Lab Grown Firm Fighting Off Insolvency
Lusix, the lab grown company behind Sun Grown Diamonds, is seeking court protection from creditors amid plunging prices.
It was founded in 2016 by Israeli billionaire Benny Landa, the "father of commercial digital printing" who...
Shutdowns and Short Weeks for Surat Factories
As many as a third of the diamond units in Surat, India, are reported to have closed temporarily or to be working short weeks as the slump in global demand persists.
The news follows the...
Huge Budget Boost for India’s Diamond Industry
India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies and reduce tax on key raw materials.
Finance Minister Nirmala Sitharaman...
Lab Grown Diamond is Tribute to Modi
A lab grown company in Surat, India, has created an 8-carat diamond, engraved with the face of prime minister Narendra Modi.
It's a tribute to the country's leader, who was re-elected last month. He has...
Eighth +100-cts Diamond at Letseng
Gem Diamonds has recovered its eighth +100-cts diamond so far this year from its Letseng mine, in Lesotho.
It's a reversal of fortunes for the UK-based company, that recovered just five +100-cts during the whole...
Celebrate Friend’s Day with radiant gifts: 7 timeless lab-grown diamond treasures for unforgettable moments
Diamonds have long been cherished as symbols of love, friendship, and enduring beauty. However, with growing awareness of the environmental and ethical implications of traditional diamond mining, lab-grown diamonds have emerged as an appealing...
De Beers: Industry Needs Extra Year to Adapt to G7 Sanctions
De Beers say the diamond industry needs longer to adapt to G7 sanctions on Russia and is calling for a year-long extension on the "sunrise period".
It pledges full support for the restrictions which will,...
Priyanka Chopra Dazzles in Bulgari’s $43m Diamond Choker
Indian actress Priyanka Chopra dazzled in a 200-carat diamond choker, valued at $43m, to an event marking Bulgari's 140th anniversary.
Chopra, 42, was crowned Miss World in 2000 and has since become one of India's...
Joey King Promotes Natural Diamonds
Joey King, the 24-year-old US actress, is the cover star of the news spring/summer edition of Only Natural Diamonds, the magazine of the Natural Diamond Council (NDC).
She follows in the footsteps of Taylor Zakhar...
KP Faces New Demands over Russian Diamonds
Kimberley Process (KP) is facing renewed calls to act over ongoing wars in Ukraine and Central African Republic (CAR) at its five-day intersessional meeting that opens today (13 May) in Dubai.
KP Civil Society Coalition...
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