Diamond billionaire Beny Steinmetz has lost the latest round of a legal battle with Brazilian mining giant Vale. He challenged an order by a US court to comply with discovery requests relating ... Read More..

A debut tender by newly-established Gem Auctions DMCC sold 120,000 carats of rough for over $57m. The company, founded by mining veteran Alan Davies, said it was "the largest... Read More..

A former employee claims she was unfairly fired by Sterling Jewelers - part of the Signet group - after allegedly suffering workplace gender discrimination and sexual harassment... Read More..

The diamond industry is healthier than it has been for several years, said Canadian miner Lucara today, as it forecast revenue of $185m to $215m next year. It expects to recover and sell 300,000 to ... Read More..

The Indian government says all trade in rough diamonds must now be regulated by the Gem & Jewellery Export Promotion Council (GJEPC) for Kimberley Process compliance... Read More..

De Beers today reported provisional rough sales of $430m at its ninth sight of the year. That's down almost 13 per cent on the previous sight, largely because of the extended Diwali closures ... Read More..