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Technology
Manufacturing Slowdown Dents Sarine Revenue
Full-year sales for 2024 fell 9% to $39.2 million.
February 24, 2025
Leah Meirovich
Mining
Large-Stone Sales Send Lucara Revenue Surging
Miner sold 549-carat Sethunya and 1,080-carat Eva Star diamonds for $54 million in 2024.
February 23, 2025
Leah Meirovich
Rough
Anglo American Slashes De Beers Value by $2.9B
Move puts miner’s recoverable amount at $4.1 billion.
February 20, 2025
Leah Meirovich
Mining
Can Zambia’s Tax Reversal on Emeralds Help Gemfields’ Money Woes?
Country revokes 15% levy it reinstated only last month.
February 19, 2025
Leah Meirovich
Mining
Weak Rough Prices Dent Petra Revenue in First Half
Sales down 45% at fourth tender, with like-for-like figure slipping 6%.
February 18, 2025
Leah Meirovich
Marketing
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.
February 17, 2025
Leah Meirovich
Legal
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.
February 16, 2025
Leah Meirovich
Industry
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.
February 12, 2025
Leah Meirovich
Rough
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.
February 12, 2025
Leah Meirovich
Retail
Jewelry ‘Healthy’ at Kering Despite Difficult Year
Category continued to make progress in 2024, with a particularly strong performance at Boucheron.
February 11, 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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