Revenue and profit fell in the first half at Gemfields as economic challenges weakened the market for its rubies and emeralds. Sales fell 17% to $128 million for the six months that ended June 30, the ...
Pandora has transitioned to manufacturing all new jewelry using only recycled silver and gold, marking an annual reduction of approximately 58,000 tons of carbon dioxide emissions. “Silver and gold ...
India’s polishing revenues will plummet to their lowest in a decade this year, as prices have dropped and inventory has built up, a credit agency has warned. Diamond sales will drop up to 27% to $12 ...
A Paraiba tourmaline and diamond ring was the star of a recent jewelry sale at Bonhams, where it brought in $533,900, nearly nine times its upper estimate. The piece, which contained a cushion-shaped, ...
Rio Tinto is offering workers at its Diavik diamond mine an early termination to their employment contracts, in the hopes of saving money in the lead-up to the deposit’s closure. The move is in ...
Burgundy Diamond Mines has urged the government of Canada’s Northwest Territories to provide the industry with aid during the market slowdown, or it may need to reconsider ownership of the deposit.
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 ...
The value of India’s polished-diamond exports declined 24% year on year in August. However, a comparison with rough imports indicates the inventory situation may be improving. What trends can we pick ...
Gem Diamonds has unearthed a 212.91-carat rough from its Letšeng mine in Lesotho, its 13th stone over 100 carats so far this year. The company has attributed the greater number of large diamonds it ...
“I’ve always thought of jewelry as playthings for grown-up children,” says jewelry designer Solange Azagury-Partridge, reflecting on her Kinetic collection of bejeweled pieces that spin, shake and ...
Official attendance figures won’t be available from Informa Markets until next week, but noticeable traffic on the show floor confirmed what exhibitors were saying: Sales at the September Hong Kong ...
The video of Martin Rapaport’s latest webinar, which focused on natural-diamond prices, is now available. During the session — which broadcast live exclusively to Rapaport members on September 18 — ...