Ekati Owners File for Insolvency Protection
May 04, 26
Owners of the Ekati diamond mine in Canada's Northwest Territories have filed for insolvency protection, just months after agreeing federal loans worth up to CAD 175 million (USD 128 million). Arctic Canadian Diamond Company (ACDC), a subsidiary... Read More...
Jwaneng 28.88 Sells for $2.7m
May 04, 26The Jwaneng 28.88 sold for HKD 21 million (USD 2.7 million) at Sotheby's Hong Kong, just shy of its HKD 22 million (USD 2.8 million) high estimate. The unmounted 28.88-carat round brilliant internally flawless D color, Type IIa diamond was recovered... Read More...
Steep Rise in De Beers Rough Production
May 03, 26e Beers says rough diamond production increased by 17% in the first three months of 2026, to 7.1 million carats. The increase was largely driven by the release of stockpiled ore at Gahcho Kue, in Canada, (up 163%) and higher underground volumes at... Read More...
.jpg)
Record $2m Paid for 1987 Cartier Crash
May 03, 26A Cartier watch from 1987 sold at auction for almost $2 million, smashing its high estimate and setting a new record for the 179-year-old company. The yellow gold "melted" oval Cartier Crash realized HKD 15,616,000 ($1.994 million) at Sotheby's.... Read More...
Jewelry Crime More Sophisticated and More Violent, says JSA
April 30, 26Crime cost US jewelers $144.7 million in 2025, as raiders employed increasingly sophisticated techniques, used more violence and stole more per robbery. There were two homicides, during the year, said the Jewelers' Security Alliance (JSA) in its Annual Crime... Read More...
Memo by John Jeffay
April 30Blue diamonds are rare, green diamonds are rarer still. But diamonds with both a blue and a green hue are virtually unheard of. That's why the upcoming auction of the 5.50-carat fancy vivid blue-green Ocean Dream at Christie's Geneva next month is... Read More...