US consumer spending this holiday season is likely to come close to last year’s record, dropping $12 per person to average $890, according to the National Retail Federation (NRF) forecast. Of the ...

The premium for US-based diamonds relative to those in India has increased since tariffs came into play — but so has volatility, according to the latest Rapaport Research Report. Goods located in ...

De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is ...

The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...

Botswana’s state diamond trader held an ad-hoc tender of about 1 million carats in rough to help raise revenue for the country, but none of the stones sold. Okavango Diamond Company (ODC), which is ...

A bracelet with diamonds and 16.09 carats of emeralds led the Phillips Hong Kong auction, where it sold for HKD 3.2 million ($406,213) just under its low estimate. The piece, featuring 14 graduated ...

Day’s Jewelers has dedicated the last 111 years to becoming one of New England’s premier diamond retailers, anchoring itself primarily in Maine. It operates six stores across the state, along with its ...

Gemfields made $11 million at its recent mixed-quality ruby sale, which featured goods from a new area of its Montepuez mine. The company sold 62% of goods on offer from its Mozambique mine between ...

A sapphire and diamond ring nearly tripled its estimate at a recent jewelry auction at Sotheby’s Paris, bringing in EUR 698,500 ($819,982). The piece features a cushion-shaped, 10.68- carat Kashmir ...

Greg Katz, managing partner of South Africa-based diamond dealer and manufacturer Trigon Adamas, came on the Rapaport Diamond Podcast to recount his experiences working on exceptional stones.

Alrosa will spend RUB 20 billion ($239.8 million) to extend the life of its Udachnaya mine in Yakutia by 16 years. The project, which will take the deposit from its current end date of 2039 until at ...

Gemfields saw revenue and profit drop in the first half as it paused production at its emerald mine and sold lower-grade ore from its ruby deposit, which affected its auction results. Sales fell 47% ...