Diamonds Do Good Announces 2024 Grant Winners 

13 entrepreneurs received $5,000 to $20,000 to scale their businesses.

Pomellato Purchases Valenza Setting Lab 

Company aims to increase manufacturing capability and expand internationally.

Russia Overtakes Botswana for Rough-Production Value in 2023 

Country records $3.6 million in output despite weak market and sanctions.

Mörsel to Continue as AWDC Board President 

Ravi Bhansali, managing director of Rosy Blue, will be second in command.

Podcast: Changes in America’s Diamond Industry

Jeff Loots of Henri Daussi discusses the state of the wholesale market.

Synthetics Organization Hires Sustainability Chief 

Stanley Mathuram is the former vice president of SCS global services.

Hong Kong Recovery Boosts Luk Fook Revenue, Profit 

Sales up 28% year on year as gold demand soars.

Dev Shetty Steps Down as Fura Gems CEO 

Board of directors will oversee all decisions until position is filled.

Petra Expects 22% Rise in Output over Next Five Years 

Production to total more than 3.4 million carats by fiscal 2029 amid mine expansions.

Jewelry Ranks Top of Luxury Performers – Bain 

Category strong in both upper and lower tiers of segment.

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