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Latest News & Stories

Farewell Sale: Biggest Ever Argyle Pink goes to Virtual Buyer

The final tender of Argyle pink diamonds delivered the most significant "record breaking results" in the mine's 38-year history, Rio Tinto said yesterday. It declined to disclose prices paid for ... Read More..

Dim Thieves Discard Diamonds worth $11,000

Thieves targeting passengers on a train in India discarded diamonds worth over $11,000 as fakes, say police. The stole purses containing the valuables from two women traveling on the Howrah... Read More..

High-Value Gems Boost Petra Sales

Petra saw revenue from its three South African mines rise by 48 per cent in the first fiscal quarter (Q1 FY 2022). It was boosted by the sale of three extremely high-value stones for over $50m... Read More..

Out of this World: Jeweler Launches "Space Diamonds"

A US jeweler is to sell diamonds that have been sent into space. Dianna Rae Jewelry has arranged with NASA for a first-ever batch of mined and lab grown gems to be included in a mission to... Read More..

Diamond Shortage could last for Years, warns Alrosa

The current shortage of rough diamonds could persist for several years, Alrosa's deputy CEO warned this week. "Our industry will work with limited supply," Evgeny Agureev told the Financial ... Read More..

Gem Auctions Offers $50m of Rough at Debut Sale in Dubai

Over $50m of rough diamonds will be offered for sale at a debut event by the newly-established Gem Auctions DMCC in Dubai. The company was founded by veteran Alan Davies, CEO diamonds... Read More..