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

An Easier Way to Beat Lab-Grown Diamond Fraud

11 november 2020

(idexonline.com) - Recent advances in growing and treating diamonds has garnered much public attention, yet relatively little has been published on the subject. We have witnessed large and small companies pursuing investments in HPHT / APHT / LPHT treatments, irradiation and especially technology for growing HPHT and CVD diamonds. Many companies are already in place and ready to capitalize on these new techniques, and it is only the complexity and the sophistication of the technology that slows new investment. We will deal with the problem of identification and certification of diamonds when laboratory-grown diamonds, larger than 1ct, become common enough to sufficiently meet the needs of the market. We will also address the potential risks certifying laboratories run in losing consumer confidence, as well as the ultimate question - how can consumers and jewelers trust that mounted diamonds have been identified and certified?