Lucapa Diamond Company is set to invest AUD 25 million ($16 million) in a production plan for its Merlin mine in Australia, which is expected to yield up to 314,000 carats over the next five years.
Hong Kong-based jeweler Luk Fook closed 175 stores in China and Hong Kong in the fiscal first half as rising gold prices hit revenue and earnings. Weak demand for diamond jewelry also hurt sales, with ...
The global diamond industry once again finds itself at a crossroads, and while the need to curb conflict diamonds and ensure ethical sourcing remains paramount, the European Union’s proposal for a ...
Stay up-to-date with the latest market price information and price your diamonds according to the industry standard Rapaport Price List. The Rapaport Price List is the international benchmark used by ...
Macy’s has delayed its final earnings release while it completes an investigation into falsified delivery expenses linked to an employee who hid between $132 million and $154 million. The retailer ...
India’s cuts to polished production have impacted inventories in different ways. Diamond manufacturers in India have — to the best of their ability — focused their efforts on goods that are in demand ...
A ring with a 43.15-carat yellow diamond is set to lead an upcoming jewelry sale at Phillips, where it is expected to fetch up to $850,000. The piece features an Old European brilliant-cut, ...
Natural diamonds have taken a big hit in the past few years. From the highs and lows of Covid-19 spending on luxury, to economic uncertainty and an oversupply in the midstream that has led to a ...
The latest episode of Rapaport’s GEMTalks focused on the how the jewelry industry can and should talk to consumers about natural and lab-grown diamonds. Dr. Ulrika D’Haenens-Johansson, senior manager ...
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De Beers has launched a new marketing campaign, “Forever Present,” to boost demand for natural diamonds during the US holiday gifting season. The campaign, which reintroduces the iconic “A Diamond is ...
Bonhams will offer a Tiffany & Co. emerald and diamond ring at its upcoming New York Jewels auction, giving it a price tag of up to $550,000. The ring contains an emerald-cut, 9.27-carat Colombian ...