The miner’s ruby and emerald auctions brought in a combined $102.9 million.
Sourcing

The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.
The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.
Latest in Sourcing

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

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

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

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

Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.


A Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

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

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

The diamond mine, which opened nearly 30 years ago in Canada’s Northwest Territories, is expected to shut down by mid-August.

The yet-to-be named stone is the 10th diamond weighing more than 1,000 carats to come out of Lucara’s Karowe mine.

The diamond miner and marketer is undergoing another round of cost-cutting measures ahead of its sale by Anglo American.

Shaun Wills joined the company in 2024 and was chief financial officer of the De Beers Brands and Consumer Markets division.

After eight years, Gilbertson is leaving his post at the mining company, which is currently facing a slew of operational challenges.

Charlotte Rose said her election is “a sign that this is an industry capable of change.”

The new line is included in the e-tailer’s curation of jewelry celebrating America’s 250th anniversary.

Dallow will lead the International Colored Gemstone Association, effective July 6.

The three industry leaders bring financial, communications, and legal expertise to the nonprofit’s board of directors.

The collection features traceable alexandrite from Brazil in calibrated sizes that is sorted by grade.

SSEF issued a notice about the potential new source of the sought-after gemstone, citing “credible reports” from trade sources.

Its app now reflects increased prices for Mozambique ruby, as well as changes to its Burma ruby charts.

The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.

Ilana McCabe is Signet’s vice president of public relations and brand communications.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

The revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.
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