Yet Another Huge Diamond Recovered at Karowe

Yet Another Huge Diamond Recovered at Karowe

Lucara has announced another huge diamond - a 692.3-ct Type IIa high white gem - just two weeks after the recovery of a 1,080-ct stone. Both are from the Karowe mine, in Botswana, which the...
World's Priciest Barbie, with a One-Carat Pink Diamond

World’s Priciest Barbie, with a One-Carat Pink Diamond

This is the world's most expensive Barbie, in a strapless black evening dress and a one-carat pink diamond. She sold for $302,500 at Christie's New York, in October 2010, more than a decade before the...
Blocks $26m of India Diamond Payments to Russia

US “Blocks $26m of India Diamond Payments to Russia”

The US has reportedly blocked $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia. OFAC, the Office of Foreign Assets Control, is said to have instructed banks in recent months...
SEC Charges Crypto Boss over $4.3m Black Diamond

SEC Charges Crypto Boss over $4.3m Black Diamond

Crypto boss Richard Heart has been accused of defrauding investors to buy The Enigma, the world's largest black natural color diamond - a 555.55-ct carbonado - for $4.3m. The SEC (Securities and Exchange Commission) in...
De Beers Deal will make Botswana "Global Capital of Diamonds"

De Beers Deal will make Botswana “Global Capital of Diamonds”

Botswana's President Mokgweetsi Masisi says the new De Beers deal will make his country "truly the global capital of diamonds for the first time". In an interview with Bloomberg TV he welcomed the sales and...
Polished Prices in China Stable, Despite Rough Collapse

Polished Prices in China Stable, Despite Rough Collapse

The retail price of polished diamonds in China has remained stable over the last six months, despite a collapse in the rough market. That's according to an informal survey of salespeople at major jewelry stores...
Israel's Rough Diamond Trade Halved by Slowdown

Israel’s Rough Diamond Trade Halved by Slowdown

Israel's trade in rough diamonds has halved during the first half of this year, according to new government figures. Net imports were down 45 per cent compared with H1 2022 to $555m and net exports...
Thousands of Tonnes of Diamonds Rain Down on Saturn

Thousands of Tonnes of Diamonds Rain Down on Saturn

Thousand of tonnes of diamonds are literally raining down on Saturn and Jupiter, say scientists. They believe frequent lightning strikes turn methane around the two planets into soot — carbon — which hardens as it...
Diamond Industry Leaders Discuss Ways To Foster Economic Growth At B20 Summit In Surat

Diamond Industry Leaders Discuss Ways To Foster Economic Growth At B20 Summit In Surat

The Business 20 (B20) Surat Meet, the official G20 dialogue forum with the global business community, took place in Surat, India on 1st July, 2023. The event was organised by the Confederation of Indian...
Botswana's Diamond Share to Double in New De Beers Agreement

Botswana’s Diamond Share to Double in New De Beers Agreement

The Botswana government is to see its share of De Beers diamonds double from 25 per cent to 50 per cent over the next 10 years, after both sides reached a last-minute agreement on...

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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

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GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das

GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das

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Tanishq Unveils Elegant New Store at Nexus Koramangala in Bengaluru

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