London Diamond Bourse To Hold Diamond Tender
The London Diamond Bourse (LDB) has been chosen as the sole industry representative to officiate and run a tender on behalf of an anonymous vendor.
A range of rough diamonds will be presented for a...
Tiffany & Co commits to new era of diamond transparency
Tiffany Begins Disclosing the Provenance of its Diamonds, Commits to 100% Geographic Transparency.
Tiffany & Co. announced today that it will begin sharing with consumers the provenance (region or countries of origin) of its newly...
Alrosa sales grow by over 500% month-on-month in August
Russian diamond mining giant Alrosa has seen significant sales growth since the market began to reopen, according to its latest financial data for August.
Total monthly rough and polished diamond sales grew by over 500%...
Lucara Forecasts Increased Revenue in 2020
Lucara Diamond Corp. said it expects an increase in revenue in 2020, with estimates of $180-$210 million. In 2019, total revenue is expected to be between $170-$180 million, according to a recent...
“We will not let these thugs beat us,” says jeweller reopening store same day...
An independent jewellery retailer reopened its store the same day a moped gang armed with knives and acid raided its boutique of £100,000 worth of goods.
The armed group set up a roadblock in Wimbledon...
Another Month of Decline for India’s Polished Exports
India suffered yet another decline in gross exports of polished diamonds in May, but it was less severe than in recent months.
Foreign sales amounted to $1.72bn, down 17.5 per cent on the previous month,...
Christie’s Geneva July sales realises $57,903,296
Christie’s July Luxury sales in Geneva realized a combined total of CHF54,625,751 / $57,903,296 / £45,885,630 for 195 pieces of jewelry, 226 watches, and 819 fine wines, with a combined sell-through rate of 81%....
Mountain Province Reports Q3 Income at C$ 28 Mn; 9M Recovered Grade 28% Above...
Mountain Province Diamonds Inc reported a net income of C$27.7 million for the three months ended September 30, 2017, while stating that the average recovered grade of approximately 2.07 carats per tonne from the...
Tiffany Launches Gender-Neutral Diamond Bracelets
Tiffany & Co has announced a gender-neutral range of diamond and gold bracelets.
It follows the launch last May of its first range of engagement rings for men, recognizing the rise in same-sex marriages.
The new...
Petra’s Revenue Decreases By 6% Y-o-Y to Reach US$463.6 Mn; Net Loss Widens
Announcing its preliminary (unaudited) results for the year ended June 30, 2019 (FY 2019), Petra Diamonds Limited reported that its revenue of US$ 463.6 million, had decreased by 6% as compared to a revenue...
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