The industry is changing as it grapples with new realities around distribution, supply, and the need for consistent, effective marketing.

Stephen Rego

The formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.

Michelle Graff

Sales at the Rio Tinto-owned mine also slid by a double-digit percentage, falling 37 percent in a difficult market for diamonds.

Michelle Graff

The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.

Michelle Graff

As anticipated, Anglo took another impairment charge on the diamond miner and marketer, which saw revenue sink 23 percent in 2024.

Michelle Graff

Petra Diamonds Ltd. CEO Richard Duffy resigned as the diamond miner reported a 30 percent drop in sales to start its fiscal year.

Michelle Graff

Beginning in April, companies importing diamonds into the United States will have to list the country in which the diamonds were mined.

Michelle Graff

The wholesale collection features material from the Rock Creek mine in a variety of colors.

Lauren McLemore

Late last year, the India-based diamond manufacturer recorded emissions per carat that are 34 percent lower than the industry average.

Lauren McLemore

The moves come amid a prolonged period of lower demand for diamonds, particularly in China.

Michelle Graff

The agreement will allocate an increasing proportion of the country’s rough diamonds to the government of Botswana over the next decade.

Michelle Graff

Jemora Gemhouse’s inaugural auction, slated for March, will take place in Dubai and feature polished sapphires.

Lauren McLemore

Gemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.

Lauren McLemore

The miner temporarily halted operations on Dec. 24 following an invasion at the mine.

Lauren McLemore

The move is one of several cost-cutting measures outlined by the company as it faces a weaker luxury market and other challenges.

Lenore Fedow

The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”

Michelle Graff

Recent expansion initiatives at the Zambian emerald mine have shown strong production numbers, said Grizzly founder Abdoulaye Ndiaye.

Lauren McLemore

Botswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.

Michelle Graff

Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.

Natalie Francisco

The company combined two sights in Q3 due to the slowdown in demand, and said it is moving up the dates for sights 9 and 10 in Q4.

Michelle Graff

It will start with rough diamonds that are larger than 1.25 carats and later expand to rough diamonds that are above 1 carat.

Michelle Graff

The mining company is set to hand over the South African diamond mine to an affiliate of Stargems Group by the month’s end.

Michelle Graff

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

Michelle Graff

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

Michelle Graff

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

Stephen Rego