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De Beers and Botswana Make 10-Year Sales Agreement Official |
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New contract pushes off eventual 50-50 split of diamond share, reserving that for possible five-year extension.
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EU Delays Traceability Rules, Requires Specific Mining Origin on Certs |
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Postponement gives diamond companies more time to prepare, says Antwerp trade body.
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RJC Launches New Standard for Lab-Grown Diamonds and Gems |
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Rules will be voluntary for all members in first year after release, after which they will become mandatory.
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Manufacturing Slowdown Dents Sarine Revenue |
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Full-year sales for 2024 fell 9% to $39.2 million.
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Large-Stone Sales Send Lucara Revenue Surging |
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Miner sold 549-carat Sethunya and 1,080-carat Eva Star diamonds for $54 million in 2024.
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Mountain Province Takes Loans to Keep Business Afloat |
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Miner also updates joint-venture agreement with De Beers for Gahcho Kué deposit.
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Michael Hill CEO Dies Unexpectedly at 57 |
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Daniel Bracken, who had been with the company since 2018, suffered an adverse reaction to medical treatment.
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De Beers Debuts DiamondProof for Rapid In-Store Diamond Testing |
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The device ensures a 0% false positive rate, guaranteeing no synthetics are mistaken for natural, the miner says.
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De Beers Jewellers Rebrands as De Beers London |
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Company also launches new “Portraits of True Brilliance” campaign.
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Michael Hill Sales Stable Amid Holiday Boost |
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Revenue down 0.7% in first half, when higher-value gift-buying mostly offset weak overall demand.
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