Australia-based miner Rio Tinto has recovered diamonds from the remaining ore at its Canadian Diavik mine following its closure. Output plunged 97% both compared to the previous quarter and year on ...

De Beers plans to lay off 1,214 workers as it pauses production at its Venetia mine, according to a local union. The National Union of Mineworkers (NUM) has criticized the company and De Beers ...

Revenue at Hong Kong jeweler Luk Fook rose in the first fiscal quarter as consumers continued to purchase gold as an investment, even amid a strong jump in the price of the yellow metal. Retail sales ...

Rapaport MarketIQ translates verified Rapaport Trade data into clear insight on supply, demand, and global pricing to support strategic pricing, production, and inventory decisions. Price accurately ...

Anglo American has chosen a consortium led by former De Beers CEO Gareth Penny as the top candidate to buy the diamond company, a Botswana official reportedly announced on Friday. “Anglo American ran ...

Nina Runsdorf hadn’t worked with silver since her teens, but last year, she launched Archive, a silver collection with designs rooted early in her career. “I found myself wearing bolder, more ...

Anglo American chose a consortium led by Gareth Penny, former De Beers CEO, as the top candidate to buy the company, Moeti Mohwasa, Botswana’s minister for state president, defense and security ...

Jewelry retail in the US has been declining steadily for more than 20 years, and 2023 was no different. The number of jewelry retailers fell by 2.8% to 17,554 last year, according to the Jewelers ...

De Beers has unveiled its sales schedule for the coming year, with plans to hold the usual 10 sights across the 12-month period. The miner sells most of its rough to sightholders through a contract ...

The July issue of Rapaport Magazine, out now in print and online, takes a deep dive into the hype surrounding horology, and how luxury timepieces are faring in both the mainstream and secondhand ...

The London Diamond Bourse (LDB) and the Dubai Diamond Exchange (DDE) have signed a memorandum of understanding (MoU) to team up to bolster the international diamond and gemstone trade. The agreement ...

Wholesale market quiet during extended July 4 holiday period and start of summer season. Strong advance orders of round and fancy-shape, D-F, IF-VS diamonds for high-end designers. Positive trend ...