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 ...

De Beers Group has introduced a new jewelry initiative as well as a branded polished-diamond line aimed at increasing consumer demand for natural diamonds and reinforcing their provenance. The company ...

The Gemological Institute of America (GIA) has updated the terms it will use to describe lab-grown on reports, to distinguish them further from natural diamonds. The new nomenclature will use ...

President Duma Boko has called for every diamond from Botswana’s mines to remain in the country for manufacturing, signaling a major policy shift, according to a local report. “We are moving to a ...

A pair of earrings by Gyan Jaipur. (Gyan Jaipur) Marco Hadjibay points to the investment market as a reason consumers are choosing gems over diamonds. “Consider an individual who might have bought a D ...

FoundRae . 777 Madison Avenue . Opened: October 2024 . Since launching a flagship store in Tribeca in 2018, FoundRae founder and creative director Beth Hutchens has added a second location in central ...

Mouawad toi et moi ring with a 5.03-carat, fancy-intense-blue diamond and 5.13-carat, fancy-purple-pink diamond, which sold at Bonhams in 2024 for just under GBP 3 million ($3.8 million). (Bonhams) ...

In late March, a trio of industry groups — the World Jewellery Confederation (CIBJO), the American Gem Trade Association (AGTA), and the International Colored Gemstone Association (ICA) — issued a ...

After years of fighting for a broader definition of the term “conflict diamond,” the World Diamond Council (WDC) says it finally has new wording it believes will attract a consensus. The current ...

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 ...