News

State-owned diamond miner Endiama financed the construction of a university campus in the province of Lunda-Norte, Angola, which launched last week. The company invested over $69 million in the ...
De Beers is carrying out substantial layoffs in its trading department as the diamond giant continues to respond to the market downturn.
Sarine Technologies has signed an agreement to purchase a stake of just over 33% in Kitov.ai, completing a deal it announced in February.
Jewelry consultant Megan Crabtree discusses ways to improve sales and the customer experience, from data to artificial intelligence (AI).
US retail sales rose in July as consumers took advantage of special summer deals ahead of the higher tariff rates.
Rough-diamond shipments into some of the most important trading centers surged in July, raising questions about the state of the market.
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway conglomerate rose in the second quarter.
Industry veteran Dev Shetty has purchased Lucapa Diamond Company and all of its assets through his Dubai-based conglomerate Gaston International DMCC. Gaston is part of Shetty’s Jemora Group, which ...
Jonathan Waecker will join Michael Hill as CEO, succeeding interim chief Andrew Lowe, after the sudden death of former chief Daniel Bracken.
De Beers has found its first new kimberlite deposit in more than 30 years while exploring a site that’s part of its venture with Endiama.
Bonas Group will offer $90 million in rough diamonds from various countries in four simultaneous tenders in Antwerp. The sales, which will take place during the first week of September, will consist ...
Indian diamond manufacturer Asian Star saw sales decline in the first fiscal quarter, due to weakening demand for diamonds.