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Alrosa Production Drops Nearly 5% in 2024 |
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Russian miner reduced output to 33 million carats amid sanctions, waning demand for rough, and low prices.
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EU Approves $84M Grant for Diamond Foundry Factory |
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Facility in Spain will focus on production of semiconductor-grade rough.
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US Retail Sales Rise in November Amid Strong Holiday Shopping |
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Figure up 0.7% to $724.6 billion for the month.
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Super Saturday Shopper Count Set to Surge |
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National Retail Federation expects strong final weekend before Christmas.
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Burgundy Reports Increased Demand for Mid and Large Rough Categories |
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Company garners $93 million from two sales in October and December.
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Lucara Names 2,488ct. and 1,094ct. Rough Diamonds |
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Larger stone is called Motswedi, Setswana for a water spring that gives life, while the other is Seriti, which means aura or presence.
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Top Lots Go Unsold at Sotheby’s Hong Kong Jewelry Auction |
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Blue-diamond ring valued at up to $6.4 million among a number of items that failed to find buyers at Important Jewels sale.
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Tiffany Reclaims Historic Titanic Timepiece for Record-Breaking $2M |
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Pocket watch is highest-valued piece of memorabilia from sunken boat.
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Christie’s Gets Glittering Results from Diamonds Offered Without Reserve |
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Three top pieces all exceed estimates at December 12 Jewels Online sale.
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Bulgari Diamond Ring Tops $9M Doyle Jewelry Auction |
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Piece fetches $1.2M against high estimate of $500,000.
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