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- Surat SEZ Diamond Exports Halved, Hit by Lab Grownson 21 May 2024 at 2:00 pm
Diamond and jewelry exports from the Surat Special Economic Zone (SurSEZ) fell by almost a half in 2023-24, as consumers increasingly switched from natural to lab growns. Foreign sales from SurSEZ's...
- "Cautious Optimism" Despite Petra Price Slipon 21 May 2024 at 7:00 am
Petra saw prices slip slightly at its latest tender but said it was "cautiously optimistic" of a recovery later this year. The UK-based miner reported revenue of $44m at Tender 6, down 11 per cent on $49m at Tender 5 in ...
- Lab Grown Company to Challenge Ad Rulingon 20 May 2024 at 6:00 am
The founder of British lab grown company Skydiamond says he plans to appeal, after advertising watchdogs insisted he must use terms such as such as "synthetic", "laboratory-grown" or "laboratory-created" to describe his...
- US Cools on Traceability for Russian Goodson 19 May 2024 at 5:00 am
The United States is reportedly softening its position on Russian sanctions, amid suggestions that it may not implement a traceability program like the EU. Miners, manufacturers and retailers have all rallied against...
- Anglo Considering a De Beers IPOon 15 May 2024 at 11:00 am
Anglo American is considering an initial public offering (IPO) to dispose of De Beers, its loss-making diamond division, according to a Reuters' report. Duncan Wanblad, CEO of the UK-based miner, announced plans ...