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Mining
Petra Cuts Jobs, Rough-Price Expectations as Market Remains Weak
Like-for-like figures down 7% from previous tender across most size categories.
December 22, 2024
Leah Meirovich
Rough
Alrosa Production Drops Nearly 5% in 2024
Russian miner reduced output to 33 million carats amid sanctions, waning demand for rough, and low prices.
December 19, 2024
Leah Meirovich
Rough
Lucara Names 2,488ct. and 1,094ct. Rough Diamonds
Larger stone is called Motswedi, Setswana for a water spring that gives life, while the other is Seriti, which means aura or presence.
December 18, 2024
Leah Meirovich
Auction
Top Lots Go Unsold at Sotheby’s Hong Kong Jewelry Auction
Blue-diamond ring valued at up to $6.4 million among a number of items that failed to find buyers at Important Jewels sale.
December 17, 2024
Leah Meirovich
Mining
Burgundy Reports Increased Demand for Mid and Large Rough Categories
Company garners $93 million from two sales in October and December.
December 17, 2024
Leah Meirovich
Auction
Christie’s Gets Glittering Results from Diamonds Offered Without Reserve
Three top pieces all exceed estimates at December 12 Jewels Online sale.
December 16, 2024
Leah Meirovich
Legal
,
Sanctions
US Sanctions Diamond and Jewelry Companies Involved in Gold Smuggling
Businesses tied to Kamlesh Pattni, some of which operate in Dubai’s DMCC, are included in list.
December 12, 2024
Leah Meirovich
Auction
Ruby Ring Smashes Estimate Following Bidding Battle at Sotheby’s
Piece fetched $5.5 million against a $2 million upper price tag.
December 12, 2024
Leah Meirovich
Auction
Bonhams New York Jewelry Sale Brings In over $4M
Heart-shaped, 10.22-carat diamond pendant takes top spot, going for $343,400.
December 11, 2024
Leah Meirovich
Auction
Blue Diamond Is Star of Christie’s Sale with Nearly $9M Haul
Some 97% of lots found buyers at December 10 New York Magnificent Jewels auction.
December 11, 2024
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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