The near-empty Surat Diamond Bourse (SDB) is hoping the arrival of around 40 lab grown traders will signal a change in its fortunes. The vast new center, recognized by Guinness World Records as the largest office building in existence... Read More..

A collection of jewelry owned by the late Senator Dianne Feinstein sold for over $500,000 in the Legacy of a Stateswoman auction at Bonhams in Los Angeles. That's more than three-and-a-half times the pre-sale estimate. The entire sale... Read More..

Over 300 workers at the RZM Murowa diamond mine, in Zimbabwe, have gone on strike after two months without pay, according to local media reports. The company has been operating at full capacity, but has failed to provide workers with... Read More..

The supply of natural diamonds globally has peaked, Moses Madondo, CEO of De Beers group managed operations, told a conference in South Africa. Production is declining, with a number of mine closures on the horizon, he said, but no new ... Read More..

Jewelry businesses stand at a crossroads and must evolve to face new consumer challenges, says a new report by consultants Hill & Co. Its 29-page Breaking The Chain, available for free online, identifies five key takeaways for businesses facing... Read More..

Rolex has reported a healthy rise in sales and profit in the UK for 2023, despite economic challenges. Revenue for the year to 31 December 2023 in its fifth biggest market was a record $895m (£685m), a 13 per cent increase on the previous year ... Read More..