Latest News

Workers at the Venetia underground mine in South Africa owned by De Beers image

Mining Union Condemns Potential De Beers Layoffs at Venetia

Company plans to pause production at its South African deposit for two years.
A Luk Fook store in China image

Gold Spike Bumps Up First-Quarter Sales at Luk Fook

Group revenue grows 32% as China and Hong Kong see strong results.
A Chow Sang Sang store in Hong Kong image

Chow Sang Sang Revenue Rises as Gold Jewelry Demand Holds Steady

Retail sales value up 16% in second fiscal quarter.
De Beers’ Global Sightholder Sales office in Gaborone, Botswana image

Anglo Picks Gareth Penny-Led Consortium as Top De Beers Bidder – Reports

Sale likely to be finalized by the end of 2026, official says.
A woman at a shopping mall image

US Retail Sales Get Boost from Summer Shopping

Consumer spending up 0.2% to $768.6 billion for June.

Market Comment: July 16, 2026

1 ct. demand picking up and supply falling, but prices not recovering.
(Left to right): Arien Gessner and Moss Makhoulian portraits

Richline Names Two Additions to Its Executive Team

Company promotes Arien Gessner to chief revenue officer and Moss Makhoulian to senior vice president of supply chain and operations.
Rough diamond sorting at Alrosa image

Alrosa Achieves Carbon-Neutral Status for Its Operations and Diamonds

2025 marks second consecutive year the Russian miner has received the certification.
A Cartier store in Beijing, China image

Strong Jewelry Segment Boosts Richemont Sales in First Quarter

Revenue for division up 21%, with growth in all regions.
The Ekati mine by Burgundy Diamond Mines image

Ekati Deposit to Close as Buyers Fail to Step Up

Owner Burgundy Diamond Mines will run out of money by July 17, according to legal filings.

Featured