The Russian Ministry of Finance has announced potential plans to resume diamond purchases for its Gokhran state reserve in 2025, halting acquisitions for the remainder of this year. Deputy Finance ...
De Beers has upheld its 2024 production guidance, targeting 23 to 26 million carats, as the midstream continues to manage elevated inventory levels and recovery timelines remain extended, according to ...
During the first nine months of 2024, LVMH’s watch and jewelry segment experienced a 5% decline in revenue, amounting to $8.2 billion, according to IDEX Online. Across its 75 luxury brands, LVMH ...
Pressure is mounting on the Indian government to adopt transparent labeling practices that distinguish lab-grown diamonds from natural ones, much like the U.S. system, reports IDEX Online. Accourding ...