1094 carat rough diamond Karowe mine
SourcingOct 10, 2024
Lucara Sells Clara to Its Original Founders

CEO William Lamb said divesting the diamond sales platform allows the company to focus on the underground expansion of Karowe.

Rough diamonds mined at the Diavik Diamond Mine
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s Life

Commercial production has begun underground at the Canadian diamond mine’s A21 pipe.

SourcingOct 08, 2024

Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.

Latest in Sourcing

Rio Tinto 2024 Beyond RareTM Tender Art Series
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender

The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.

Forevermark store Mumbai India
SourcingOct 04, 2024
How India Became the World’s Second-Largest Market for Diamond Jewelry

A strong economy, a growing middle class with an affinity for brands, and rapid expansion of organized retail have fueled the market’s rise.

Gemfields rough ruby emerald
SourcingSep 23, 2024
Gemfields’ September Auctions Bring Mixed Results

Its commercial-quality sapphire, corundum, and ruby sale yielded “healthy” results, while its emerald auction was weaker than expected.

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From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.

Sally Morrison De Beers
SourcingSep 20, 2024
Sally Morrison Takes on Larger Role as De Beers Zeros In On Category Marketing

The company is poised to make a big push for natural diamonds this holiday season.

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1094 rough diamond from Karowe Mine in Botswana
SourcingSep 16, 2024
1,094-Carat Diamond Recovered in Botswana Just Weeks After Historic Find

The giant gem originated from Karowe, the same mine that yielded a 2,492-carat rough diamond in late August.

Bruce Bridges AGTA
SourcingSep 12, 2024
AGTA Elects Bruce Bridges as President

He, and other newly elected board members, will begin their terms in February.

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Fuli gemstones beidou cut
SourcingSep 09, 2024
Fuli Gemstones Introduces ‘Beidou Cut’

The miner’s new peridot cut will debut at the upcoming Hong Kong jewelry trade show.

Broken Bangle jade nomenclature book Lotus Gemology
SourcingAug 29, 2024
Lotus Gemology Publishes Book on Jade History

“Broken Bangle: The Blunder-Besmirched History of Jade Nomenclature” is an in-depth look at the evolution of jade terminology.

Titan Company Ltd. executive Ajoy Chawla and De Beers Group executive Sandrine Conseiller
SourcingAug 29, 2024
De Beers Looks to India to Boost Demand for Natural Diamonds

It is partnering with retailer Tanishq on educating salespeople, shaping the in-store experience, and a “360-degree” marketing campaign.

2,492 carat rough diamond
SourcingAug 22, 2024
2,492-Carat Diamond Recovered From Botswana Diamond Mine

The giant gem came from Karowe, the same mine that yielded the 1,109-carat Lesedi La Rona and the 1,758-carat Sewelô diamond.

A and C Gem Trading Corp.
SourcingAug 19, 2024
A&C Gem Trading Corp. Relocates, Opens Wholesale Showroom

The gemstone company is moving to the Ross Metal Exchange in New York City’s Diamond District.

Greenland Ruby mine
SourcingAug 15, 2024
Greenland Ruby Is Up For Sale

Unable to pay its debts, the ruby and sapphire miner is looking to restructure and become a “competitive and attractive” company.

Lulo tender 14 carat pink diamond
SourcingJul 31, 2024
Lucapa Sells 6 Diamonds, Including 14-Carat Pink

The parcel, totaling 447 carats, garnered $12.4 million at the diamond miner’s recent tender.

De Beers’ Venetia diamond mine
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ Market

Lab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.

De Beers rough diamond display
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2

The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.

Karen Rentmeesters
SourcingJul 22, 2024
AWDC Names Karen Rentmeesters as CEO

Rentmeesters has served as interim CEO since April following former CEO Ari Epstein’s resignation.

Grizzly emerald
SourcingJul 18, 2024
Grizzly Emerald Auction Garners $32.5 million

The miner said an 835-carat emerald saw “stiff competition” in its July sale.

Diavik Diamond Mine solar power plant
SourcingJul 17, 2024
Rio Tinto’s Diamond Production Down 28% in Q2

The company’s sole remaining diamond operation, Diavik, produced 702,000 carats of diamonds, down from 970,000 a year ago.

Navneet Gems salt & pepper sapphires
SourcingJul 10, 2024
Navneet Gems Launches Salt-and-Pepper Sapphires

Sourced from Tanzania, the stones feature a unique hematite inclusion.

Fuli Gemstones peridot The Curious Gem
SourcingJul 09, 2024
The Curious Gem Now Carrying Fuli Peridot

The U.K.-based online supplier will offer calibrated stones under 1 carat.

Ravi Bhansali and Isidore Mörsel
SourcingJul 08, 2024
AWDC Re-Elects Isidore Mörsel as Board President

Ravi Bhansali has been elected vice president.

Yale Peabody Museum quartz sandstone concretion
SourcingJul 08, 2024
Yale Peabody Museum to Reopen Hall of Minerals

The Connecticut museum will unveil the newly renovated galleries on July 9.

SourcingJul 05, 2024
Lucara Names New VP of Mineral Resources

Lauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.

Shree Ramkrishna Exports Logo
SourcingJul 01, 2024
Diamond Supplier SRK Exports Joins United Nations Global Compact

As a member of UNGC, the diamond supplier pledges to implement sustainable and socially responsible policies.

Former Fura Gems CEO Dev Shetty
SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps Down

He’s leaving the colored gemstone miner to pursue other opportunities, the company said Friday.

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