Economic slowdowns, geopolitical tensions, and the rising popularity of lab-grown diamonds are clouding the outlook for mined diamonds.
Sourcing

The massive space spans 7.1 million square feet with more than 4,000 offices and 131 elevators.
The second installment of “To Treasure Now and Forever” is intended to emphasize diamonds’ versatility.
Latest in Sourcing

The two companies initially partnered during the pandemic and had just signed a 10-year sales agreement in November 2022.

The plea comes against a backdrop of declining demand and falling prices.

The company anticipates resuming exploration and mining operations and rehiring staff in 2025.

Nivoda breaks down the best methods for independent jewelers to stay competitive in the modern market.

De Beers is putting the emphasis on natural diamonds in Q4 and ending Lightbox’s lab-grown diamond engagement ring test run.


The book, “Slay It With a Diamond," is the third installment in the JCK news director’s mystery series.

The company said operations have been on hold since January because the mine wasn’t meeting production expectations.

Awareness is essential to proactive protection. Learn how to promote and maintain safety and security awareness in your business.

The event is slated for April 2024.

They were down 42 percent year-over-year and 10 percent month-over-month in August.

Lucara said it’s the 20th stone weighing more than 100 carats the mine has produced this year.

Rio Tinto, De Beers and Burgundy all have mines in the Northwest Territories, where wildfires have forced mass evacuations.

Elana Zajdman joins the organization after more than a decade as an editor for various print and digital fashion magazines.

The facility will have bi-facial panels, which generate energy from direct sunlight as well as the reflection from the snow.

The move comes after news surfaced that the Karowe mine’s underground expansion will take longer and cost more than expected.

The $2.2 billion expansion at the South African mine is expected to extend its life until at least 2046.

CEO Al Cook attributed the decline to a combination of seasonal slowdown and manufacturers’ wariness about the remainder of 2023.

Production and total sale volumes were both flat from the year prior.

Petra Diamonds and Mountain Province both noted a slowdown in demand in their most recent earnings reports.

The company recovered 7.6 million carats in the second quarter, compared with 7.9 million in the same period last year.

The mining company said the decline at Diavik was due to work being done on one of the pipes and the open pit.

The miner said this week that the project will cost $136 million more than expected and take about a year-and-a-half longer to complete.

The Jogani Gallery serves as both an exhibition and event space.

Stephen Wetherall, who has been with the company for nearly a decade, will exit at the end of July.

Weighing more than 10 carats, the emerald is a top-tier stone from the legendary Muzo mining region.

Malakhov, who managed a staff of about two dozen reporters across the globe, is remembered for being kind and easy-going.
Everyday
From market analysis to emerging jewelry trends, National Jeweler’s Daily Newsletter covers the most important industry news of the day.
Subscribe