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Lucara Reports $26m Loss as it Holds Back Special-Sized Stones

Lucara Reports $26m Loss as it Holds Back Special-Sized Stones

Lucara reported a fall in revenue and per-carat prices during the pandemic as it held back the large stones (+10.8-cts) that usually represent 70...
ALROSA

Severalmaz to bring the processing plant back into operation a month ahead of schedule

Arkhangelsk, February 24, 2021 – Due to the improvement in the global diamond market, ALROSA Group’s management decided to bring the processing plant of...
Beyonce and Lorraine Schwartz

Beyonce Backs GIA Scholarships for Black Students

Beyonce is joining jewelry designer Lorraine Schwartz to select two black students for scholarships at the GIA. They became friends through a shared love of...
Nirav Modi U.S. Boutique Grand Opening

Celebrity jeweller accused of fraud and death threats can be extradited, says UK court

Celebrity jeweller Nirav Modi, accused of a number of crimes as part of a $2 billion (£1.44 billion) banking scandal, can be extradited to...
Boohoo stocks fall amid ‘compelling’ slave labour allegations and US import ban

Boohoo stocks fall amid ‘compelling’ slave labour allegations and US import ban

British online fashion retailer Boohoo is fighting battles on all fronts this week as it has been accused of slave labour. The retailer, which recently...
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