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

In the Wake of the Cyberattack on Stuller, 5 Tips on Cybersecurity

21 january 2021

(nationaljeweler.com) - Stuller was hit by a cyberattack over Thanksgiving weekend that delayed shipments, shut down the phone lines, and created other operational issues amid the holiday rush. It took a few days for the massive manufacturer and supplier to get same-day shipping services on in-stock items and the phone lines back up and running. While Stuller said there was no indication that sensitive business information was compromised—noting that customer credit cards on file are tokenized, encrypted, and not housed at Stuller—the stressful disruption came at the most critical time of the year for the supplier, underscoring the need for businesses today to invest in cybersecurity.