Botswana, De Beers suitor near deal on ownership stakes – report

Botswana and a consortium leading the race to acquire De Beers are close to agreeing on their future ownership stakes, potentially clearing the way for Anglo American to exit the diamond miner, according to Bloomberg.

Today

Petra Diamonds subsidiary ordered to wind up over unpaid tax

Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.

Today

LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026

The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...

Today

Russian companies to increase investment in PGM exploration by 17% in 2026

In 2026, Russian companies will increase their investment in the exploration of platinum group metals (PGM) by 17%, with the total reaching nearly 2 billion rubles ($23 million), the Russian Ministry of Natural Resources and Environment...

Today

Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices

Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...

Yesterday

The Newest “All-Diamond” Ring Was Probably the First

09 september 2020

(jckonline.com) – In late August, Rapaport News ran an item about an “all-diamond ring,” called the Beaufort (pictured), that had been sent to the Gemological Institute of America’s New York City lab for evaluation. The 13.15 ct. ring looked like the latest attempt to craft an item made completely out of diamond. It followed two all-diamond rings made from lab-grown material—one from Diamond Foundry, crafted by Apple designers Jony Ive and Marc Newson, and the other from Dutch Diamond Technologies. For a long time, the first company to try it appeared to be Geneva-based company Shawish in 2011. Now it turns out that this most recent all-diamond ring was probably the first—although its existence has not been publicized until now.