GIA Implements Workforce Reduction Strategy Amid Industry Slowdown

The Gemological Institute of America recently implemented a workforce reduction strategy at its headquarters in Carlsbad, California. As a response to the ongoing slowdown in the industry, the lab has let go of approximately 151 employees, primarily from the laboratory department as well as some corporate positions. Stephen Morisseau, the GIA’s director of communications, stated […]

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5 Reasons to Choose Natural Diamonds over Lab Grown Diamonds

5 Reasons to Choose Natural Diamonds over Lab Grown Diamonds, If you’re considering purchasing a diamond, you may find yourself weighing the options between natural diamonds and lab grown diamonds. While both types have their own merits, there are several compelling reasons why natural diamonds are worth considering. Here are some motivational factors to help

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8 Steps to investing during a diamond market decline

The diamond market has been declining since the second half of 2022. Prices have fallen 18% from their peak in February 2022. According to one Global Rough Diamond Price Index, prices are down 6.5% year-to-date. The growth of the lab-grown diamond industry has led to a decrease in demand for natural diamond jewelry. The wholesale prices of synthetic

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Selling Rough Diamonds in South Africa: A 7 Step Comprehensive Guide

Selling Rough Diamonds, If you are looking to sell rough diamonds in South Africa, it is important to understand the process and regulations surrounding the diamond trade. Selling rough diamonds locally requires compliance with certain guidelines set by the government and industry authorities. Here is a step-by-step guide to help you navigate through the process:

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15 % Off Blue Nile Anniversary Sale

15 % Off Blue Nile Anniversary Sale Introducing Blue Nile: Your Destination for Brilliant Savings Blue Nile is a renowned online jewelry retailer that offers an extensive collection of high-quality diamonds, engagement rings, fine jewelry, and more. With their commitment to exceptional craftsmanship, exceptional customer service, and competitive pricing, Blue Nile has become a trusted

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Optimistic 1 South African diamond regulator

Optimistic 1 South African diamond regulator not doing enough to promote junior mining – mining lawyer The recent Junior Indaba highlighted a major concern regarding the perceived lack of proactive actions by the South African diamond regulator (SADPMR). Attendees expressed their concerns that the diamond regulator is not doing enough to address critical issues affecting

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