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- The Future is Mined: Lightbox to Closeon 8 May 2025 at 3:14 pm
De Beers is to close Lightbox, its lab grown venture, seven years after its launch rocked the diamond world. The move, announced today (8 May) signals the company's return to its roots - mined diamonds. It also marks De Beers' recognition that lab growns...
- Auction House Pulls Fake Pink Diamond from Saleon 7 May 2025 at 1:00 pm
A leading auction house was shocked to discover a pink diamond it planned to sell was actually a fake. The gem was sent to the Institute of Diamonds - the De Beers diamond grading and verification division - ahead of the sale. It was examined there...
- Landmark Trade Deal will Double India Gem Exports to UKon 7 May 2025 at 6:00 am
A landmark trade deal between India and the UK will abolish tariffs on 99 per cent of imports from India, and provide a significant boost to India's gem and jewelry trade. Exports of gems and jewelry are expected to more than double in the next two years...
- WDC Call to Exempt Diamonds from US Tariffson 6 May 2025 at 8:00 am
The World Diamond Council (WDC) is urging the US government to exempt natural diamonds from its tariff proposal. It says such a move would help safeguard the $117bn US jewelry industry and protect the jobs of over 200,000 Americans....
- US Watch and Jewelry Sales Steady Again in Marchon 6 May 2025 at 6:00 am
Watch and jewelry sales in the US remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while watch sales dipped, as consumers opted for...