India extends import curbs as Surat shuts again
Indian trade bodies have recommended continued limits on rough-diamond imports in July, with a fresh weeklong shutdown of the Surat cutting sector adding to concerns about the market.
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The company that owns the Cullinan mine is up for sale
Saddled with hundreds of millions of dollars in debt and facing a diamond market hobbled by COVID-19, miner Petra Diamonds has put itself up for sale.
29-Carat D-Color diamond breaks online auction record
The largest D-color diamond to be auctioned via the internet is now the most expensive jewel ever sold at an online-only auction.
Tiffany to donate $2M to communities affected by COVID-19
As Tiffany & Co. reopens stores around the world, it’s giving back to some of the most vulnerable communities impacted by the pandemic.
Buyers snub De Beers and Alrosa over high prices
De Beers and Alrosa continued to see rock-bottom sales in June as buyers rejected the miners’ high rough prices in favor of cheaper goods from smaller suppliers.
Eira Thomas confident Lucara can navigate crisis
The diamond mining sector has been hard hit by the coronavirus crisis. There has been a significant drop in demand — when rough sales could even take place — forcing miners to reconsider their production programs for 2020. However, Lucara Diamond Corp. appears cautiously confident that it has the balance sheet, the sales platform, and […]
Gem Diamonds recovers 163ct yellow diamond
Gem Diamonds has recovered a 163 carat yellow type 1 diamond at its Letšeng mine, in Lesotho.
Lightbox offering higher-carat product
De Beers’ widely watched lab-grown diamond brand, Lightbox, is now offering 2 ct. t.w. diamond studs, exceeding its traditional price-point ceiling of $1,000.
GIA New York laboratory to reopen June 29
As New York goes through its phased reopening, the Gemological Institute of America (GIA) announced that it will open its New York City identification and grading laboratory on Monday, June 29.
Ben Chavis on Black Lives Matter and the jewelry industry
Dr. Benjamin Chavis Jr. has been active in the jewelry industry since 2007, when he cofounded Diamonds Do Good (formerly the Diamond Empowerment Fund), the industry nonprofit that supports charities in the communities where diamonds are mined and cut.
Rio Tinto not to pursue control of Diavik Mine
Australian-British Rio Tinto has ceased speculation about the possible acquisition of Dominion Diamond Mines’ 40% share in the Diavik mine in Canada’s Northwest Territories, which would become wholly-owned by the world’s leading mining company, according to the Diamond Loupe.
A new website for the 15th anniversary of the founding of the RJC and a 4th certification for Rubel & Ménasché!
On March 16, 2020, Rubel & Ménasché obtained its 4th certification from the Responsible Jewellery Council, renewing it for 3 years. After its first certification in 2011, the Parisian diamond specialist was convinced of the need to adjust its processes to meet the strictest standards in terms of ethics, and social and environmental responsibility, so […]
