Why would anyone invest millions of dollars reopening a diamond mine when other mines are closing, suspending operations or cutting production, when prices are weakening, when demand is under pressure, and when the outlook for the industry is, to say the... Read More...

Petra Diamonds started life in 1997 as a small diamond exploration company. It went on to acquire five former De Beers mines, extracted considerable value from them and became one of the world's largest independent diamond producers, reaching a peak... Read More...

There's a critical lesson to be learned from a diamond scandal currently unfolding in Vietnam. And it's the importance of customer confidence. In case you missed the big news from Ho Chi Minh City, here's what happened: PNJ (Phu Nhuan Jewelry) ... Read More...

Al Cook says diamond prices are starting to rise. Is he right? "In the last few months, we've seen the price stabilize and begin to grow," said the De Beers Group CEO said in Beijing last week. The headline numbers still look like a market in retreat.... Read More...

Life is full of contradictions, and the truth is often more nuanced than the headlines suggest. Two lab grown developments reported in recent days appear to point in opposite directions. The first was in India, where home minister Amit Shah said the market... Read More...

Diamonds are ancient - billions of years old, known to mankind for millennia and found in deposits across the six continents of Africa, Asia, Europe, North America, South America and Australia. Paraiba tourmaline is a very different story. It's an exceptionally... Read More...

Diamond thefts have a habit of repeating themselves. A bit like history. I'm thinking of two stories in the news this week that have clear parallels in recent years: a brazen museum heist in Vienna and an audacious gem-switch in Singapore. On August 28... Read More...

We've all read about lab grown diamonds being passed off as natural stones, being cut as an exact match, with the same inclusions and even bearing what appears to be a genuine inscription. So much for polished stones. Now it seems bad actors are trying it ... Read More...

The world's second-biggest rough diamond has, finally, found a buyer. The discovery in August 2024 of what is now known as the Motswedi diamond, at Lucara's Karowe mine, in Botswana, grabbed headlines far beyond the diamond media. At 2,488 carats ... Read More...

India's domestic jewelry market is no longer just a story about gold. Yes, gold-buying occasions in the Hindu calendar, along with the important wedding seasons, are still major drivers of demand. But there is a distinct shift away from traditional heavy,... Read More...