Mining operations have restarted at the Lulo mine in Angola following the peaceful resolution of a blockade by local community leaders. Lucapa Diamond Company, which holds a 40% interest in the mine, ...

Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...

Rio Tinto’s diamond business incurred a loss in 2024 as the global market slowdown hit the mining conglomerate. Revenue fell 37% to $279 million for the 12 months, leading to an underlying loss of ...

The sky-high price of gold was arguably one the biggest fine-jewelry stories of 2024, smashing records repeatedly throughout the year. Jewelry companies have experimented with strategies to combat ...

Zambia has repealed the 15% export duty on all previous gemstones and metals it reintroduced without warning only last month, amid uproar from the industry. The levy, which had not been in effect ...

After nearly five years at the helm of De Beers’ jewelry business, Céline Assimon will leave the company at the end of the month. Assimon left Swiss luxury jeweler De Grisogono to join the miner as ...

Importers will not need to submit proof of a diamond’s country of mining when registering shipments to the US but should keep the right documentation for inspection, according to guidance the Jewelers ...

Kirit Bhansali will become chair of the Gem & Jewellery Export Promotion Council (GJEPC), where he intends to advance his vision of transformative growth for India’s diamond industry. Bhansali — who ...

Revenue at Indian diamond manufacturer Asian Star dipped slightly in the third fiscal quarter as a decline in diamond sales outweighed strong purchases of gold jewelry. Revenue on a consolidated basis ...

A captivating gemstone grabbed headlines at the Sotheby’s Magnificent Jewels sale in New York this past December. The 16.53-carat Brazilian alexandrite was the center stone of a ring that sold for ...

De Beers and the Botswana government have concluded their negotiations over a new sales agreement for rough diamonds after more than five years of discussions. They haven’t signed yet: Bogolo ...

The Emirati city’s central location and favorable business conditions have helped push it to prominence as a trading center. Amid the frantic schedule of Dubai Diamond Week in November, executives of ...