Lucara Diamond Corp. has garnered $54 million from the sale of a 549-carat rough diamond, as well as another weighing 1,080.1 carats. “The sale of these two extraordinary diamonds further validates ...

Meghan Markle is the celebrity with the best engagement ring, according to a survey from the Natural Diamond Council (NDC). The Duchess of Sussex’s ring, which features a cushion-cut center stone ...

Namdia Desert Diamonds has suspended its CEO, chief operations officer and head of security following an armed heist that left one employee dead and saw nearly $20 million in diamonds stolen. The move ...

The London Diamond Bourse (LDB) has debuted a digital community to help connect trade members, allowing them to network, share knowledge and gain support. LDB president David Troostwyk originally ...

Kering saw strong sales in its jewelry and watch divisions in 2024, even as a “difficult year” for the group led to a downturn in other segments. Sales at Kering’s “other houses” category — which ...

The average price of natural-diamond jewelry across all product categories rose 2.7% to $2,360, according to a report from the Natural Diamond Council (NDC) and trend analysis company Tenoris. The ...

The National Union of Mineworkers (NUM) has taken Petra Diamonds to task over its decision to fire more than 200 employees in a cost-cutting measure. “This decision is unacceptable, as it will have ...

Our industry trades in beauty, but it’s still a trade. That’s why we’ve dedicated much of the January-February issue of Rapaport Magazine — our first of 2025 — to drilling down into the numbers.

Lucapa Diamond Company is facing a disruption to production at its Lulo mine in Angola after local community leaders barricaded all entrances to the deposit and made a “series of unreasonable demands, ...

The world of gemstone trading is entering a transformative phase, and I am proud to share the news of a groundbreaking collaboration between the American Gem Trade Association (AGTA) and RapNet, the ...

Diamond importers should provide documentation to verify their origin declarations, US Customs and Border Protection (CBP) has told industry members following the release of new filing rules. Last ...

The 67 th annual Grammy Awards made the Crypto.com Arena look more like a high-jewelry house, with the biggest names in music dripping in diamonds as they walked the red carpet. The event saw ...