Market Comment – Jan. 23, 2025 January 23, 2025 News: US seasonally slow. Steady demand for round, 0.30 to 0.69…
India Eases Import Duty for Small Diamonds January 23, 2025 Limited exemption applies to natural polished under 0.25 carats. Financial
New Auction House Set to Highlight Colored Gemstones January 23, 2025 Jemora Gemhouse is the brainchild of former Gemfields COO and Fura Gems CEO Dev Shetty. Gemstones
Global Luxury Spending Contracts as Jewelry Remains a Bright Spot January 23, 2025 Market dips as consumers grapple with macroeconomic uncertainty, shelling out less on discretionary items. Industry
Lesotho Debuts Manufacturing Association January 22, 2025 Organization aims to transform country into leading diamond hub. Industry
Video Podcast: De Beers and the Future of Diamonds January 22, 2025 Eyal Axelrod of consultancy Lexa International analyzes the supply chain. Industry
Petra Offloads Williamson Mine Amid ‘Liquidity Challenges’ January 22, 2025 Company had previously sold just under 50% of deposit. Mining
WFDB Denies It’s Affiliated with Asian Bourse January 21, 2025 Group raising funds for diamond exchange made the assertion, according to organization. Industry
Petra Reduces Price Forecast Again Amid Market Weakness January 21, 2025 Miner now expects rough from Finsch deposit to generate between $70 and $80 per carat, rather than the $80 to $90 it forecast in December. Mining
FCRF Appoints Roy Safit as CEO January 21, 2025 New chief succeeds Miri Chen in the role. Appointments