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

You Know About Sierra Leone’s Diamond Diggers, But Do You Know About Its Diamond Divers?

07 october 2020

(jenniferheebner.com) - It was 2007 when Laurent Cartier the student was backpacking through Sierra Leone and heard about the diamond divers of the Sewa River. While not specifically interested in diamonds at that time—he was getting his master’s degree in Geological and Earth Sciences from the University of Basel, Switzerland—his curiosity was piqued. He stayed in touch with new friends who knew of the diamond divers of the Sewa River and in April 2019 returned to the country once ravaged by civil war. By this time, Cartier had earned his doctorate in Philosophy and Geosciences and a Fellowship of Gem-A gemology diploma, as well as firmly establishing himself in the international gemology community as a project manager for the Swiss Gemological Institute, or SSEF. Cartier returned to Sierra Leone with a South African photographer named Justin Badenhorst and a goal: to film these artisanal diamond divers and share their story—a human side to the diamond industry.