Lucapa mine yields 128ct. diamond
Lucapa Diamond Company has recovered a 128-carat white diamond from its Lulo alluvial mine in Angola, the company said Tuesday.
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Engagement ring spending flatlined in 2018, survey shows
It was the first time since 2009 that the average cost of a wedding has slipped below $25,000 in The Wedding Report’s year-end survey and was on par with what consumers spent in 2008, when the average was $24,100.
Chinese consumers spending more on domestic local luxury brands
Recent research has indicated that the slowing Chinese economy has not stopped consumers from buying luxury items.
Asian demand drives Kering jewelry sales
Kering recorded robust sales in its jewelry-and-watch division in 2018, amid growing demand for its products in Asia.
The lab-grown diamond industry is still out-hustling the natural
For the last six months, I have written a lot on lab-grown diamonds. Sometimes, I feel I’m writing too much. I have asked myself, “Why haven’t I been covering other issues or companies?” But now I realize that might not be the right question.
ALROSA January sales of rough and polished diamonds reached $281.5 million
Press release – ALROSA, the world’s largest diamond miner, announces diamond sales results for January 2019.
LGD prices – not what you might expect
In early 2015, the retail market became very aware of lab-grown diamonds (LGDs). It’s not that no one had ever heard of them before, but this suddenly became a major topic.
GIA says two Lightbox diamonds are G VS1s
De Beers does not providegrading reports for its Lightbox lab-grown diamonds, leading to much speculation about their quality.
‘Lab-Grown’ diamond turns out to be natural
A client of the Gemological Institute of America (GIA) wrongly submitted a natural diamond as a lab-grown stone, the organization said.
Retail growth may slow this year, according to NRF forecast
On the 5th of February, the National Retail Federation (NRF) released a 2019 forecast that predicted retail sales will increase between 3.8 percent and 4.4 percent, to more than $3.8 trillion.
Mountain Province includes 60-Ct fancy vivid yellow stone in February Ssale
Mountain Province Diamonds Inc. will include an exceptional quality, 60.59-carat, fancy vivid yellow rough diamond in it its upcoming rough diamond sale.
Fancy Color Research Foundation: prices stable in Q4
The Fancy Color Research Foundation (FCRF) reported that in Q4 2018 fancy color diamond prices showed stability across all sizes and saturation.