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...
Ultra-Wealthy Buying Lab Growns, says Dubai Jeweler

Ultra-Wealthy Buying Lab Growns, says Dubai Jeweler

Even wealthy clients, who can readily afford natural diamonds, are buying lab growns, says the founder of a luxury jewelry brand in Dubai. Fergus James says he sells high-end lab-grown diamond bracelets to wealthy socialites,...
Rapaport: Diamond Trade Cautious At End Of Year

Rapaport: Diamond Trade Cautious At End Of Year

Diamond trading was quiet in late December as wholesalers took vacation between Christmas and New Year, Rapaport said in a release. The industry was cautious due to sluggish US consumer demand and competition from...
SRK Becomes Member of World Diamond Council

SRK Becomes Member of World Diamond Council

Surat-based diamond manufacturing company Shree Ramkrishna Exports Pvt. Ltd. (SRK) has joined the World Diamond Council (WDC), which represents businesses and organisations engaged in the global diamond value chain. SRK said it recognises the crucial...

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Luxury conglomerate Kering reported a challenging first half of 2024, with group revenue declining by 11% to €9.01 billion. The company attributed the downturn...
World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations

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Tiffany's $305,000 'Bird on a Rock' Watch

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