Indian Diamond Manufacturers Cut Production by Around 50%

Factories focus on melee amid slump in demand for larger sizes.

Mountain Province Shifts to Loss as Rough Prices Plummet

Weakened Canadian dollar and mining of lower-grade ore also contributed to deficit.

Surat Might Bend Booze Ban, and This Week’s Other News

Members of the editorial team pick their favorite pieces from the internet.

Chow Sang Sang Expects Profit Slump

Earnings for the first half will likely fall by 33% to 40% amid high gold prices and weak consumer sentiment.

Gem Diamonds Recovers Ninth 100ct.-Plus Rough This Year

Type II stone from company’s Letšeng mine in Lesotho weighs 145.55 carats.

Kiran Gems to Suspend Production for 10 Days

Indian manufacturer extends August vacation amid oversupply.

Indian Consumers Not Into Synthetics, Seek Natural: Titan

While media and movies are driving US demand for larger stones, this isn’t the case domestically, according to jeweler’s managing director.

Petra Postpones First Tender to Limit Diamond Supply

Miner will offer rough from South African operations in October due to weak demand.

Diamond Prices Decline in July

1-carat RAPI down 7.3% for the month.

Famous Abernethy Pearl Makes Its Way to the Sale Block

Scottish freshwater specimen is largest of its kind in living memory to go up for auction.

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