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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...
Time for Change: Sotheby's Underground, Gender-Free Watch Auction

Time for Change: Sotheby’s Underground, Gender-Free Watch Auction

An underground auction of vintage watches, held in a Geneva wine cellar, raised $1.3m, almost double its pre-sale high estimate. Sotheby's offered 24 avant garde...
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...
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...
AGTA Bans Non-Natural Gemstones

AGTA Bans Non-Natural Gemstones

Lab grown gemstones are to be banned from all trade shows run by the American Gem Trade Association (AGTA). The Dallas-based not‐for‐profit association says exhibitors...
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