Toll Free: 1.888.669.1999

Industry News

Smuggler from Dubai Caught with $600,000 of Diamonds in Ukraine

Thursday, December 03, 2020

A woman passenger flying from Dubai was caught smuggling diamonds worth almost $600,000 into Ukraine. Customs officers seized polished stones weighing over 50 grams yesterday at the Boryspil...
Read full news »

Mine's Largest Ever Pink Rough Delivers 15.2-ct Heart-Shaped Diamond

Thursday, December 03, 2020

The largest gem-quality colored rough diamond ever recovered at Lulo, Angola, has been cut and polished into a 15.2-carat heart shape and two smaller stones. Trading reforms brought in by the ...
Read full news »

Hong Kong Jewelry Sales Suffer Despite Covid Lull

Wednesday, December 02, 2020

Sales of jewelry, timepieces and other valuable gifts remain depressed in Hong Kong, despite a Covid lull during October. It was one of the worst-hit retail sectors, according to the country's ....
Read full news »

Struggling Petra Sells off its Sekaka Exploration Vehicle

Wednesday, December 02, 2020

Struggling Petra Diamonds has completed the sale of its exploration vehicle Sekaka. It's been bought by rivals Botswana Diamonds, which will benefit from the high-grade KX36 kimberlite pipe ....
Read full news »

Owner of Diamond-Encrusted Gold Eagle Loses Insurance Fight

Wednesday, December 02, 2020

The owner of an 18lb solid gold eagle encrusted with 763 diamonds has lost the latest round of court battle with insurers. Ron Shore, president of a company called Forgotten Treasures International...
Read full news »

Hong Kong Border: Biggest Diamond Bust in Three Years

Tuesday, December 01, 2020

Customs officers in Hong Kong made their biggest diamond seizure for three years at a crossing point into mainland China. The driver of a truck destined for Shenzhen was found to have 160 gems...
Read full news »

Peace Deal: Dubai Office Opens at Israel Diamond Exchange

Tuesday, December 01, 2020

Dubai's free trade zone yesterday opened an office at the Israel Diamond Exchange, in a landmark move to promote commerce and cooperation. Officials from the Dubai Multi-Commodities Centre...
Read full news »

Peace Deal: Dubai Office Opens at Israel Diamond Exchange

Tuesday, December 01, 2020

Dubai's free trade zone yesterday opened an office at the Israel Diamond Exchange, in a landmark move to promote commerce and cooperation. Officials from the Dubai Multi-Commodities Centre...
Read full news »

IDEX Price Report for 1 December: Smaller Fancies Suffer, Rounds Fare Better

Tuesday, December 01, 2020

(IDEX Online) - Fancy cuts suffered in November with price drops across colors and clarities among smaller stones, in marked contrast to September's blitz of increases. Decreases also dominated, though ...
Read full news »

De Beers Makes 12 Sustainability Pledges

Monday, November 30, 2020

De Beers today unveiled a sustainability charter, with a dozen pledges, including gender parity and carbon neutrality. The miner and retailer announced its "Building Forever" goals to protect the natural...
Read full news »