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Mining
Petra Reduces Price Forecast Again Amid Market Weakness
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.
January 21, 2025
Leah Meirovich
Appointments
FCRF Appoints Roy Safit as CEO
New chief succeeds Miri Chen in the role.
January 21, 2025
Suzanne Watkin
Shows
Retailers Restock at Vicenzaoro January Amid Strong Gold Prices
Italian show sees robust attendance from leading companies, including Macy’s and Ben Bridge.
January 21, 2025
David Brough
Retail
Signet, Synthetics, and a Complex Holiday Season
Poor results at the US’s largest diamond retailer reflected a fragmented and changing market rather than a crisis in consumer demand.
January 20, 2025
Joshua Freedman
Rapaport Press Release
RapNet Launches Gemstone Trading Network in Collaboration with AGTA
Platform will officially launch at the AGTA Gem Fair in Tucson on February 3.
January 20, 2025
Rapaport News
Retail
Luk Fook Sales Decline Slows Amid Move to Minimize Diamond Offerings
Third-quarter revenue down 6% year on year, an improvement from first half.
January 20, 2025
Leah Meirovich
Industry
Belgian Diamond Sector Seeks Government Support
AWDC asks for help in procuring bank accounts, work visas and other assistance for international players.
January 20, 2025
Suzanne Watkin
Industry
Armed Robbers Kill Security Officer, Steal Diamonds at Namdia
Two suspects are still on the run, while one is in custody and another is dead.
January 20, 2025
Leah Meirovich
Industry
Jameel Mohammed Wins Tiffany Jewelry Design Award
Prize is $50,000 and one-year paid fellowship at retailer.
January 19, 2025
Suzanne Watkin
Auction
Jewelry Set to Shine at First Sotheby’s Auction in Saudi Arabia
More than 100 items, including handbags, artwork, sports memorabilia and watches, will go under the hammer on February 8.
January 19, 2025
Marni Davimes Weinbaum
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Featured
Russia Largest Rough Producer by Value in 2025 for Third Year
Country overtook Botswana in 2023.
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