The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

Lauren McLemore

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Michelle Graff

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

Michelle Graff

Production at the mine in Canada’s Northwest Territories topped 1 million carats in Q2, the third consecutive quarter of growth.

Michelle Graff

In its inaugural year, the SMO Foundation will focus on supporting two organizations in West Africa and one in South America.

Lauren McLemore

This past year, the manufacturer said it recorded below-zero emissions per carat of natural diamond.

Lauren McLemore

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

Lauren McLemore

The gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.

Lauren McLemore

Following visits to Vegas and New York, Botswana’s minerals minister sat down with Michelle Graff to discuss the state of the diamond market.

Michelle Graff

The large stone will be offered at its June sale along with a selection of secondary-type rubies from a new area of the Montepuez mine.

Lauren McLemore

It was featured in the miner’s latest sale, which brought in $24.8 million.

Lauren McLemore

Sapphires, emeralds, and rubies are finding their place in a U.S. market captivated by the gemstones once referred to as “semi-precious.”

Lauren McLemore

The miner announced plans to recommence open-pit mining at Kagem.

Lauren McLemore

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

Lauren McLemore

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Lauren McLemore

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Michelle Graff

Kenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.

Michelle Graff

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Michelle Graff

The industry is changing as it grapples with new realities around distribution, supply, and the need for consistent, effective marketing.

Stephen Rego

The formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.

Michelle Graff

Sales at the Rio Tinto-owned mine also slid by a double-digit percentage, falling 37 percent in a difficult market for diamonds.

Michelle Graff

The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.

Michelle Graff

As anticipated, Anglo took another impairment charge on the diamond miner and marketer, which saw revenue sink 23 percent in 2024.

Michelle Graff

Petra Diamonds Ltd. CEO Richard Duffy resigned as the diamond miner reported a 30 percent drop in sales to start its fiscal year.

Michelle Graff

Beginning in April, companies importing diamonds into the United States will have to list the country in which the diamonds were mined.

Michelle Graff