"We Underestimated Lab Grown Threat," says Anglo CEO
August 05, 26
De Beers underestimated the threat from lab growns, ‌Duncan Wanblad, CEO of parent company Anglo American, admitted in an interview with the Financial Times (FT). "Hindsight would probably show that we might have wanted to have been a... Read More...
Another Quarter of Stability for Fancy Color Prices
August 05, 26Prices of fancy color diamonds remained virtually unchanged again during the three months to 30 June (Q2 2026), according to the FCRF (Fancy Color Research Foundation). The overall Fancy Color Diamond Index was down 0.1% during the quarter... Read More...
Santana Jewelry- with Splinters from Woodstock Stage
August 05, 26Music legend Carlos Santana, 78, has launched Santana Now, a fine jewelry brand featuring silver, diamonds, sapphires, black spinel . . . and fragments of the Woodstock stage that catapulted his band to global fame. The Santana Now brand is positioned... Read More...
Jewelry World Needs Policies on Generative AI
August 04, 26Jewelry firms should adopt policies to protect themselves and the wider industry from the pitfalls of generative AI (GenAI), says CIBJO, the World Jewellery Federation. GenAI poses a risk because it can be intentionally used to create items closely .... Read More...
Strong Demand Pushes up Revenue at Gem Diamonds
August 03, 26Gem Diamonds says first-half revenue from its Letseng mine, in Lesotho, was up 33%, with what it described as "encouragingly strong demand" and a 38% hike in average prices. Total sales for the six months to 30 June were $59.5 million, compared to .... Read More...
Memo by John Jeffay
July 31Remember Blockbuster, the video rental chain that once boasted more than 9,000 outlets globally? Or Kodak, the company that sold a billion rolls of film a year? Or Borders, Nokia, or BlackBerry? How are the mighty fallen. They innovated and they dominated... Read More...