The diamond industry is in crisis. Rapid changes in global markets, diminishing consumer confidence, and technological advancements are reshaping the future of the trade. Now more than ever it is ...
An 11.97-carat diamond ring is set to go under the hammer at an upcoming jewelry auction at Freeman’s | Hindman, where it could bring in up to $200,000. The ring, which features a pear brilliant-cut, ...
Sotheby’s will offer a 17.48-carat diamond ring at its upcoming Paris jewelry auction, where it is set to fetch up to EUR 500,000 ($546,106). The pear-shaped, G-color, VS1-clarity diamond ring is ...
The European Union is prepared to impose import tariffs on US goods, including diamonds, gemstones and metals used in jewelry making, in response to “unjustified” taxes President Donald Trump has ...
Regional violence and financial difficulties have beset the miner’s ruby operations in the African country. How will that affect supply? On December 24 last year, the Montepuez Ruby Mining (MRM) ...
Gem Diamonds’ revenue and profit rose for the full year as a higher proportion of large diamonds led to an increase in the average price. Revenue from the company’s Letšeng deposit in Lesotho grew 10% ...
Namib Desert Diamonds (Namdia) has recovered approximately NAD 40.6 million ($2.2 million) worth of the NAD 314.9 million ($17.2 million) in diamonds that a group of armed robbers stole in January.
Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...
Trans Atlantic Gem Sales (TAGS) and Angola’s Sodiam sold more than $15.4 million worth of large rough diamonds at its first tender of the year. The sale featured 36 diamonds over 10 carats, including ...
Brilliant Earth’s sales slipped 4% year on year to $119.5 million in the fourth quarter as consumers increasingly opted for engagement rings that cost less than $5,000, driving down the average order ...
Nicole Clayton will join Pandora as general manager of the British Isles region, succeeding Sonia Lopez Delgado. Clayton has considerable experience at globally recognized consumer goods and fashion ...
Rough diamonds above 5 carats were in tight supply at this week’s sight, customers reported, with explanations ranging from production cuts to De Beers’ strategy of withholding supply. The February ...