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 ...

The Responsible Jewellery Council (RJC) has created a new standard for lab-grown diamonds and gemstones that outlines ethical practices for those in the industry. The Laboratory Grown Material ...

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, ...

Michael Hill CEO Daniel Bracken died suddenly on Wednesday at the age of 57 after an adverse reaction to medical treatment for an underlying condition. Bracken joined the Australia-based jeweler in ...

Upscale retailers had a strong holiday season amid growth in top earners’ spending, though they remain hesitant about investing in diamond inventory. The Centurion Jewelry Show in Phoenix, Arizona, is ...

Sarine Technologies’ sales fell last year amid a persistent oversupply in the midstream and weak demand, which dampened diamond-manufacturing activities. Revenue fell 9% to $39.2 million for 2024, the ...

February 26, 2025, Las Vegas… RapNet, the world’s largest online marketplace for diamonds, gems and jewelry, has partnered with Del Gatto Finance Fund, the largest non-bank lender to the global ...

Rio Tinto’s Argyle Pink Diamonds brand is partnering with the West Australian Ballet to grant scholarships to gifted dancers. The Rio Tinto brand will launch the Rare Gem collaboration together with ...

Gemfields held a mini auction to sell emeralds from its Kagem mine in Zambia that had not found buyers at a previous sale due to direct competition with another producer that was offering similar ...

Lucara Diamond Corp.’s revenue rebounded in 2024 amid the sale of two massive rough stones from its Karowe mine in Botswana, which together went for $54 million. Revenue for the year rose 18% to ...

Kirit Bhansali will become chair of the Gem & Jewellery Export Promotion Council (GJEPC), where he intends to advance his vision of transformative growth for India’s diamond industry. Bhansali — who ...

Revenue at Michael Hill fell 0.7% year on year in the first fiscal half as higher-value holiday gifts offset weak overall demand. Sales came to AUD 360.2 million ($229.1 million) for the six months ...