June 23, 2021
De Beers Sales Bounce Back
De Beers’ rough sales reached a three-month high at its June cycle as retail demand remained strong and India’s Covid-1…
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June 23, 2021
Lucara Wows Again with 1,175ct. Rough
Lucara Diamond Corp. has recovered a 1,174.76-carat rough diamond from its Karowe mine in Botswana and believes it was originally…
June 22, 2021
Banks Boost Credit to Indian Trade
Indian banks have increased lending to the gem and jewelry industry, helping stem the impact of the Covid-19 pandemic, the…
June 22, 2021
GIA Seeing Record Submissions, Output
A spike in demand for graded diamonds is responsible for the ongoing backlog of goods at the Gemological Institute…
June 22, 2021
Loan Stars: How Jewelers Managed the Crisis
Despite the lockdowns, mask mandates, economic anxiety and fraught political landscape, 2020 wasn’t a bad year for jewelers. “So many…
June 22, 2021
22ct. Pink Diamond Up for Sale
Namakwa Diamonds, owner of the Kao mine in Lesotho, plans to sell a pink diamond weighing 21.86 carats at a…
June 21, 2021
Diacore Buys Record Yellow Diamond for $5M
Diacore has revealed that it was the buyer of a 204.36-carat, yellow diamond that sold for $5 million at Christie’s…
June 21, 2021
How Many Bitcoins for a 101ct., Flawless Diamond?
Sotheby’s will auction a massive flawless diamond valued at up to $15 million next month, making the rare move…
June 21, 2021
Alrosa Reshuffles Supervisory Board
Alrosa’s shareholders elected a new supervisory board last week, with independent directors now accounting for a third of the team.The…
June 20, 2021
US Diamond Shipments See April Recovery
US polished-diamond imports soared to $1.59 billion in April, compared with just $28 million a year earlier, as the market…
June 20, 2021
50ct. Diamond Sets Online Record at Sotheby’s
A 50.03-carat diamond sold for $2.7 million at a recent Sotheby’s digital auction, setting a record for the highest…
June 17, 2021
Rapaport Weekly Market Comment
Positive sentiment as demand outpaces supply. US retail upbeat; May jewelry sales +203% year on year and +45% vs. May…
