Coronavirus Lucara's Large Stone Sale Under Threat

Coronavirus: Lucara’s Large Stone Sale Under Threat

Lucara says its sale of large stones from the Karowe mine, in Botswana, may not take place next month as planned. The quarterly tender in Gabarone in May is under threat from COVID-19 and may...
Chisholm Hunter directors commit to salary reductions during coronavirus crisis

Chisholm Hunter directors commit to salary reductions during coronavirus crisis

National jeweller, Chisholm Hunter, has announced that the senior team, heading by chief executive Harry Brown, have committed to a salary reduction throughout the duration of the coronavirus pandemic. The message from Chisholm Hunter throughout...
Baselworld postponed to January 2021

Baselworld postponed to January 2021

For health safety reasons and in accordance with the precautionary principle issued today by the Swiss authorities, Baselworld announces that it has taken the decision to postpone the show. For health safety reasons and in...
De Beers is offering their online Diamond Foundation Course for free

De Beers is offering their online Diamond Foundation Course for free

De Beers Group Institute of Diamonds has taken the decision to offer their Diamond Foundation Course for free (normally $250) to the diamond industry. At De Beers Group Institute of Diamonds, they understand the current...
Astrid & Miyu founder launches free mentorship program for small businesses impacted by COVID-19

Astrid & Miyu founder launches free mentorship program for small businesses impacted by COVID-19

Astrid & Miyu founder, Connie Nam, has decided to run a complimentary mentorship program for small businesses that have been affected by COVID-19. This will initially be a three-month program but could be extended subject...
Sales at Signet Beat Expectations, but Coronavirus Forces Cost Cutting

Sales at Signet Beat Expectations, but Coronavirus Forces Cost Cutting

Signet, the world's largest retailer of diamond jewelry, reported an improved performance for the last quarter of 2020, but will be borrowing $900m as it faces the uncertainty of coronavirus. The company, whose brands include...

Diamond Face Masks Could Kill Coronavirus

Tiny diamond particles could be used in a new generation of virus-killing face masks. Researchers believe a coating of salt crystals and nano-diamonds will actually destroy viruses and micro organisms, rather than simply filtering them...
South Africa lockdown to hit Anglo American output

South Africa lockdown to hit Anglo American output

Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most. The company, founded in...
Signet returns to growth but UK sales continue to suffer

Signet returns to growth but UK sales continue to suffer

Signet Jewelers ended its 2020 fiscal year with a strong holiday season and fourth quarter, but the UK continued to see a decline in sales. For the fourth quarter, same-store sales were down by 3.1%...
WFDB

Digital Diamond Trading Will Ease Challenge of Social Distancing

Online trading will help the diamond industry ride the Covid-19 storm, the president of the World Federation of Diamond Bourses said today. "We are fortunate that both eCommerce and digital platforms have developed to...

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