Industry News

October 16, 2019

Lightbox, the lab-grown diamond fashion jewelry brand owned by De Beers, will soon be available at select Bloomingdale's department stores and Reeds Jewelers locations. It's a big departure for the brand, which has only been available online or at promotional pop-up st...

October 13, 2019

The Federation of Belgian Diamond Bourses has introduced a ban on lab-grown sales in Antwerp’s four trading halls.

While synthetics trading is still rare in Antwerp, the umbrella group took action last month because it views the exchanges as promoters of natural diamo...

September 25, 2019

The World Federation of Diamond Bourses (WFDB) Presidents Meeting kicks off in Dubai today. Besides the regular business of the WFDB and the International Diamond Manufacturers Association (IDMA), there are special sessions on lab-grown diamonds and blockchain technolo...

September 4, 2019

The Presidents Meeting of the World Federation of Diamond Bourses (WFDB) and International Diamond Manufacturers Association (IDMA), scheduled for September 24-25 in Dubai, will take “an in-depth look at the issue of synthetic diamonds, according to Rough & Polished.

Th...

September 4, 2019

Export of polished lab-grown diamonds has seen an increase by 94 per cent between April and July 2019, pointing to the shift by diamantaires in the world’s largest diamond cutting and polishing centre in Surat to manufacturing of lab-grown diamonds.

According to data pu...

September 1, 2019

An independent diamond industry analyst and consultant said the natural diamond industry will be in a better position within a year time if end-consumer demand holds. Paul Zimnisky, CFA told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although sup...

July 28, 2019

Gemological Science International (GSI) is opening its second testing center in New York dedicated to identifying undisclosed lab-grown diamonds.

The 4,200-square-foot facility on Fifth Avenue will be used to spot synthetics in loose-stone parcels and jewelry, GSI sai...

July 10, 2019

After an amendment was presented as part of the Finance Bill before Parliament on July 5, 2019, India has introduced 8-digit HS Codes for both rough and polished synthetic diamonds, as per a report in gjepc.org.


The new amendment bifurcates the earlier six-digit code i...

July 3, 2019

ALROSA decided to assign identification numbers to its diamonds to combat the illegal sale of synthetic diamonds, the damage from which amounts to $ 450-480 million annually, RBC reports. 


The agency quoted the Director of the United Selling Organization ALROSA, Evgeny...

June 30, 2019

The World Federation of Diamond Bourses (WFDB) has hired Peter Meeus as an external adviser. He will be responsible for helping the organization fine-tune its position on lab-grown diamonds and other industry matters. 

Synthetic diamonds are a huge concern in the indu...

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