The company confirmed it will be combining the auctions for the fifth and sixth sales cycles into one.
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Sergey Ivanov Jr., who is under U.S. sanction, is out, replaced by Almazy Anabara CEO Pavel Marinychev.

De Beers said the main reason production leveled off in the first quarter is Venetia, which is transitioning to an underground operation.

Registration is open now to join the for-profit arm of Gem Legacy on its third trip to Tanzania and Kenya.

Awaiting a name, the rare gem is one of the largest pink diamonds ever recovered.

The company’s third-cycle sales totaled $540 million, down only slightly from the same period in a strong 2022.

The news came as the diamond manufacturer officially opened a new factory in Gaborone, its first outside Antwerp.

Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.

Australian mining company Burgundy Diamond Mines announced plans to buy the mine in a deal valued at $136 million.

The exhibit received the Betty Clayton Gibson Memorial Trophy for “Best Museum Exhibit for 2023.”

New CEO Al Cook said the economic uncertainty that lingered in late 2022 caused sightholders to put off buying until later in 2023.

The company is going underground at the A21 open pit, a move that will help extend the mine’s life into early 2026.

New regulations could block the pathway that allows diamonds cut and polished outside of Russia to enter the United States.

Experts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.

The increase reflects continued demand for diamond jewelry and for “provenance-assured” goods.

A radioactive capsule is lost and found, Lowe’s gets into the jewelry game, 10 pieces of amethyst jewelry for February, and more.

A government official said search crews “found the needle in the haystack” when they located the capsule belonging to Rio Tinto along an 870-mile stretch of road.

The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.

Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.

“Once-in-a-century” floods have devastated the region, once home to the Argyle mine.

Yogo Mine in Montana, which produces the popular Yogo sapphires, was dormant for nearly four decades.

Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018.

According to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.

Said to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.

Liqhobong has been in a care-and-maintenance period since the start of the pandemic.