Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...

Zambia has repealed the 15% export duty on all previous gemstones and metals it reintroduced without warning only last month, amid uproar from the industry. The levy, which had not been in effect ...

Importers will not need to submit proof of a diamond’s country of mining when registering shipments to the US but should keep the right documentation for inspection, according to guidance the Jewelers ...

Kirit Bhansali will become chair of the Gem & Jewellery Export Promotion Council (GJEPC), where he intends to advance his vision of transformative growth for India’s diamond industry. Bhansali — who ...

After nearly five years at the helm of De Beers’ jewelry business, Céline Assimon will leave the company at the end of the month. Assimon left Swiss luxury jeweler De Grisogono to join the miner as ...

New import requirements caught the US industry off guard, David Bonaparte, president and CEO of Jewelers of America (JA), tells the Rapaport Diamond Podcast. In the latest episode, Bonaparte reflected ...

“You’re going to have a very hard time marketing purely through tradition,” were the first words I heard when I spoke to Dave Marcotte about what the natural-diamond industry needs to do to appeal to ...

De Beers and the Botswana government have concluded their negotiations over a new sales agreement for rough diamonds after more than five years of discussions. They haven’t signed yet: Bogolo ...

The cousin of Qatar’s ruler cannot force a fellow member of the royal family to sell him the Idol’s Eye, a 70.21-carat blue diamond that is worth millions, according to the London High Court. In a ...

The US subsidiary of Brink’s has agreed to pay $42 million over three years as part of agreements with two government entities to resolve money-laundering investigations. The DOJ agreement settles ...

US retail sales fell in January as demand slowed after the holiday season, with cold weather and wildfires likely contributing to the decline. Revenue slid 0.9% — adjusted for seasonal variation — ...

The National Union of Mineworkers (NUM) has taken Petra Diamonds to task over its decision to fire more than 200 employees in a cost-cutting measure. “This decision is unacceptable, as it will have ...