NEWS

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    November 06, 2019

    Mountain Province Slides to Net Loss

     Mountain Province saw a net loss in the third quarter, hampered by bad weather and the negative impact of currency fluctuation.The…

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    November 06, 2019

    Borsheims Selling Luxury Jewelry Experiences

     Borsheims is offering jewelry- and diamond-related luxury adventures through its holiday catalog this year, catering to millennials’ desire for transparency and experiences.The…

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    November 06, 2019

    Angola Diamond Sales Rise

     Revenue from Angola’s national diamond-trading company, Sodiam, rose 12% year on year in the third quarter amid an increase in the average…

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    November 06, 2019

    HRD Antwerp Receives Two Takeover Bids

     The International Gemological Institute (IGI) and industry veteran Peter Meeus have put in rival bids to acquire HRD Antwerp.Meeus, HRD’s…

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    November 05, 2019

    De Beers Reduces Prices at November Sight

    Sightholders welcomed De Beers’ decision to lower prices at this week’s rough-diamond sale, but noted that further discounts were necessary to…

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    November 05, 2019

    Pandora Slashes Sales Forecast

     Shares in Pandora dropped 18% Tuesday after the Danish jeweler lowered its full-year revenue outlook.The retailer reduced its forecast to…

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    November 05, 2019

    Couples Prefer Customization over Size

    Couples are prioritizing personalization and overall cost and quality rather than size when buying engagement rings, according to a survey by…

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    November 05, 2019

    Couples Prefer Customization over Size

    Couples are prioritizing personalization and overall cost and quality rather than size when buying engagement rings, according to a survey by…

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    November 05, 2019

    Lucara Posts Loss in Third Quarter

     Lucara Diamond Corp. reported a loss at its Karowe mine in the third quarter, amid increased operating expenses and a weak…

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    November 05, 2019

    Hong Kong Polished Imports Slide

     Polished-diamond imports to Hong Kong declined 24% in the third quarter, according to Rapaport calculations based on data from the…