The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.
6 Killed in Plane Crash En Route to Diavik Diamond Mine
Four of those who died in Tuesday’s crash were workers at the mine, while two were airline crew members.

Rio Tinto, which operates the mine, said four of the individuals on board were workers at the mine while two were airline crew members.
Another Rio Tinto team member survived the crash and was treated at local hospitals.
“We are feeling numb with the devastating news that we have lost dear friends and colleagues,” Rio Tinto Chief Executive Jakob Stausholm said in a statement released Wednesday.
“I extend our deepest sympathy to the families, friends, and loved ones of those who have been affected by this tragedy. I am heading to the Northwest Territories to be with our team and to offer our full support. We will be working closely with authorities over the coming days, weeks and months, to support their efforts to understand the full facts of what has happened.”
The plane, a chartered Jetstream twin-turboprop operated by Northwestern Air Lease Ltd., crashed shortly after taking off from Fort Smith Airport in the Northwest Territories at 6:42 a.m. MST on Tuesday.
According to a report from Canada’s Transportation Safety Board (TSB), the aircraft “collided with terrain” shortly after takeoff, which caused a fire.
It crashed on the banks of the Slave River, less than a mile from the end of the runway.
A TSB spokesman said Wednesday that a team of four investigators are currently on-site at Fort Smith Airport collecting data, interviewing witnesses, and examining and photographing the wreckage and accident site.
He said the organization cannot share any additional information at this time.
According to a statement issued Wednesday by the coroner’s office, the Royal Canadian Mounted Police have notified the family members of the six people killed in the crash, though the names of the victims have not yet been released.
On Wednesday evening, the town of Fort Smith held a candlelight vigil for those lost in the crash, writing in the open invitation posted on its Facebook page, “The recent loss of many of our friends or family members on a flight to the diamond mine has hit all of us very hard. That’s why we gather tonight. We can comfort each other by prayer, song, and our heartfelt thoughts.”
The Northwest Territories Legislative Assembly flew its flags at half-mast Wednesday as a sign of respect and mourning for the victims of the crash and their families.
Assembly Speaker the Hon. Shane Thompson wrote, “This is devastating for Forth Smith and the territory as a whole.
“We will grieve this loss together. This tragedy will have a lasting impact on all our friends and family across the NWT.”
The Diavik Diamond Mine is located about 300 km (190 miles) from Yellowknife, the capital and largest city in Canada’s Northwest Territories, and is only about 200 km (124 miles) south of the Arctic Circle.
Because of the mine’s remote location, Rio Tinto has workers transported in and out via chartered flights.
The Latest

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

Submit your pieces for a chance to win in this year's competition.

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.


One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

The jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.

The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.























