Diamonds & Gemstones articles

INTERVIEW: Diamond Producers Association chief exec on the need for a diamond terminology guideline

INTERVIEW: Diamond Producers Association chief exec on the need for a diamond terminology guideline

Nine leading diamond industry organisations have joined forces to produce a diamond terminology guideline to help encourage full, fair and effective use of a clear and accessible definition for diamonds, synthetics diamonds and imitations of diamonds by all sector bodies, organisations and traders. Together with leading diamond industry organisations (AWDC, CIBJO, DPA, GJEPC, IDI, IDMA,

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INTERVIEW: De Beers sheds light on its move into machine-made diamond jewellery

While De Beers has been busy showcasing its Lightbox Jewellery brand to the trade at the JCK show in Las Vegas, Professional Jeweller managed to catch up with the company’s executive vice-president of corporate affairs, David Prager, and Sally Morrison, who is heading up the lab-grown fashion jewellery brand, to find out a bit more

GET TO KNOW: The lab-grown diamond brand De Beers is launching to market

A quick look on Professional Jeweller’s Twitter feed at any point in the day yesterday revealed members of the jewellery industry were only talking about one thing – the De Beers Group’s move into machine-made diamonds. Headlines in the media included: “De Beers admits defeat over man-made diamonds”; “De Beers has scorned lab-made diamonds for

OPINION: What does De Beers expanding into lab-grown diamond jewellery mean for the industry?

Cred Jewellery director, Alan Frampton, shares his thoughts on the announcement that the De Beers Group has now launched into lab-grown diamonds jewellery. Words by Alan Frampton After years investing in lab-grown diamond production De Beers have entered the market. They knew this was coming. In 2012 when the Oppenheimer family sold their interest in

De Beers Group adds lab-grown diamond brand to portfolio

The De Beers Group has announced the launch of a new company called Lightbox Jewelry, which will begin marketing a new brand of laboratory-grown diamond fashion jewellery in September. The Group’s new brand, ‘Lightbox’, will offer consumers high-quality, fashion jewellery designed at what it believes to be lower price points than what is currently available

Diamond trading platform to ‘level the playing field’ for independents struggling against online giants

Diamond trading platform, Diamnet, has been created to try and ‘level the playing field’ for independents loosing engagement ring sales to online jewellery giants. Diamnet launched last year with over 100,000 diamonds from the UK’s leading suppliers, alongside international options too, and today it is now live and ready for retailers to sign up. Created

De Beers welcomes Signet as first jeweller to join blockchain pilot programme

The world’s largest retailer of diamond jewellery, Signet, has been announced as the first jeweller to join the pilot programme for the De Beers Group-led blockchain, Tracr. Signet, the owner of UK jewellery retailers H Samuel and Ernest Jones, joins a growing list of industry leaders trialling the platform during its pilot phase and enabling

Global consumer demand for diamond jewellery reaches record high

Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to $82 billion (£61bn). According to industry insight data published by the De Beers Group, this is a 2% increase on the previous year. For the fourth consecutive year the US was the main driver of growth, where positive macroeconomics and

London Diamond Bourse welcomes millennial to its board in restructure

The London Diamond Bourse has unveiled extensive changes to the composition of its council of management, including the addition of a millennial board member. By restructuring its leadership team, the average age of the Bourse’s board has lowered dramatically, and now represents its membership statistics. The board has now welcomed ethical gemstone supplier, Katherine Chappell;

De Beers successfully tracks first diamonds from mine to retail

De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time the group’s diamonds have been digitally tracked from mine to retail. An immutable and secure digital trail was created for a selection of rough diamonds mined

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