Human Rights and Diamond Smuggling: US Sanctions Zimbabwe President

Human Rights and Diamond Smuggling: US Sanctions Zimbabwe President

The US has sanctioned Zimbabwe's President Emmerson Mnangagwa for human rights abuses, corruption and smuggling gold and diamonds. The Treasury's Office of Foreign Assets Control (OFAC) designated Mnangagwa and 10 other individuals, including his wife,...
41-ct Yellow Diamond Sells for $1m

41-ct Yellow Diamond Sells for $1m

A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector. The natural color, VS2 clarity stone (pictured) was among the highlights of From the...
215-ct Diamond is Biggest in Liqhobong's History

215-ct Diamond is Biggest in Liqhobong’s History

Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho. The 215-carat stone is being put to a competitive bidding tender process, with viewings in Antwerp...
IDEX Price Report for 1 March: Rounds and Fancies Down

IDEX Price Report for 1 March: Rounds and Fancies Down

Prices fell during February after what now appears to have been a false start to the recovery in December. Losses dominated among almost all sizes of goods, much as they did during January. Demand...
De Beers and Angola Diamond Companies Join Forces

De Beers and Angola Diamond Companies Join Forces

De Beers has strengthened its ties with Angola in a move aimed at increasing the country's diamond production. It has signed a memorandum of understanding (MoU) with Angola's National Mineral Resource Agency, and its state-owned...
J.Lo Wears $340,000 Diamond Necklace

J.Lo Wears $340,000 Diamond Necklace

Jennifer Lopez wears a $340,000 diamond pavé necklace in the video for Can't Get Enough, her latest single. The Eka Mia Luca piece is from a collection by the Italian brand Fope. "We are thrilled to...
De Beers’ 2023 Diamond Output -8% To 31.9 Million Carats

De Beers’ 2023 Diamond Output -8% To 31.9 Million Carats

De Beers recorded a 3% decline in rough diamond production to 7.9 million carats, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations, partly offset by higher production...
Revenue and Prices Down at Gem Diamonds

Revenue and Prices Down at Gem Diamonds

Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023 amid ongoing "downward pressure" in the rough market. The UK-based miner operates Letseng, in Lesotho, the highest dollar per...
Diamonds Do Good Welcomes New Board Members & Leadership Team

Diamonds Do Good Welcomes New Board Members & Leadership Team

The Diamonds Do Good board is pleased to introduce its new leadership team, including President Kathy Corey, president-elect Peter Engel, and immediate past president Anna Martin, all set to serve a two-year term. David...
Diamonds Do Good is Making a Difference

Diamonds Do Good is Making a Difference

Diamonds Do Good, the global non-profit, has announced $365,000 of grants for diamond mining and manufacturing communities. It's supporting girls' education and entrepreneurship training in Tanzania, where it launched the Diamonds Do Good Bracelet to...

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Rolex remains the king of Swiss watches, with more than a 30 per cent share of the market in 2023, according to new research...
41-ct Yellow Diamond Sells for $1m

41-ct Yellow Diamond Sells for $1m

A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector. The natural color, VS2...
Indian Polishers Warned over G7 Sanctions

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GJEPC’s Delhi Regional Office hosted a webinar on 14th March focused on exploring the potential of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and...
WFDB Concludes Successful Presidents’ Meeting In Shanghai

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The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most...
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