A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Dominion Diamond’s New Owner Picks a CEO
The Washington Companies has selected Patrick Evans, who used to run Mountain Province Diamonds, to head the Canadian mining company.
Missoula, Mont.--The Washington Companies has tapped a man with experience mining diamonds in Canada’s Northwest Territories to head Dominion Diamond Corp.
Patrick Evans will join Dominion after working for nearly 12 years as CEO of Mountain Province Diamonds Inc., the company that runs the Gahcho Kué mine in partnership with De Beers. Before that, he spent four years as the president and CEO of Kennady Diamonds, which owns a diamond project northeast of Yellowknife, the capital of the Northwest Territories.
He left Mountain Province in June and will join Dominion after its acquisition by The Washington Companies is complete.
In an emailed statement, The Washington Companies President Lawrence R. Simkins said: “Patrick has a long and successful track record in the industry and brings a wealth of diamond mining experience ... Having operated a mining company in the Northwest Territories, Patrick already has a familiarity with the region and strong relationships with local officials and indigenous leaders.”
Dominion has two mines in Canada’s Northwest Territories--Ekati and Diavik, of which it owns 40 percent (Rio Tinto owns the rest).
It is the third largest producer of rough diamonds by value in the world, behind De Beers and Alrosa, with sorting and selling operations in Canada, Belgium and India, and the rights to the CanadaMark diamond brand.
The transaction, which is valued at $1.2 billion, is expected to close in the fourth quarter.
The Latest
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.