Manufacturing Slowdown Dents Sarine Revenue 

Full-year sales for 2024 fell 9% to $39.2 million.

Large-Stone Sales Send Lucara Revenue Surging 

Miner sold 549-carat Sethunya and 1,080-carat Eva Star diamonds for $54 million in 2024.

Anglo American Slashes De Beers Value by $2.9B 

Move puts miner’s recoverable amount at $4.1 billion.

Can Zambia’s Tax Reversal on Emeralds Help Gemfields’ Money Woes? 

Country revokes 15% levy it reinstated only last month.

Weak Rough Prices Dent Petra Revenue in First Half 

Sales down 45% at fourth tender, with like-for-like figure slipping 6%.

Tossing Out Tradition: The New Age of Natural-Diamond Marketing 

As demand hits an all-time low, redefining what today’s consumers are looking for is a must for brands that want to attract new generations.

Qatari Sheikh Loses Battle over Right to Buy 70ct. Blue Diamond 

Cousin of country’s ruler cannot force another member of the royal family to sell him the Idol’s Eye for $12.6 million.

Namdia Suspends CEO and Other Executives over Diamond Heist 

Namibia sales-and-marketing company is conducting an internal investigation into the events leading up to the crime.

Lucara Pulls In $54M from Sale of Two Massive Diamonds 

Miner recovered 549-carat Sethunya in 2020 and 1,080-carat Eva Star in 2023.

Jewelry ‘Healthy’ at Kering Despite Difficult Year 

Category continued to make progress in 2024, with a particularly strong performance at Boucheron.

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