US Jewelry Sector Shrinks Again

US Jewelry Sector Shrinks Again

The US jewelry sector shrank again in Q2 of this year, with the overall loss of 462 retailers and more than 100 wholesalers and manufacturers. That's lower than the last two quarters, according to statistics...
Beach Couple Reunited with Engagement Ring

Beach Couple Reunited with Engagement Ring

Police officers patrolling a beach came to the rescue after a man lost the engagement ring he was about to present to his girlfriend. It fell out of his pocket at Myrtle Beach, South Carolina,...
Dubai Hosts World's First Lab Grown Symposium

Dubai Hosts World’s First Lab Grown Symposium

More than 230 delegates attended an inaugural lab grown symposium in Dubai to address issues facing the industry. It was, said Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange (DDE), the first event of...
Woman Reunited with Diamond Ring Flushed away 13 Years ago

Woman Reunited with Diamond Ring Flushed away 13 Years ago

A woman has been reunited with her diamond ring, 13 years after she accidentally flushed it down the toilet. Mary Strand, 71, was astonished to learn that workers at a wastewater plant near her home...
Alrosa: New Finds could take Total Reserves to 1.1bn Carats

Alrosa: New Finds could take Total Reserves to 1.1bn Carats

Alrosa says it expects to find more diamonds in Yakutia and beyond, which could take total reserves to an estimated 1.1bn carats. It also says rough production for 2022 is expected to total 35.5m carats,...
JCPenney Diamond Suspects Linked to $1.5m Series of Raids

JCPenney Diamond Suspects Linked to $1.5m Series of Raids

Four men arrested during a jewelry raid at a s JCPenney store may be linked to a series of heists that netted $1.5m. The suspects were apprehended as they smashed display cases with hammers to...
Mehta in Legal Bid to Unfreeze $900m Assets

Mehta in Legal Bid to Unfreeze $900m Assets

Fugitive Indian diamond merchant Jatin Mehta has gone to court in Britain to challenge the freezing of his assets. He is accused of defrauding15 lenders out of more than $1bn lent to his companies Winsome...
GIA to Launch Digital-Only Diamond Dossiers in January

GIA to Launch Digital-Only Diamond Dossiers in January

The GIA (Gemological Institute of America) says it will launch a digital-only version of its Diamond Dossier in January 2023. It's the first step towards phasing out all printed reports with three years, a move...
EU Plans New Sanctions on Russia, but not Diamonds

EU Plans New Sanctions on Russia, but not Diamonds

The European Union yesterday proposed an eighth round of sanctions against Russia, but made no mention of outlawing its diamonds. Five of the bloc's 27 countries, including Poland, Estonia, Latvia, and Lithuania, have reportedly called...
Williamson Pink Star Could Sell for $21m

Williamson Pink Star Could Sell for $21m

An 11.15-ct pink diamond described as "rare masterpiece of nature" is to be sold in a single-lot auction in Hong Kong with a $21m estimate. The cushion cut Williamson Pink Star, named after the Petra...

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