US consumer spending this holiday season is likely to come close to last year’s record, dropping $12 per person to average $890, according to the National Retail Federation (NRF) forecast. Of the ...
De Beers chief trade and industry officer Feriel Zerouki will leave her role at the end of October after 20 years with the company. During her time with De Beers, Zerouki, who is also a member of the ...
The Gemological Institute of America (GIA) recently examined an unusually large, two-toned rough stone: a 37.41-carat pink and colorless diamond. The natural stone is believed to have originated at ...
Diamond production at Rio Tinto rose in the third quarter amid a strong comparison with the previous year, when the company temporarily closed its Diavik mine in Canada. Output from the mine surged ...
Burgundy Diamond Mines has requested a voluntary suspension of its stock as it negotiates external funding with multiple parties in an effort to keep its business running. The company, which owns the ...
A jadeite, ruby and diamond necklace estimated to fetch HKD 58 million ($7.5 million) at a recent jewelry sale at Poly Auction was among a number of top lots that remained unsold. The piece, which the ...
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...
Weak demand and a supply glut have created a perfect storm for manufacturers. But the only true solution is at the consumer level. Talking to diamantaires in recent weeks, one trend stands out. Indian ...
Sanctions on Russian diamonds and diamond jewelry went into effect on March 1 across Group of Seven (G7) nations, expanding the ban to 1-carat and larger polished stones manufactured in a third ...
Graders at the Gemological Institute of America (GIA) recently came across some natural diamonds with interesting inclusions, some of which resembled animal life. A round, 1.55-carat, G-color, ...
De Beers has unveiled its sales schedule for the coming year, with plans to hold the usual 10 sights across the 12-month period. The miner sells most of its rough to sightholders through a contract ...
The White House has expressed a willingness to remove reciprocal duties on natural diamonds for select countries — but a full exemption is still some way off. US President Donald Trump “may be willing ...