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Diamond Prices Drop in Slow Market |
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1-carat RAPI down 2.3% in January.
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‘Unclear’ US Diamond Rules Signal Move to Traceability |
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New requirements to state “country of mining” leave a lot of unanswered questions.
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De Beers Confirms Successful Conclusion to Botswana Negotiations |
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Parties will sign agreement after final government approval, until which the terms of the existing contract will remain in place.
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Anglo American ‘Likely’ to Devalue De Beers Again |
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Parent company slashes diamond miner’s production plan by 10 million carats.
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Melanie Grant Steps Down as Executive Director of the RJC |
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Vice chairman John Hall will once again take over until a new head can be found.
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Strong Holiday Demand Boosts Pandora Revenue |
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Figure up 11% year on year in fourth quarter.
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Rising Outbound Tourism Hits Hong Kong Luxury Sales in December |
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Revenue from jewelry, watches, clocks and valuable gifts down 14% year on year.
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China, Hong Kong Downturn Sends Swatch Sales Sliding |
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Sharp revenue decline in key region contributed to 15% overall drop for 2024.
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India Removes Import Tax on Lab-Grown Diamond Seeds |
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Government also cuts duties on platinum and jewelry parts.
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Blockade at Lulo Mine Disrupts Diamond Production |
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Community leaders have created barriers at all site entrances and made a “series of unreasonable demands,” according to Lucapa.
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