RAPAPORT PRESS RELEASE, April 1, 2025, Las Vegas… The diamond market showed further signs of recovery in March. The price stabilization trend that began in mid-February expanded to a wider range of ...

Petra Diamonds has denied claims from a South African labor union that it intended to dismiss as many as 468 employees due to challenges continued weakness in the diamond market has triggered. The ...

Mountain Province’s loss widened in 2024 as weak demand led to a drop in the average price of rough diamonds. The miner, which operates the Gahcho Kué mine in Canada, plunged to a net loss of CAD 80.8 ...

Hong Kong’s retail sales fell in February amid a slowdown in demand for luxury goods in the municipality, although the decline was more moderate than the previous month. Revenue from jewelry, watches, ...

CEO David Block explains the tech company’s plans to acquire visual-inspection business Kitov.ai — and why its core focus is here to stay. David Block has his work cut out for him as CEO of Sarine ...

Rapaport will host a webinar on April 3 at 10 a.m. EST to provide information to the industry about the upcoming Rapaport Trade Mission to Sierra Leone, its background, agenda and opportunities. The ...

A 10-carat diamond ring was the top seller at a recent jewelry sale at Phillips in Hong Kong, bringing in HKD 4.6 million ($591,330). The emerald-cut, D-color, internally flawless diamond ring sold ...

Christie’s will offer an 18.72-carat diamond ring at its upcoming New York sale, where it is set to fetch up to $500,000. The pear modified brilliant-cut, light-brown-pink, SI2-clarity diamond ring ...

LVMH has named Bulgari CEO Jean-Christophe Babin as CEO of the group’s watches division, where he will maintain overall responsibility for both brands. Babin, who will start his new role at LVMH ...

The Indian diamond sector is preparing for potential hikes in US duties from next week, with efforts underway to thwart the plans amid concerns about their impact. Industry members expect the US to ...

Signet Jewelers’ new CEO, J.K. Symancyk, has unveiled plans for reviving the company’s sales and profitability following a few disappointing quarters. Speaking to investors on an earnings call last ...

De Beers parent company Anglo American has begun meetings with several banks about listing the miner for an initial public offering (IPO), according to Bloomberg. The move is part of a restructuring ...