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Gemfields Sells a Record $95m of Rubies

Gemfields Sells a Record $95m of Rubies

Gemfields says it sold rough rubies worth $95.6m at its latest online auction, setting a new company record. The London-based ruby and emerald miner described...
G7 Impose Sanctions on Russian Gold

G7 Impose Sanctions on Russian Gold

US president Joe Biden yesterday announced plans by G7 - the world's seven richest nations - to impose sanctions on Russian gold. Russia supplies around...
"Russian Diamonds Sponsor Killings," says Ukraine Diplomat

“Russian Diamonds Sponsor Killings,” says Ukraine Diplomat

A Ukrainian diplomat is urging consumers not to buy Russian diamonds, because they fund the war in her country. Liubov Abravitova, who serves as her...
De Beers Annual Forum In Mumbai Showcases 3,000 Designs By 16 Manufacturers

De Beers Annual Forum In Mumbai Showcases 3,000 Designs By 16 Manufacturers

De Beers held its annual Forum in Mumbai from 29th June to 1st July, bringing together all its retail partners, diamantaires, and manufacturers from...
Break with Tradition: Zales Launches the 185-Facet Diamond

Break with Tradition: Zales Launches the 185-Facet Diamond

Zales has launched a new diamond cut with 185 facets - compared with the 58, including the culet, of a traditional brilliant cut -...
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