US consumer spending this holiday season is likely to come close to last year’s record, dropping $12 per person to average $890, according to the National Retail Federation (NRF) forecast. Of the ...
The Gemological Institute of America (GIA) recently examined an unusually large, two-toned rough stone: a 37.41-carat pink and colorless diamond. The natural stone is believed to have originated at ...
Burgundy Diamond Mines has requested a voluntary suspension of its stock as it negotiates external funding with multiple parties in an effort to keep its business running. The company, which owns the ...
De Beers chief trade and industry officer Feriel Zerouki will leave her role at the end of October after 20 years with the company. During her time with De Beers, Zerouki, who is also a member of the ...
Diamond production at Rio Tinto rose in the third quarter amid a strong comparison with the previous year, when the company temporarily closed its Diavik mine in Canada. Output from the mine surged ...
A jadeite, ruby and diamond necklace estimated to fetch HKD 58 million ($7.5 million) at a recent jewelry sale at Poly Auction was among a number of top lots that remained unsold. The piece, which the ...
US jewelry sales at the start of the holiday season are up to 20% above those of the previous year, according to respondents who took part in a Rapaport News survey. An additional 11% of those ...
The premium for US-based diamonds relative to those in India has increased since tariffs came into play — but so has volatility, according to the latest Rapaport Research Report. Goods located in ...
Israeli Finance Minister Bezalel Smotrich will include a proposition in the country’s 2026 budget to make the country a free-trade zone for diamonds, he said. Smotrich announced the move, which Israel ...
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 ...
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 ...
Recent trade fairs in Asia confirm growth in one market and decline in another, with tariffs putting the brakes on all sales to the US. Sales values and attendance were both up at the 72nd Bangkok ...
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