Petra Diamonds will ax approximately 468 workers at its Cullinan and Finsch mines in South Africa, according to a local union. The National Union of Mineworkers (NUM) believes the company is looking ...
China’s jewelry market is showing signs of improvement, though the US tariffs present fresh uncertainty, Hong Kong industry executive Lawrence Ma tells the Rapaport Diamond Podcast. Government ...
Transaction limits aimed at curbing money laundering are adding to the sector’s challenges amid a slump in demand from mainland China. The halls of the Hong Kong shows used to generate a different ...
Jewelers of America (JA) presented accolades to Lux Bond & Green CEO John Green, FoundRae chief Beth Hutchens and Chanel at the 23rd annual Gem Awards last week in New York. Green received the ...
The diamond industry is in crisis. Rapid changes in global markets, diminishing consumer confidence, and technological advancements are reshaping the future of the trade. Now more than ever it is ...
The European Union is prepared to impose import tariffs on US goods, including diamonds, gemstones and metals used in jewelry making, in response to “unjustified” taxes President Donald Trump has ...
An 11.97-carat diamond ring is set to go under the hammer at an upcoming jewelry auction at Freeman’s | Hindman, where it could bring in up to $200,000. The ring, which features a pear brilliant-cut, ...
Sotheby’s will offer a 17.48-carat diamond ring at its upcoming Paris jewelry auction, where it is set to fetch up to EUR 500,000 ($546,106). The pear-shaped, G-color, VS1-clarity diamond ring is ...
Luxury jeweler Leviev has appointed Giovanni Mattera-Vairo managing director as part of an effort to bolster the brand’s presence and accelerate its retail expansion. Mattera-Vairo played a key role ...
Tanishq, a Titan Company-owned Indian jewelry brand, has expanded its US presence to Atlanta and Seattle as it continues its efforts to reach expat consumers living abroad. The company opened the ...
Namib Desert Diamonds (Namdia) has recovered approximately NAD 40.6 million ($2.2 million) worth of the NAD 314.9 million ($17.2 million) in diamonds that a group of armed robbers stole in January.
Revenue rose at the International Gemmological Institute (IGI) last year amid increasing demand for synthetic-diamond certification. The India-based lab saw a 17% jump in 2024’s revenue, which came to ...
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