Michael Hill CEO Daniel Bracken died suddenly on Wednesday at the age of 57 after an adverse reaction to medical treatment for an underlying condition. Bracken joined the Australia-based jeweler in ...

De Beers Group has introduced its DiamondProof device at select retail stores, enabling fast verification of natural diamonds. DiamondProof distinguishes natural diamonds from lab-grown ones and ...

Sarine Technologies’ sales fell last year amid a persistent oversupply in the midstream and weak demand, which dampened diamond-manufacturing activities. Revenue fell 9% to $39.2 million for 2024, the ...

Upscale retailers had a strong holiday season amid growth in top earners’ spending, though they remain hesitant about investing in diamond inventory. The Centurion Jewelry Show in Phoenix, Arizona, is ...

Swiss watch exports grew in January as a recovery in demand in the US and Japan outweighed a persistent lull in Hong Kong and China. Shipments of timepieces rose 4.1% to CHF 1.99 billion ($2.22 ...

Lucara Diamond Corp.’s revenue rebounded in 2024 amid the sale of two massive rough stones from its Karowe mine in Botswana, which together went for $54 million. Revenue for the year rose 18% to ...

De Beers Jewellers has changed its name to De Beers London, as part of a rebrand that emphasizes its place in the high-end luxury market. The move also establishes a link to the company’s home city of ...

Revenue at Michael Hill fell 0.7% year on year in the first fiscal half as higher-value holiday gifts offset weak overall demand. Sales came to AUD 360.2 million ($229.1 million) for the six months ...

Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...

Endiama has signed a mining investment agreement with N’Dumba, a subsidiary of the Jean Boulle Group, for diamond prospection, exploration and commercialization. The parties formalized the agreement ...

The growth of a traceable-gold initiative in the United States could be “very transformative” for the jewelry industry, says Anthony Maietta, managing director of C&J Fine Jewelry Makers. The Rhode ...

The head of Dubai’s diamond and commodity exchanges is looking out for his city’s interests both at home and on the world stage. When Ahmed Bin Sulayem was approached to steer Dubai’s commodities ...