News

Botswana President Duma Boko has announced plans for the termination of over 1,000 workers at Debswana, the government’s joint venture with De Beers. Boko made the declaration at a recent address to ...
A fancy-vivid-pink diamond ring stole the show at the recent Bonhams jewelry sale in Hong Kong, where it brought in HKD 4.4 million ($567,724). The piece features a modified shield brilliant-cut, 1.08 ...
Authorities arrested four men following a smash-and-grab robbery in which a group of 20 flooded a jewelry store. On the evening of May 18, members of a gang used a stolen vehicle to ram into Sai ...
Sarine Technologies posted a net loss in the first quarter as companies paused a large portion of diamond-scanning activities amid concerns over tariffs. The company reported a net loss of $100,000 ...
Phillips will offer a ring with a pink diamond weighing 3.03 carats at its upcoming New York sale, expecting it to fetch up to $1.6 million. The piece, which features a radiant-cut, fancy-intense-pink ...
The Jewelers Board of Trade (JBT) has appointed Andrew Rickard as president, to succeed Erich Jacobs. For the past five years, Rickard has served on both the board and executive board of JBT, ...
Lucapa Diamond Company has entered voluntary administration to restructure its capital and prepare for the possible sale of the business. The miner’s administrators from advisory firm KordaMentha will ...
On a recent episode of the Rapaport Diamond Podcast, a prominent executive in the Indian manufacturing sector gave a revealing report of his company’s current operations. “Since October, we are back ...
US consumers are buying gemstone jewelry, with 65% seeking out designs containing birthstones, a Plumb Club survey showed. Some 39%, a 7% increase from the previous survey in 2023, were interested in ...
Revenue from sales of rough at Petra Diamonds fell in the third quarter as the miner presented a weaker product mix from its Cullinan mine in South Africa. Sales slipped 13% year-on-year to $41.6 ...
A number of colored diamonds feature in the top 10 lots Sotheby’s will offer at its upcoming jewelry auction in New York, which also includes a Graff diamond ring expected to bring in up to $3 million ...
Many prominent lots outstripped their estimates at a recent online jewelry sale at Christie’s in Geneva, with some selling for several times their high price. The top item was an oval brilliant-cut, ...