80 jewels from the collection of Shirley Bassey. Auction
Gemfields Revenue and Profit Slip Amid Dampened Sentiment September 30, 2024 Company’s bottom line also under pressure from investment in processing plants at emerald and ruby mines. Colored Gemstones
Pandora Completes Shift to 100% Recycled Silver and Gold September 30, 2024 Move reduces company’s annual carbon dioxide emissions by approximately 58,000 tons. Sustainability
Ekati Owner Asks Canada Govt. for Help in Challenging Market September 29, 2024 Without aid, Burgundy Diamond Mines will be forced to reconsider deposit, it says. Mining
India’s Manufacturing Sector Faces Decade-Low Revenues September 29, 2024 Decline is the result of muted demand in key markets, a slump in diamond prices amid oversupply, and a shift toward synthetics. Manufacturing
Petra Forecasts Market Stabilization Amid Supply ‘Discipline’ September 26, 2024 Miner’s sales up 13% year on year in 12 months ending June 30. Mining
Luxury Market Bottoms Out, and This Week’s Other News September 26, 2024 Members of the editorial team pick their favorite pieces from the internet. Industry
Martin Rapaport Goes In-Depth on Diamond Prices September 25, 2024 New video analyzes sharp decline in natural-diamond prices, and forecasts the future of the trade. Industry
Jewelers of America to Honor John Green with Lifetime Achievement September 25, 2024 CEO of Lux Bond & Green will receive accolade for his devotion to the industry and his family-owned stores. Industry