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Latest News & Stories

Pigeon's Blood Ruby Ring could sell for $4.5m

A ring with diamonds and a giant 8.11-ct pigeon's blood ruby - so-named because of its vivid crimson hue - is to be sold by Christie's Hong Kong with a high estimate of $4.5m. It will lead the ... Read More..

 
Fraud Beater: Laser-Inscriptions Below the Diamond's Surface

A diamond tech company is introducing laser inscriptions below the stone's surface, to deter fraud. That means the unique identifier can't be removed without dramatically altering the stone... Read More..

Bank Failed to Spot Jeweler's $500m Money Laundering Scam

A British high street bank is facing a huge fine for failing to prevent a jewelry wholesaler from laundering almost $500m. NatWest could be ordered to pay up to $463m following an historic... Read More..

 
Signet to buy Diamonds Direct for $490m

Signet is set to buy the jeweler Diamonds Direct in a $490m cash deal. The retailer, based in Charlotte, North Carolina, operates 22 freestanding off-mall stores in 13 US states, largely... Read More..

Diamond Miners Move out of Zimbabwe School after Three-Year Row

Miners in Zimbabwe have finally bowed to pressure from villagers and dismantled a camp built at a local school three years ago. Murowa Diamond Company, owned by RioZim, angered residents... Read More..

 
De Beers Founder was Colonialist and Exploiter, says Oxford University

The controversial statue of Cecil Rhodes remains in place at Oxford University, but a plaque now explains that he "obtained his fortune through the exploitation of minerals, lands and people ... Read More..