Dubai Diamond Trade In 2023 Up 2% To $38.3 Billion: DMCC
DMCC reported that total rough and polished diamond trade in Dubai reached $38.3 billion in 2023, up 2% year-on-year and representing a five-year compound annual growth rate of 11%.
Polished diamond trade was up 32%...
41-ct Yellow Diamond Sells for $1m
A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector.
The natural color, VS2 clarity stone (pictured) was among the highlights of From the...
Human Rights and Diamond Smuggling: US Sanctions Zimbabwe President
The US has sanctioned Zimbabwe's President Emmerson Mnangagwa for human rights abuses, corruption and smuggling gold and diamonds.
The Treasury's Office of Foreign Assets Control (OFAC) designated Mnangagwa and 10 other individuals, including his wife,...
41-ct Yellow Diamond Sells for $1m
A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector.
The natural color, VS2 clarity stone (pictured) was among the highlights of From the...
215-ct Diamond is Biggest in Liqhobong’s History
Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho.
The 215-carat stone is being put to a competitive bidding tender process, with viewings in Antwerp...
IDEX Price Report for 1 March: Rounds and Fancies Down
Prices fell during February after what now appears to have been a false start to the recovery in December. Losses dominated among almost all sizes of goods, much as they did during January. Demand...
De Beers and Angola Diamond Companies Join Forces
De Beers has strengthened its ties with Angola in a move aimed at increasing the country's diamond production.
It has signed a memorandum of understanding (MoU) with Angola's National Mineral Resource Agency, and its state-owned...
J.Lo Wears $340,000 Diamond Necklace
Jennifer Lopez wears a $340,000 diamond pavé necklace in the video for Can't Get Enough, her latest single.
The Eka Mia Luca piece is from a collection by the Italian brand Fope.
"We are thrilled to...
De Beers’ 2023 Diamond Output -8% To 31.9 Million Carats
De Beers recorded a 3% decline in rough diamond production to 7.9 million carats, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations, partly offset by higher production...
Revenue and Prices Down at Gem Diamonds
Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023 amid ongoing "downward pressure" in the rough market.
The UK-based miner operates Letseng, in Lesotho, the highest dollar per...
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