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Category: Synthetics

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Fenix Diamonds to Acquire Lusix for $4M – Report

Japan’s EDP withdraws from bidding, according to Calcalist.
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Martin Rapaport on Natural Diamond Markets

Geopolitical and economic forces are disrupting the industry, but there’s opportunity to be had in the decline of retailers’ synthetic margins, diamond-jewelry resale and a $72 trillion inheritance boom.
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Synthetics Maker Lusix to Sell for $2.5M – Report

Japanese investor to buy troubled Israeli lab-grown diamond producer.
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Is Diamond Production on the Decline?

The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines.

Why Jewelry Auction Buyers Are Getting Younger, and This Week’s Other News 

Members of the editorial team pick their favorite pieces from the internet.
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Synthetics Grower Lusix Seeks Creditor Protection – Report 

Israeli entrepreneur Benny Landa’s company has debts of $28 million, according to news site CTech.

The Death of the Diamond Dream, and This Week’s Other News

Members of the editorial team pick their favorite pieces from the internet.

Sarine Revenue Benefits from Addition of Synthetic-Diamond Services 

Company adapts rough-planning technology and opens India facility to serve lab-grown industry.

Pandora Raises Full-Year Forecast as Synthetics Sales Strengthen  

Lab-grown diamond collection saw 88% like-for-like growth in second quarter.
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Indian Consumers Not Into Synthetics, Seek Natural: Titan

While media and movies are driving US demand for larger stones, this isn’t the case domestically, according to jeweler’s managing director.

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