The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.
KP suspends the Central African Republic
Johannesburg--Rebel violence in the Central African Republic has prompted the Kimberley Process (KP) to temporarily suspend the nation, meaning that the industry needs to avoid trading in rough diamonds from the country until further notice. According to a letter dated May 23 from KP Chair Welile Nhlepo to members of the process, the temporary suspension comes as a result of a vote by KP members.The suspension will remain in effect until the KP’s Working Group on Monitoring, and other working bodies, can review the situation in the Central African Republic at the upcoming intersessional meeting in Kimberley, South Africa, the letter states. The intersessional is scheduled for June 4 to 7. Reports about a possible KP embargo on diamonds from the Central African Republic first began surfacing in May after rebels seized control of the country from former President François Bozizé. The Central African Republic is located directly north of the Democratic Republic of the Congo, bordering the Congo and Cameroon on the west, and Sudan and South Sudan on the east.Rebels seized the government in March and reports indicate they are using the sales of diamonds to finance their activities. Alluvial diamond mining is one of the country’s main sources of revenue.On Tuesday, World Diamond Council President Eli Izhakoff expressed his support for the suspension of the Central African Republic. “This is a tough but appropriate measure that will defend both the integrity of the diamond pipeline and, also, ultimately the well-being of the people of the Central African Republic,” he said. “I call on all members of the industry to be vigilant and take all necessary measures to ensure that, until further notice from the KP, no rough diamonds from the CAR are handled and or traded.”
The Latest

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.

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

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.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

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.

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.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.





















