Japanese investor to buy troubled Israeli lab-grown diamond producer.
Lusix, the Israeli synthetic-diamond producer, will sell to a Japanese diamond-seed maker for NIS 9.5 million (around $2.5 million), despite receiving $152.2 million in investments since its ...
A fancy-pink diamond pendant is set to headline an upcoming jewelry auction at Sotheby’s in Paris, where it is expected to fetch up to EUR 550,000 ($612,797). The cushion-cut, 4.03-carat diamond piece ...
Signet Jewelers CEO Gina Drosos will retire on November 4 following 12 years at the company, with J.K. Symancyk to succeed her in the role. Drosos will step down as a member of the Signet board, the ...
Scott Berg, president of US retailer Lee Michaels Fine Jewelry, shared how changes in the diamond market — and drops in prices — have affected his company’s buying strategy. Declines in polished ...
Pandora has transitioned to manufacturing all new jewelry using only recycled silver and gold, marking an annual reduction of approximately 58,000 tons of carbon dioxide emissions. “Silver and gold ...
Revenue and profit fell in the first half at Gemfields as economic challenges weakened the market for its rubies and emeralds. Sales fell 17% to $128 million for the six months that ended June 30, the ...
India’s polishing revenues will plummet to their lowest in a decade this year, as prices have dropped and inventory has built up, a credit agency has warned. Diamond sales will drop up to 27% to $12 ...
Burgundy Diamond Mines has urged the government of Canada’s Northwest Territories to provide the industry with aid during the market slowdown, or it may need to reconsider ownership of the deposit.
A Paraiba tourmaline and diamond ring was the star of a recent jewelry sale at Bonhams, where it brought in $533,900, nearly nine times its upper estimate. The piece, which contained a cushion-shaped, ...
The value of India’s polished-diamond exports declined 24% year on year in August. However, a comparison with rough imports indicates the inventory situation may be improving. What trends can we pick ...
Nestled in the International Gemological Institute (IGI) stock-flotation document were a few important and perhaps surprising facts. One was that the grading lab’s “pre-acquisition group” — which ...
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