De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is ...
Botswana’s state diamond trader held an ad-hoc tender of about 1 million carats in rough to help raise revenue for the country, but none of the stones sold. Okavango Diamond Company (ODC), which is ...
Greg Katz, managing partner of South Africa-based diamond dealer and manufacturer Trigon Adamas, came on the Rapaport Diamond Podcast to recount his experiences working on exceptional stones.
Natural diamonds polished in the European Union will no longer be subject to tariffs upon import into the US. The exemption, which brings the tax rate to 0% from the previous 15%, is part of a US ...
Gemfields saw revenue and profit drop in the first half as it paused production at its emerald mine and sold lower-grade ore from its ruby deposit, which affected its auction results. Sales fell 47% ...
Burgundy Diamond Mines is looking for external funding to allow it to continue operations at its Ekati mine in Canada’s Northwest Territories, citing financial challenges stemming from weak demand and ...
The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...
US holiday retail sales will rise during the traditional two-month holiday period, but consumers may opt for fixed-budget goods such as gift cards in the wake of higher tariffs on other items, ...
A 12.56-carat sapphire and diamond ring took the center stage at a recent Sotheby’s auction in Hong Kong, selling for HKD 18.7 million ($2.4 million), within its estimates. The piece, which bears a ...
Rio Tinto will hold its final Beyond Rare Tender, featuring 52 lots of polished fancy-color diamonds. The miner will offer a collection totaling 45.44 carats of diamonds, called Into the Light, ...
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...
Intricately 3D-printed precious metals, glass that can store audio of the ocean, and new horizons for synthetic gems are among the breakthroughs in this field. Rifle through the jewelry boxes of ...