Botswana President Duma Boko announced that the country was close to finalizing a new agreement with De Beers, with only a few minor issues left to resolve. Speaking to Reuters at the World Economic ...

Diamond prices have gone up and down through the decades. Recent years have seen increasing turmoil and fluctuation in prices due to the impact of synthetics, the Covid-19 pandemic, a slowdown in ...

Find out what business opportunities Dubai has to offer, see the growth and the expansion of the business world in Dubai. Follow Martin Rapaport’s interviews with Dubai’s most important and ...

Revenue from the Ekati deposit’s rough production fell during the fourth quarter as demand for lower-quality rough waned, according to owner Burgundy Diamond Mines. Sales from the Canadian mine ...

The news at last week’s De Beers sight was what soccer fans might call “off the pitch.” The sale itself was uneventful. The miner left rough prices unchanged at the first cycle of the year after ...

Diamcor Mining has received an investment from a Dubai-based diamond manufacturer that will allow it to advance various projects at its South African operation. The mining company, which operates the ...

Two people have died in an armed heist in which robbers stole diamonds from Namdia Desert Diamonds, a sales and marketing company the Namibian government owns. Intruders broke into the Namdia premises ...

Lawrence “Larry” LeVian, described as a “visionary” leader in the jewelry industry, died last week at the age of 74. LeVian was the chairman of the family-owned business Le Vian, of which he and his ...

De Beers has chosen Botswana’s first Olympic gold medalist, Letsile Tebogo, as its global ambassador. Tebogo will lead an initiative that honors Botswana’s diamond heritage through a collaboration ...

Revenue at Mountain Province fell in 2024 as a slowdown in demand resulted in weak rough prices. Sales of rough from the Gahcho Kué mine in Canada fell 20% to $195.2 million last year amid a ...

Poor results at the US’s largest diamond retailer reflected a fragmented and changing market rather than a crisis in consumer demand. Signet Jewelers’ disappointing holiday results had a dampening ...

The Fancy Color Research Foundation (FCRF) has named Roy Safit as its new CEO, to succeed Miri Chen. Safit took up the position on January 1, the foundation said Monday. He will focus on directly ...