Olya Linde News Today

Starting out, he ferried diamonds around his company, based in the world’s diamond polishing capital, Surat in western India.

India's long history with diamonds enters a new chapter as lab-grown versions of the gem take off.

Diamond Standard hopes their product, a diamond coin and bar, and its use of ETFs and blockchain will help stabilize and democratize the diamond market.

We delve into Bain & Co’s report with the Antwerp World Diamond Centre, looking at how the industry has recovered from the pandemic’s lows.

As rough diamond prices surge, the market could be in short supply for years to come

The current shortfall in rough production will likely continue for up to a decade, while both demand and prices will remain strong, according to Bain & Company.Output fell 20% to 111 million carats in 2020 as the coronavirus pandemic forced companies to shut deposits, Bain said Monday in...

The diamond industry has long had to deal with predictions of doom. In the early 2000s, prices started to fluctuate as De Beers Group gave up its monopoly. Then scandals over conflict diamonds tarnished the gem’s sparkle among young, ethically minded consumers. At the same time, lab-grown diamonds began making strides in fine jewellery. This pessimism deepened as the pandemic led to the closure of mines and the cancellation of auctions for preapproved buyers. In July 2020, De Beers revealed i...

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Advertisement The world’s biggest jeweler, Pandora, said that laboratory-made diamonds would last forever. It also said of eliminating the use and selling of mined diamonds from its platform. Mined diamonds have been used for centuries to make jewelry that brings grace to the ladies. It has proved to be a status symbol and a source of attraction. But no more, with the world’s largest jeweler adapting to alternatives to create diamonds in laboratories, mined diamonds seem to stand less of a ...

Laboratory-made diamonds are forever, says Pandora © Getty Images Pandora is launching its lab-made diamonds in the UK ahead of a global rollout The worlds biggest jeweller, Pandora, says it will no longer sell mined diamonds and will switch to exclusively laboratory-made diamonds. Popular Searches Concerns about the environment and working practices in the mining industry have led to growing demand for alternatives to mined diamonds. Pandoras chief executive, Alexander Lacik, told the BBC t...