This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.
Gemfields’ Ethiopia Exploration Site Looted
The sort house was ransacked and emeralds were stolen from the safe.
London—Gemfields said its Ethiopian emerald exploration site, which was overrun by a mob in June, has now been looted.
On June 29, a mob of 300 to 500 entered the mining site of Web Gemstone Mining plc, an Ethiopian company in which Gemfields holds a 75 percent interest.
Though WGM employees were safely evacuated, the trespassers never left the property, and Gemfields said on July 31, they broke into the gemstone sort house, which was constructed using 40-foot shipping containers.
Several of the perpetrators were injured but no WGM employees were on-site at the time.
The safe in the sort house was ransacked and the emeralds in it looted. A Gemfields spokesperson said the company is providing no further details on the stolen goods.
The equipment and instruments in the facility also were taken, and WGM’s residential camp was ransacked.
While police stationed at the mine tried to resist the activity, they were “overwhelmed” by the group, Gemfields said, and abandoned the site.
Gemfields also said it has been advised that the site has seen a significant inflow of firearm-bearing illegal miners and handlers.
WGM will continue to work with local and national authorities on the situation.
At the time of the first incident, Gemfields said it is believed the members of the mob might have been spurred by a faction seeking a portion of WGM’s emerald exploration license. The invasion and subsequent looting also come at a time of nationwide unrest in the African country.
Gemfields acquired its stake in WGM in February 2015.
WGM’s emerald exploration license includes an area that measures 200 square kilometers, or about 77 square miles. It first established operations in June 2015 and has been conducting exploration and core-drilling since, with bulk-sampling operations beginning in August 2017.
The Latest

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.

Experience gemstones with greater precision and comfort than ever before.

The live charity benefit sale in Nashville will also feature gowns, boots, and other memorabilia from the country music legend.


Sponsored by Overnight Mountings

The supplier organization recently joined JA and JVC to have more input on political issues affecting the jewelry industry.

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

Blue Nile, a Signet Jewelers-owned brand, is now Royal Asscher’s exclusive licensed retailer in North America.

“Royal Oak” pays homage to the brand’s most popular watch model using 18-karat gold as well as diamonds, emeralds, and sapphires.

As part of the transition, Joseph Nicosia has stepped into the role of COO.

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

FGI President John Orrico is also leaving the company after more than 13 years.

The 2026 edition will feature presentations on alternative materials and design trends, as well as pop-up activations on the show floor.

It is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.

These jewels stood out at Bonhams’ sale of the cat-loving tech entrepreneur’s collection of objects depicting the feline form.

The fine jewelry brand has expanded the collection that debuted at Couture with four new designs based on its most popular styles.

The AGTA president was elected for a two-year term on the board of directors.

The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.

The new facility, its first outside of Thailand, will boost its manufacturing capacity by 50 percent.

The special-edition “Dream” pendant, our Piece of the Week, was created to mark Hearts On Fire’s 30-year milestone with 30 diamonds.

Dubai Jewelers in Springfield, Virginia, was once again the target of an armed robbery.

YouGov’s 2026 U.S. Most Recommended Brands report’s out, and a fast-fashion giant is sitting at No. 1 while Rolex is just shy of the top 5.

Proceeds from its jewelry raffle will benefit an organization working in India to combat silicosis, a lung disease affecting stone cutters.

The rings, crafted by Jason of Beverly Hills, celebrate the hockey team’s Stanley Cup win with design elements that honor its traditions.























