Polished diamond news

  • Record IGI Performance as Lab Growns Surge
    on 19 March 2025 at 10:00 am

    IGI, the grading company that dominates the lab grown market, has reported a record performance with a 17 per cent hike in revenue for 2024, together with a 29 per cent growth in profit. It said its strong financial performance was largely down to its 65 ...

  • 10.3-ct Fancy Vivid Blue Could Sell for $20m
    on 19 March 2025 at 8:00 am

    One of the world's largest blue diamonds - a fancy vivid 10.3-carat VS2 cushion modified brilliant gem - is to be sold by Sotheby's Geneva with a $20m estimate. The Mediterranean Blue was cut from a Type IIb 31.94 carat rough recovered at...

  • Antwerp Trade Down a Third as Sanctions Bite
    on 17 March 2025 at 6:00 am

    The total value of all Antwerp's diamond imports and exports fell by over a third in the first two months of 2025, according to the Antwerp World Diamond Centre (AWDC) as the global slowdown and the impact of lab gowns were compounded...

  • Job Losses at Tiffany Subsidiary in Antwerp
    on 16 March 2025 at 12:00 am

    A subsidiary of Tiffany & Co plans to lay off 26 of its 42 staff in Antwerp amid the ongoing slump in demand. Laurelton Diamonds, a De Beers sightholder, was established in 2002 to procure rough diamonds, and to cut, polish and supply polished stones...

  • Lab Growns from Ashes of LA Wildfires
    on 13 March 2025 at 7:00 am

    A lab grown company in the US will present three victims of the devastating Los Angeles fires with a diamond created from the ashes of their home. Eterneva, based in Austin, Texas, specializes in turning the ashes of a beloved relative or pet into ...

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