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AI and Personalization: Tech Trends Reshaping the Diamond Industry

AI and Personalization: Tech Trends Reshaping the Diamond Industry

by Andrew Wilson | Dec 12, 2024 | Blog, Market Insights

AI is rapidly reshaping the diamond industry by improving processes and enhancing personalization. In mining, AI-driven technologies such as predictive analytics and real-time data capture reduce exploration costs and elevate productivity by pinpointing valuable...
Aging Mines and Supply Constraints: The Future of Natural Diamond Production

Aging Mines and Supply Constraints: The Future of Natural Diamond Production

by Andrew Wilson | Dec 10, 2024 | Market Insights, Blog

Natural diamond production is increasingly threatened by aging mines and significant supply constraints. Notable mines like Diavik and Argyle are nearing or have reached depletion, leading to an anticipated production drop to 117.5 million carats by 2024, far below...
Kesslers Diamonds Unveils Innovative Store Concept in Kenosha

Kesslers Diamonds Unveils Innovative Store Concept in Kenosha

by Andrew Wilson | Dec 9, 2024 | Market Insights

Kesslers Diamonds has revealed its groundbreaking 3,400-square-foot store in Kenosha, showcasing a sophisticated blend of modern retail design and customer-centric features. The space features elegant creamy whites, grays, and taupes accented with the brand’s...
Vintage Turquoise: The Unexpected December Birthstone Favorite

Vintage Turquoise: The Unexpected December Birthstone Favorite

by Andrew Wilson | Dec 8, 2024 | Market Insights

Turquoise’s designation as December’s birthstone in 1912 transformed this ancient gem from a royal and spiritual talisman into a cherished winter favorite. The stone’s rich history spans from Egyptian pharaohs to Native American artisans, with...
Traditional Diamond Mining Under Pressure as Lab-Grown Gems Gain Ground

Traditional Diamond Mining Under Pressure as Lab-Grown Gems Gain Ground

by Andrew Wilson | Dec 8, 2024 | Market Insights

Traditional diamond mining is under increasing pressure from the rise of lab-grown diamonds, which are gaining favor due to their lower environmental impact, ethical sourcing, and competitive pricing. While mined diamonds contribute considerably to pollution and have...
Synthetic Diamond Sector Booms: Production Costs Plummet, Output Set to Double by 2030

Synthetic Diamond Sector Booms: Production Costs Plummet, Output Set to Double by 2030

by Andrew Wilson | Dec 7, 2024 | Market Insights

The synthetic diamond sector is booming, with production costs plummeting from $4,000 per carat in 2008 to current figures of $300-$500 per carat. This drastic cost reduction is largely attributed to advanced manufacturing techniques such as the CVD method, which has...
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