While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.
Sourcing

“Stolen: Heist of the Century” is based on “Flawless,” the book about the middle-of-the-night theft, and will debut on Netflix in August.
Production at the mine in Canada’s Northwest Territories topped 1 million carats in Q2, the third consecutive quarter of growth.
Latest in Sourcing

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.


The trade-only event will host its debut fair in the Emerald City later this month.

They discovered “The Dash Diamond,” named for their dog, at the Crater of Diamonds State Park earlier this month.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Kellie, who joined the organization in 2019, will remain in his role through the end of 2025.

This past year, the manufacturer said it recorded below-zero emissions per carat of natural diamond.

She will oversee strategic planning, fundraising, industry partnerships, and the launch of the Gem Legacy Campus in Tanzania.

The organization has also announced this year’s slate of judges.

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

The gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.

“Ombré Desert Diamonds” will emphasize cream-, champagne-, and brown-colored diamonds, shades that set natural stones apart from lab grown.

The “Royal Ruby” Collection is a quintet of untreated rubies curated by collector Jack Abraham.

The large stone will be offered at its June sale along with a selection of secondary-type rubies from a new area of the Montepuez mine.

The diamond industry veteran has been named its senior sales executive.

It was featured in the miner’s latest sale, which brought in $24.8 million.

The nonprofit focused on mining communities in East Africa has added three new members to its advisory council.

Sapphires, emeralds, and rubies are finding their place in a U.S. market captivated by the gemstones once referred to as “semi-precious.”

The country’s gem and jewelry exports fell 5 percent year-over-year last month, while imports declined 18 percent.

The miner announced plans to recommence open-pit mining at Kagem.

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

It includes pricing for unenhanced Colombian emeralds in the fine to extra fine range.
Everyday
From market analysis to emerging jewelry trends, National Jeweler’s Daily Newsletter covers the most important industry news of the day.
Subscribe