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

Lauren McLemore

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

Lauren McLemore

Following visits to Vegas and New York, Botswana’s minerals minister sat down with Michelle Graff to discuss the state of the diamond market.

Michelle Graff

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.

Lauren McLemore

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

Lauren McLemore

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

Lauren McLemore

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

Lauren McLemore

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

Lauren McLemore

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

Lauren McLemore

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Michelle Graff

Kenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.

Michelle Graff

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Michelle Graff

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