GIA Lays Off 151 Employees at Carlsbad Headquarters
GIA Lays Off 151 Employees at Carlsbad Headquarters
Rough Diamond
Midsize Stones Sluggish at Petra Diamond Tender
Midsize Stones Sluggish at Petra Diamond Tender
India’s Titan Company Buys Out CaratLane for $557M
India’s Titan Company Buys Out CaratLane for $557M
Lucara Unearths 692ct. Rough at Karowe
Lucara Unearths 692ct. Rough at Karowe
Former De Beers Chairman Julian Ogilvie Thompson Dies
Former De Beers Chairman Julian Ogilvie Thompson Dies
Alrosa Diamond Sales Unaffected by Sanctions
Alrosa Diamond Sales Unaffected by Sanctions
De Beers Loosens Buying Rules as Inventories Accumulate
De Beers Loosens Buying Rules as Inventories Accumulate
China’s Gold Economy: Consumer desire for gold increases, desire for diamonds decreases
In the first half of this year, China consumed nearly 555 tons of gold, up more than 16 percent year-on-year. The trend has been described as a domestic gold craze. But diamonds seem to have lost their attraction, as the market size in China declined to 11.4 billion U.S. dollars in 2022, 2.5 billion dollars … Read more
Karowe Mine Yields Massive Rough Diamond Weighing 1.080 carats.
Karowe Mine Yields Massive Rough Diamond Weighing 1.080 carats.
Zimbabwe stockpiles 300,000 carats of diamonds
The Reserve Bank of Zimbabwe has stockpiled 300,000 carats of diamonds under new regulations which compel miners to pay half of their royalties using commodities, the state-run Sunday Mail reported. Central bank governor John Mangudya also told the Harare-based newspaper that gold reserves stood at around 350 kilograms, or around $20 million in US dollars. … Read more