Stornoway for Sale Again Following Significant Losses

Weak prices and India’s import halt push miner into insolvency.

Martin Rapaport’s Open Letter on Russian Sanctions

Martin Rapaport’s open letter to the European Union.

Weak Market Sends Mountain Province into Red

Miner sold some inventory to joint-venture partner De Beers and is holding remainder in stock.

Lucara Slashes Outlook Following Severed HB Deal

Miner cites market slowdown as additional reason for lower 2023 sales forecast.

Gem Diamonds Sales Slip in Weak Market

Revenue down 45% year on year in third quarter.

Tiffany Unveils Polished from Canada’s Largest Yellow Rough

Jeweler turned 71.26-carat stone into 15- and 20-carat diamonds.

Okavango Pauses Sales in Latest Sign of Rough Slowdown

November spot auction will not take place.

Weak Rough Prices Dent Petra Sales

Revenue down 4% in first fiscal quarter.

Final Prices for Latest Petra Tender Down 17%

September-October trading session ends with total sales of $40.5 million.

De Beers, Sarine Team Up on Diamond-Tracking Solution

The two companies will combine data and resources to create customs portal for G7 countries.

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