U.S. Diamonds of Alrosa Auction Earns $4.8 Million
An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing...
Q&A with Saul Fraiman, Master Jewelry Designer for Grandview Klein Diamond Group
We sat down with Saul Fraiman, master jewelry designer for Grandview Klein Diamond Group to discuss all things diamonds and trends within the industry.
Fraiman’s career in the industry began 50 years ago as an...
India Importing More Diamonds than Before Ukraine War
India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council).
It bought $818m in...
Quarter of US Diamond Jewelry Sales Now Online
A quarter of all US diamond jewelry sales (by value) were online last year, according to De Beers' latest Diamond Insight Report.
That compares with just 14 per cent in 2015, says the report. By...
De Beers Group welcomes new CFO Sarah Kuijlaars
De Beers Group, has announced the addition of Sarah Kuijlaars as its new chief financial officer.
Kuijlaars joins the De Beers Group board and executive committee following the resignation announcement of Nimesh Patel in April...
Amateur Unearths 3.29-carat Ugly Diamond
A regular visitor to the "sift your own diamond" park in Arkansas, USA, unearthed a a 3.29-carat brown gem, the biggest find there in 18 months.
David Anderson is no stranger at the Crater of...
Lucapa’s Second Sale of Lulo Diamonds in 2020 Nets US$ 1.9 Million
The second sale of Lulo alluvial diamonds in 2020 brought in a revenue of US$ 1.9 million, Lucapa Diamond Co Ltd announced today. The mine in Angola is jointly owned by Lucapa and its...
Attempts to Strengthen Scope of KP Fall Flat at Plenary Meeting
Attempts to strengthen the scope of the Kimberley Process (KP) failed at the recent KP plenary after government representatives failed to reach a consensus.
Despite the lack of progress,...
Mountain Province’s Record $81m Quarterly Revenue
Mountain Province has reported the highest quarterly revenue - CAN $111m / USD $81m - since it was founded in 1986.
The Canadian miner, which jointly operates the Gahcho Kue mine with De Beers Canada,...
De Beers Sells $630m Rough Amid ‘Robust’ Demand
De Beers today said it sold $630m (provisional) of rough during Cycle 6, a year-on-year increase of almost 23 per cent as demand remained "robust".
The figure is a light drop on Cycle 5's $657m...
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LVMH Watches & Jewellery Division Holds Steady with €2.48 Billion Revenue in Q1 2025
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U.S. Retail Sales Edge Up in March, But Tariff Uncertainty Dampens Momentum: NRF
After two consecutive months of declines, U.S. retail sales posted modest gains in March, according to the latest CNBC/NRF Retail Monitor, powered by Affinity...
GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das
In a significant move to safeguard India’s gem and jewellery exports, a high-level delegation from the Gem & Jewellery Export Promotion Council (GJEPC) met...
Tanishq Unveils Elegant New Store at Nexus Koramangala in Bengaluru
Tanishq, the fine jewellery arm of Tata, has expanded its footprint in Bengaluru with the grand opening of a new standalone store at Nexus...
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