The US Customs and Border Protection (CBP) seized five shipments carrying nearly 2,200 pieces of counterfeit jewelry valued at over $25 million. The first packages customs confiscated in Louisville, ...

US retail sales fell in May compared to the previous month as consumers slowed down on stocking up ahead of tariffs. Revenue slid 0.9% month on month — adjusted for seasonal variation — to $715.4 ...

Botswana President Duma Boko had to try twice to inject some energy into a sleepy audience at the annual World Federation of Diamond Bourses (WFDB) gathering in New York. It was the morning after the ...

Botswana President Mokgweetsi Masisi paused for a moment after stepping up to the podium to address the annual Natural Diamond Summit in Gaborone. As he looked through the marquee venue, aptly known ...

The US has placed tariffs of 10% on imports from all countries and higher duties on India, prompting concern and uncertainty in the diamond and jewelry industry. US President Donald Trump announced ...

The diamond industry is undergoing a significant and transformative shake-up. With a major dip in natural-diamond prices, many companies have either diversified their operations to include both ...

Bruce Cleaver had a very focused “to do” list when he took over as De Beers CEO in July 2016. Having previously worked on strategy and business development at the company, as well as at parent Anglo ...

De Beers has unveiled its sales schedule for the coming year, with plans to hold the usual 10 sights across the 12-month period. The miner sells most of its rough to sightholders through a contract ...

Rough diamonds above 5 carats were in tight supply at this week’s sight, customers reported, with explanations ranging from production cuts to De Beers’ strategy of withholding supply. The February ...

Burgundy Diamond Mines will work directly with manufacturers, traders, jewelers and luxury brands to make direct deals for the sale of rough diamonds from its Ekati mine in Canada. The collaborations ...

Two people have died in an armed heist in which robbers stole diamonds from Namdia Desert Diamonds, a sales and marketing company the Namibian government owns. Intruders broke into the Namdia premises ...

The Aga Khan brooch achieved $8.8 million at a recent Christie’s sale in Geneva, beating its upper estimate and setting a world record for the most expensive emerald sold at auction. The brooch, which ...