De Beers has reduced rough prices by 10% to 15% at its December sight, market insiders told Rapaport News Monday — but manufacturers say they still can’t turn a profit from the goods. The miner made ...
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 ...
India’s Gem & Jewellery Export Promotion Council (GJEPC) has assumed the rules and terminology for synthetic diamonds the US Federal Trade Commission (FTC) implemented in 2018. The guidelines, which ...
On the latest episode of the Rapaport Diamond Podcast, jeweler Eddie LeVian shares his family business’s sweet tooth for chocolate diamonds and how it’s trying to redirect customers toward ...
Sissy’s Log Cabin and Tanishq are among the companies Diamonds Do Good (DDG) will honor at its awards ceremony in Las Vegas in June. “Diamonds Do Good honors leaders who understand the vital ...
Botswana will establish a certification point for rough diamonds entering Group of Seven (G7) countries next year, authorities announced Wednesday, with discussions underway for additional nodes in ...
Lab-grown diamonds are expected to have a major impact on the diamond market in the next few years, but depending on consumer sentiment, they could prove a boon or a loss for the natural industry.
Trans Atlantic Gem Sales (TAGS) and Angola’s Sodiam sold more than $6.5 million worth of large rough diamonds at their latest tender. The sale featured nine diamonds over 10.8 carats, including two ...
A sapphire and diamond brooch was among the many items that beat their upper presale prices at a recent Christie’s sale in London, bringing in GBP 378,00 ($480,044). The piece, which can also be worn ...
The global diamond industry once again finds itself at a crossroads, and while the need to curb conflict diamonds and ensure ethical sourcing remains paramount, the European Union’s proposal for a ...
Hong Kong saw its retail sales drop at a slower pace in October as consumers continued to shy away from luxury purchases. Revenue from jewelry, watches, clocks and valuable gifts slid 11% year on year ...
Lucapa Diamond Company is set to invest AUD 25 million ($16 million) in a production plan for its Merlin mine in Australia, which is expected to yield up to 314,000 carats over the next five years.