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 ...

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 ...

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, ...

Revenue at Watches of Switzerland rose for the full year as US consumers spent in force following a brief pause after the initial tariff announcement. Group sales rose 7% to GBP 1.65 billion ($2.21 ...

The ninth edition of Swiss gem and jewelry trade show GemGenève will open its doors in Geneva on Thursday, with an enlarged floorspace and a general sense of optimism among exhibitors, even under the ...

De Beers intends to shut its lab-grown diamond jewelry business, Lightbox, the company announced Thursday. “The planned closure of Lightbox reflects our commitment to natural diamonds,” said De Beers ...

Burgundy Diamond Mines will work directly with manufacturers, traders, jewelers and luxury brands to make direct deals for the sale of rough diamonds from its Ekati mine in Canada. The collaborations ...

Speculation has been building over the past month and a half that De Beers had been offering discounts to selected sightholders since early this year. It was unclear how many of them were getting ...

The World Diamond Council (WDC) is calling on the US government to provide a dispensation for the diamond industry when implementing tariffs, noting the levies would put more than 200,000 jobs at risk ...

Three diamond rings took center stage at a recent Sotheby’s auction in Hong Kong, selling for more than five times their high estimate. The first ring features a brilliant-cut, 4.28-carat, D-color, ...

Gemfields saw prices and demand increase at its most recent auction of emeralds from the Kagem mine in Zambia amid improved market sentiment. The miner brought in revenue of $16.4 million from the ...

Companies in the diamond and jewelry trade are overwhelmingly worried about how impending US tariffs will affect business, but they have yet to take any steps to alter operations so they can avoid ...