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Mining
Majority Shareholder Bails Out Mountain Province with $20M Loan
Funds will help miner pay off debts to joint-venture partner De Beers.
March 24, 2025
Leah Meirovich
Mining
Petra to Lay Off Nearly 500 Employees, Union Claims
Company to dismiss workers at South Africa’s Finsch and Cullinan mines.
March 20, 2025
Leah Meirovich
Mining
Lucapa Gains Majority Share in Lulo Mine
Following talks with Angolan government, company ups stake to 51% from 39%.
March 20, 2025
Leah Meirovich
Mining
Alrosa to Pause Production at Some Mines
Russian miner will also hold tender for approximately $12 million in special-size stones.
March 19, 2025
Leah Meirovich
Auction
Could This 10ct. Blue Diamond Sell for $30M at Sotheby’s?
Cushion-cut stone hails from the Cullinan mine in South Africa.
March 19, 2025
Leah Meirovich
Industry
EU Considers Retaliatory Tariffs on Imports of US Diamonds and Gemstones
Move is in response to American taxes on European steel and aluminum.
March 16, 2025
Leah Meirovich
Rough
TAGS and Sodiam Sell over $15M in Large Stones at Luanda Tender
All 36 diamonds exceed 10 carats, with seven topping 60 carats.
March 16, 2025
Leah Meirovich
Mining
Strong Rough Prices Boost Gem Diamonds in 2024
Revenue up 10% for full year, while profit more than quintuples.
March 13, 2025
Leah Meirovich
Retail
Drop in Average Sale Value Dents Brilliant Earth Revenue in 2024
Items costing less than $5,000 showed strongest consumer demand.
March 13, 2025
Leah Meirovich
Industry
Rising Lab-Grown Popularity Drives Down Engagement-Ring Spending
For the first time, more than half of couples The Knot surveyed chose synthetic stones.
March 13, 2025
Leah Meirovich
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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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