The diamond-manufacturing sector is in a contradictory situation heading into the important last two months of the year. Polishing factories normally shut for an extended period during Diwali when the ...

De Beers slashed production in the third quarter and is considering further cuts. It’s also planning to reduce the number of sightholders from 2026. These concerning developments come ahead of the ...

Jewelers of America (JA) has announced the nominees for the 2025 GEM Awards, as well as its choice for a Lifetime Achievement Award. JA will hand out the awards — which honor individuals and brands ...

Burgundy Diamond Mines has reduced its revenue guidance for the full year amid weak demand and low prices for its rough. Revenue for 2024 will now be between $430 million and $460 million, rather than ...

The Women’s Jewelry Association (WJA) Foundation announced its annual scholarship recipients, awarding $63,000 in educational funds to students in the jewelry industry. Spanning six different ...

A pair of earrings featuring yellow diamonds was the top seller at a Christie’s jewelry auction in Hong Kong, fetching HKD 62 million ($8 million). Called The Oriental Sunrise, the set contains two ...

Belgian synthetic-diamond company Fenix will buy Israel’s Lusix for $4 million after a Japanese bidder pulled out, according to a local news report. EDP, which had offered to purchase the Israeli ...

Retail sales at Hong Kong-based jeweler Chow Tai Fook fell 21% year on year in the second fiscal quarter as record gold prices discouraged consumers. A lack of tourism and a drop in local consumption ...

Attorney and cybersecurity expert Jennifer Mulvihill will join the Jewelers’ Security Alliance (JSA) as president, succeeding John Kennedy, who is retiring after 33 years. Mulvihill will be the first ...

RAPAPORT PRESS RELEASE, October 29, 2024, New York… The Rapaport Group is excited to announce the launch of its new WhatsApp channel. This innovative service will provide diamond industry news and ...

David Sherwood, a retail jeweler and member of the Grown Diamond Trade Organization’s advisory board, shared his views on pressing issues in the synthetics industry on the latest episode of the ...

Sales were up at Michael Hill during the first 14 weeks of fiscal 2025, painting an optimistic picture for the holiday season, according to the jeweler. Year-on-year revenue rose 4.3% for the period, ...