Tariffs Upset Diamond Pipeline, Leading Sarine to Loss 

Temporary pause in scanning stones contributes to lower revenue and a $100,000 deficit in first quarter.

Pink Diamond to Headline Phillips New York Auction

Ring carries an estimate of up to $1.6 million at June 12 sale.

JBT Names Andrew Rickard as President 

The industry veteran will succeed Erich Jacobs, who is stepping down after six years.

Consumers Favor Jewelry Featuring Birthstones, Survey Finds 

Despite price spike, 50% of participants prefer gold, regardless of its color.

Lower-Quality Diamonds Dent Petra Revenue

Sales fall 13% to $41.6 million in third quarter.

High-Value Lulo Mine Up for Grabs as Lucapa Enters Administration

Company undergoing “urgent assessment” of assets and operations.

393ct. Sapphire and Marie Antoinette-Related Pink Diamond Top Christie’s NY 

Two lead items expected to fetch up to $17 million combined.

India Bought Heaps of Rough – and Then the Tariffs Hit 

Shipments into the country spiked in March and April as sentiment improved. Manufacturers might be regretting it now. 

Colored Diamonds to Steal Spotlight at Sotheby’s New York

Fancy-pink diamond estimated at up to $2 million, while blue has $1.8 million upper price.

NY Dealer Accused of Stealing Millions in Diamonds from Indian Supplier 

Edward St. Mary III is charged with one count of wire fraud, carrying a maximum sentence of 20 years in prison.

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