ICA's New CEO Faces Insdustry Challenges
June 29, 26
The International Colored Gemstone Association (ICA) has appointed Brandee Dallow as its new Chief Executive Officer, effective July 6, 2026. The association represents nearly 700 industry leaders from 47 countries. Read More...
Milestone Tender Opens Market to DRC Miners
June 18, 26A sale of rough diamonds from the Democratic Republic of Congo (DRC) in Antwerp today (18 June) broke a decades-old pattern which locked artisanal miners out of the international market. In what is billed as a world first, a small parcel of diamonds from ... Read More...
Record Profits for Chow Tai Fook
June 18, 26Chow Tai Fook reported record-high profits for fiscal year 2026, even as the latest quarter showed weakness in mainland China. Revenue for the 12 months to 31 March 2026 was HK$94.4 billion (US$12.1 billion), up 5.3% from the previous year.... Read More...
Employee "Stole and Pawned $150,000 of Jewelry"
June 18, 26A former employee allegedly stole goods worth $150,000 from the jewelry store where she worked and pawned them at shops across South Florida, USA. Investigators suspect Zabrina Herrera Acosta, 46, of exploiting a blind spot in the security camera ... Read More...
De Beers Sale could be "Weeks Away" says CEO
June 17, 26The sale of De Beers may be just weeks away, according to CEO Al Cook - ending more than two years of uncertainty for Anglo American's loss-making diamond company. Divestiture is "closer than it has ever been," he told the Reuters NEXT... Read More...
Memo by John Jeffay
June 19Putting a price on some of the world's most valuable fancy color diamonds is a tricky business. "You could probably count on one hand, maybe two hands, those people that are members of the trade of fancy color diamonds that could pick up a fancy color diamond.... Read More...