Russian miner Alrosa has caught an employee allegedly exchanging low-value diamonds for more expensive ones, which, together with accomplices, she then sold to Armenian smugglers. Following an ...

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, ...

Gemfields will inaugurate a second ruby-processing plant at its Montepuez site in September, expecting to triple the mine’s overall ore capacity. The company’s new facility in Mozambique will increase ...

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 ...

A Graff diamond ring was the top seller at a recent Sotheby’s jewelry sale in New York, where it brought in $3.2 million. The ring features an emerald-cut, 35.01-carat, D-color, VVS2-clarity, type IIa ...

The Israel Diamond Exchange (IDE) has closed its trading floor and will be operating in “emergency mode” after the country’s conflict with Iran kicked off late last week. Only essential services will ...

Group revenue at Chow Tai Fook fell 18% for the full fiscal year amid escalating gold prices and waning consumer demand for luxury goods. Sales declined to HKD 89.66 billion ($11.42 billion) for the ...

The synthetic diamond gumball exhibit. (David Legreve/AWDC) The marketing conundrum . Rentmeesters believes something slightly shocking and a bit viral, like the gumball machine ploy, is what’s really ...

Representatives from the Angolan ministry of minerals formed collaborations with diamond groups and companies at the World Federation of Diamond Bourses (WFDB) confab in New York. During the meetings, ...

Anoop Mehta has joined the board of the International Gemological Institute (IGI) as its new chairman and independent director. Mehta has over 50 years of experience in the Indian and global gem and ...

The Gemological Institute of America (GIA) recently examined one of the largest cultured pearls originating from saltwater. The semi-baroque pearl was recently submitted to the GIA’s laboratory in New ...