News

Jewelers of America (JA) has revealed the names of the six jewelry trade associations that will receive its inaugural Impact Initiative grants. The initiative is a multifaceted program aimed at ...
Russian miner Alrosa has caught an employee allegedly exchanging low-value diamonds for more expensive ones, which, together with accomplices, she then sold to Armenian smugglers. Following an ...
The US Customs and Border Protection (CBP) seized five shipments carrying nearly 2,200 pieces of counterfeit jewelry valued at over $25 million. The first packages customs confiscated in Louisville, ...
Gemfields will inaugurate a second ruby-processing plant at its Montepuez site in September, expecting to triple the mine’s overall ore capacity. The company’s new facility in Mozambique will increase ...
The Gemological Institute of America (GIA) has appointed Pritesh Patel as its president and CEO, to succeed longtime chief Susan Jacques, who is retiring. Patel joined the institute in 2015 as chief ...
Jewelers of America (JA) has promoted Amanda Gizzi to senior vice president of corporate affairs. Gizzi most recently served as the organization’s director of public relations and events, JA said ...
Israel has expressed opposition to Qatar’s candidacy for Kimberley Process (KP) chair, threatening the diamond certification scheme’s ability to find a new leader. Qatar is currently the only country ...
Rio Tinto has unearthed a purple diamond weighing 0.45 carats at its Diavik mine, an unusual find at a site that generally produces white stones. A trace element like hydrogen or a twist in the ...
US retail sales fell in May compared to the previous month as consumers slowed down on stocking up ahead of tariffs. Revenue slid 0.9% month on month — adjusted for seasonal variation — to $715.4 ...
The Luanda Accord Luanda, 18 June 2025 We, the undersigned representatives of diamond-producing governments and industry stakeholders, convened in Luanda on 18 June 2025 with a shared commitment to ...
Hong Kong jeweler Luk Fook is expecting its profits for fiscal 2025 to be down 40%. While the company has yet to finalize the results for the 12-month period, which ended March 31, it has attributed ...
Botswana President Duma Boko had to try twice to inject some energy into a sleepy audience at the annual World Federation of Diamond Bourses (WFDB) gathering in New York. It was the morning after the ...