Eight Manufacturers Join Forces with NDC

Eight Manufacturers Join Forces with NDC

Eight major diamond manufacturers have joined forces with the Natural Diamond Council (NDC) to promote the industry and educate consumers. Shree Ramkrishna Exports (SRK), Hari Krishna Exports Pvt. Ltd. (HK), Rosy Blue, Venus Jewel, Diarough,...
Petra Postpones 380,000-cts Tender amid Midstream Slowdown

Petra Postpones 380,000-cts Tender amid Midstream Slowdown

Petra Diamonds today said it had postponed its June tender of 380,000 carats, in a further indication of a midstream slowdown. The UK-based miner reported a sharp drop in sales at its May tender -...
De Beers Opens Tracr Platform To Diamond Industry

De Beers Opens Tracr Platform To Diamond Industry

De Beers announced the opening of its traceability platform, Tracr, to participants from the diamond industry. Joining forces with industry leaders, Brilliant Earth has become the latest addition to the platform, which aims to...
India Importing More Diamonds than Before Ukraine War

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...
Boucheron Diamond Tiara, Complete with Screwdriver

Boucheron Diamond Tiara, Complete with Screwdriver

A diamond and platinum bandeau tiara, signed Boucheron Paris and owned for over a century by a British aristocratic family, is to be sold at Christie's London with a high estimate of $185,000. It's the...
Surat Manufacturers Extend Summer Vacations

Surat Manufacturers Extend Summer Vacations

Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods. Slow demand is forcing many units to lay off staff, reduce working...
Petra Holds Back 75,000 carats amid Weak Demand

Petra Holds Back 75,000 carats amid Weak Demand

Petra reported sharp drops in both revenue and prices at its May tender, and said it held back parcels of over 75,000 carats because of weak demand. The UK-based miner is currently operating only two...
Rare Blue Diamond Steals the Show at Sotheby’s Geneva Auction; Sets New Price Record of $25.18 Million

Rare Blue Diamond Steals the Show at Sotheby’s Geneva Auction; Sets New Price Record...

Sotheby’s Geneva made headlines once again with its spectacular Magnificent Jewels and Noble Jewels auction, achieving its best performance in five years. The star of the show was the highly anticipated Bulgari Laguna Blu,...
India Renews Pressure to Return Koh-i-Noor

India Renews Pressure to Return Koh-i-Noor

The Indian government will renew diplomatic efforts to have the Britain return the Koh-i-Noor diamond. It follows the coronation of King Charles III earlier this month. Queen Camilla pointedly had the iconic 105.6-carat oval-cut Golconda...
Rio Tinto Celebrates 20th Anniversary Of Diavik Diamond Mine

Rio Tinto Celebrates 20th Anniversary Of Diavik Diamond Mine

Mining major Rio Tinto is marking the 20th anniversary of its Diavik diamond mine in Canada's Northwest Territories. The mine, which was discovered during a mineral prospecting rush in the 1990s, has since produced...

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