New CEO Al Cook said the economic uncertainty that lingered in late 2022 caused sightholders to put off buying until later in 2023.
Search
The company is going underground at the A21 open pit, a move that will help extend the mine’s life into early 2026.
New regulations could block the pathway that allows diamonds cut and polished outside of Russia to enter the United States.
Experts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.
The increase reflects continued demand for diamond jewelry and for “provenance-assured” goods.
A radioactive capsule is lost and found, Lowe’s gets into the jewelry game, 10 pieces of amethyst jewelry for February, and more.
A government official said search crews “found the needle in the haystack” when they located the capsule belonging to Rio Tinto along an 870-mile stretch of road.
The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.
Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.
“Once-in-a-century” floods have devastated the region, once home to the Argyle mine.
Yogo Mine in Montana, which produces the popular Yogo sapphires, was dormant for nearly four decades.
Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018.
According to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.
Said to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.
Liqhobong has been in a care-and-maintenance period since the start of the pandemic.
The company announced the resignation of Peter Ravenscroft late last week, effective immediately.
Senior Editor, Gemstones, Brecken Branstrator shares takeaways from her second trip to Tanzania and Kenya.
It’s due to higher-grade ore at Orapa in Botswana and in South Africa, as well as “continued strong performance” in Namibia.
It’s the largest pink diamond found at the Lesotho mine to date, according to Storm Mountain Diamonds.
Cleaver, who has headed De Beers Group for more than six years, will be replaced by energy executive Al Cook.
Arctic Canadian unearthed a 71-carat yellow diamond, while Mountain Province reported discovering a nearly 152-carat stone at Gahcho Kué.
The winners, picked by a group of judges and voted as the public’s favorite, will be announced in a webinar on Oct. 11.
Burgundy also announced the retail launch of its diamond brand, Maison Mazerea.
The Maine Mineral & Gem Museum enlisted 12 jewelers to create pieces using gems from 1972’s “The Big Find” for fundraising.
Mined by Fura Gems in Mozambique, experts say the stone could yield a high-quality ruby that’s over 50 carats.