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Sarine’s Deficit Widens More Than 20-Fold in First Half

Company records loss of $3.5 million versus $166,000 in 2025.
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Alrosa Skids to Loss as Weak Diamond Demand Persists

Miner posts deficit of $129.7 million in first half.
A Tanishq store in India image

Strong Holiday Demand Buoys Titan’s Jewelry Revenue

Sales from category up 30% year on year in first fiscal quarter.
Rough diamonds image

Union Blocks Ekapa Diamond Mine Liquidation

Company will instead enter business rescue per Kimberley High Court.
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Pandora Appoints Ex Walmart Top Exec as CFO

Paulo Garcia will take over from Anders Boyer, who is retiring.
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Lucara Revenue Falls as Average Price of Small Stones Drops

Sales down 6% in second quarter.
The ore conveyor belt at the Finsch mine image

Petra to Sell Finsch Mine After Failing to Find a Restart Option

Any money assets yield will go toward repaying creditors.
A Brilliant Earth showroom in New York image

Brilliant Earth Returns to Profit as Sales Value Rises

Company also raised its guidance for the full year.

Market Comment: August 6, 2026

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India Proposes Tax Exemption for Overseas Rough Sellers

Reforms could help country compete as trading center.

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