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Latest News & Stories

Coronavirus: HourUniverse, Successor to Baselworld, is Postponed

The show that was due to replace the ill-fated Baselworld has been postponed because of the coronavirus pandemic. HourUniverse had been scheduled for 8 to 12 April In Basel, Switzerland... Read More..

Mining Resumes at Ekati, after 10-Month Shutdown

Operations have finally resumed at the Ekati mine, in Canada, 10 months after it was closed at the start of the global pandemic. At the time owners Dominion Diamond Mines warned the 1,800 ....  Read More..

Diamond Scanners Diyora & Bhanderi Raided by Tax Authorities

The offices of diamond scanning firm Diyora & Bhanderi Corporation (DBC) have been raided by the tax authorities in India. Fifty officers scaled the walls to two premises in Surat last ... Read More..

De Beers Poised for Three-Year High at January Sight

De Beers is poised to report the highest sales from a sight in three years, as the diamond industry enjoys a global boom. It could net as much as $600m, well-placed sources have told... Read More..

US Watches and Jewelry: Sales Reach a Healthy Plateau

Sales of watches and jewelry in the US enjoyed a sixth consecutive month of increase in November 2020, according to new Department of Commerce figures. They were up 16.6 per cent year-on-year... Read More..

Steinmetz Sentenced to Five Years for Mining Corruption

Diamond billionaire Beny Steinmetz has been sentenced to five years in jail after a Swiss court convicted him of bribing officials in Guinea for valuable mining rights. He was found guilty of paying ... Read More..