Botswana and Angola in Race for De Beers

November 10, 25 by John Jeffay

Mining ministers from Botswana and Angola met on Friday (7 November) as both countries seek control of the loss-making De Beers diamond company. It remains unclear if they'll go head-to-head in a bidding war, with each vying for a majority share... Read More...

Century-Old Riddle of Florentine Diamond Finally Solved

November 10, 25 by John Jeffay

The riddle of the iconic Florentine Diamond, which was missing for over a century, has finally been solved. The 137.27-carat pale yellow gem, set in a brooch, was, it turns out, safely stored in a Canadian bank vault all that time. It was among the royal... Read More...

Russia Doubles Rough Exports to India in August

November 09, 25 by John Jeffay

Russian exports of rough diamonds to India more than doubled during August, according to India's Ministry of Commerce and Industry. They surged by 134 per cent to $31.3m compared with sales for the same period in 2024, reflecting a significant short-term.... Read More...

Star Diamond Revives Fort a la Corne Plan

November 09, 25 by John Jeffay

Junior miner Star Diamond has secured funding to revive plans for a possible mining operation in the Canadian province of Saskatchewan. Diamonds were first discovered, at the Fort a la Corne provincial forest, a remote area northeast of the c... Read More...

Auction Debut for Taylor Swift's Jewelry Designer

November 07, 25 by John Jeffay

The jewelry designer who created Taylor Swift's engagement ring will make her auction debut at Sotheby's next week. Kindred Lubeck was catapulted to fame in August when it was revealed she designed the $500,000-plus Old Mine cut diamond ring that ... Read More...

Memo by John Jeffay

November 06

That was the question Eddy Elzas asked back in the 1970s. And that's why he, more than anyone, has been credited with "inventing" the modern-day colored diamond market. At the time nobody in the industry saw the potential of colored diamonds like Elzas...  Read More...