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Petra Sells Mothballed Mine to Stargems

Petra Sells Mothballed Mine to Stargems

Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration". The loss-making deposit, which Petra bought from De Beers in...
Petra's Prices Boosted $8.2m Blue

Petra’s Prices Boosted $8.2m Blue

Petra Diamonds sold fewer carats but achieved higher prices earlier this month at its fifth tender of FY 2024, boosted by the sale of...
New Rainbow Edition of Billionaire III Watch

New Rainbow Edition of Billionaire III Watch

Luxury watchmaker Jacob & Co has announced three new editions of its famous Billionaire III watch. The bracelet of the Rainbow is fashioned from 580...
De Beers Sells $445m Amid Ongoing Uncertainty

De Beers Sells $445m Amid Ongoing Uncertainty

De Beers today (17 April) reported $445m of rough sales (provisional figure) during its third cycle of the year, a very slight increase on...
IGJS Attracts 250 Foreign Buyers

IGJS Attracts 250 Foreign Buyers

The third edition of International Gem & Jewellery Show (IGJS) in Jaipur, India, attracted 250 buyers from 27 countries, say organizers. The three-day event, which...
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