In the diamond trading world, becoming one of De Beers’s elite buyers is no longer so easy.
De Beers has a blockchain system to track diamonds through their long and obscure journey from mine to jewelry shop.
The gem, the size of a tennis ball, is not expected to yield only a limited supply of valuable diamonds.
A diamond ETF could come soon now that the U.K. has approved a gem pricing benchmark.
The biggest diamond ever found in North America has been unearthed.
The business of low-end diamonds, which tend to be small and flawed, is struggling because of too much supply.
Diamonds grown in labs have the same physical characteristics and chemical makeup as mined stones.
Shoppers are increasingly choosing pieces with several, smaller gems.
Gem Diamonds found the 910-carat stone, which is about the size of two golf balls.
The Lesedi, just smaller than a tennis ball, is second in size only to the Cullinan, a 3,106-carat gem found in South Africa in 1905.
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