Diamonds remain the ultimate symbol of love, despite modern consumers rewriting the rules of...

Words by head of strategic communication at De Beers Group, David Johnson. As traditions evolve, diamonds remain the ultimate symbol of love. Traditions surrounding love and marriage have changed dramatically in recent times. Where once the...
Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline

Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline

Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond...
No Diamond Ban in New EU Sanctions

No Diamond Ban in New EU Sanctions

The EU has imposed new sanctions worth almost $7bn on Russia, but has again decided against a ban on rough diamonds. The 27-nation bloc acknowledged that the state-owned miner was funding a submarine bearing its...

Rio Tinto’s Diamond Business Reports Loss as Revenue and Earnings Dip in 2019

Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21...
Coronavirus: Supply Chain Must Change, says Lucara Boss

Coronavirus: Supply Chain Must Change, says Lucara Boss

The diamond industry must re-invent its supply chain and move on from traditional Sights and tenders in favor of new technology, says Lucara boss Eira Thomas. The COVID-19 pandemic and resulting travel bans have highlighted...
Stunning Pave Diamond Jewelry that's perfect for a special gift!!

Stunning Pave Diamond Jewelry that’s perfect for a special gift!!

Diamonds are always being a unique gift for your special ones and Pave Diamond Jewelry has emerged as the best diamond jewelry around the world. Whether it is a Pave engagement ring...
WFDB

Digital Diamond Trading Will Ease Challenge of Social Distancing

Online trading will help the diamond industry ride the Covid-19 storm, the president of the World Federation of Diamond Bourses said today. "We are fortunate that both eCommerce and digital platforms have developed to...
De Beers' Sales Down to $500m Ahead of Diwali

De Beers’ Sales Down to $500m Ahead of Diwali

De Beers today said it sold $500m (provisional) of rough at Cycle 8, down over a fifth on the previous Cycle, but broadly in line with the same period last year ($492m). At the end...
Alrosa Finds 22 Diamond Deposits in Zimbabwe

Alrosa Finds 22 Diamond Deposits in Zimbabwe

Russian miner Alrosa has discovered 22 new diamond deposits in Zimbabwe following a $12m exploration program in a joint venture with the country's government. An announcement about the findings was made by Zimbabwe's President Emmerson...
Diamond World is being "Divided" by Alrosa Sales

Diamond World is being “Divided” by Alrosa Sales

Russia's ongoing sale of diamonds to some dealers in India and Belgium and are said to be dividing the industry. Alrosa, the state-controlled miner, has been sanctioned by the US since its invasion of Ukraine...

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Tata Cliq Luxury, the luxury fashion and lifestyle platform from the Tata Group, has announced a strategic partnership with RedBeryl, a luxury lifestyle management...
Trump's Tariffs: A Looming Crisis for India's Diamond and Jewelry Exports

Trump’s Tariffs: A Looming Crisis for India’s Diamond and Jewelry Exports

India is on high alert as the U.S. prepares to potentially raise tariffs, threatening to worsen the already fragile state of the country's diamond...
Giva Unveils Its First Airport Jewelry Store at Chennai International Airport

Giva Unveils Its First Airport Jewelry Store at Chennai International Airport

Jewelry brand Giva has officially launched its first airport store at Chennai International Airport, Terminal 1 Departures, marking a significant step in its retail...
LVMH Appoints Jean-Christophe Babin to Lead Watches Division

LVMH Appoints Jean-Christophe Babin to Lead Watches Division

LVMH has announced the appointment of Jean-Christophe Babin as the new CEO of its prestigious watches division. Babin, a seasoned veteran in the watches...
De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India

De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India

De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’...
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