Signet is North America's Biggest Grossing Jeweler, Followed by Richemont
May 21, 26
Signet remained the biggest-grossing jeweler in North America by far in 2025, but Richemont replaced Walmart in the number two spot. LVMH slipped from fifth to six place and Macy's dropped from seventh to eighth place in National Jeweler magazine's annual... Read More...
High-Value Stones Boost Gem Diamonds' Revenue
May 21, 26Gem Diamonds reported higher revenue for Q1 2026, driven by large, high‑value recoveries, even though the total volume of rough sold was lower than usual. The company reported total revenue of $32.1 million for the quarter, which includes an exceptional parcel... Read More...
Governments of Botswana, Angola Join WFDB
May 19, 26The governments of Botswana and Angola have become affiliated members of the World Federation of Diamond Bourses (WFDB) in a move that signals closer ties between producer countries and the trading community. The announcement was made yesterday... Read More...
KP Must Meet Minimum Expectations, says Civil Society
May 19, 26The Kimberley Process must "think beyond superficial marketing adjustments" and meet its minimum expectations, the civil society observer body said in a hard-hitting assessment ahead of last week's KP intersessional meeting in Mumbai. The Kimberley ... Read More...
Production Halted at Murowa Diamond Mine
May 19, 26Production at the Murowa diamond mine, in Zimbabwe, has reportedly been suspended, as owners RioZim struggle to pay workers and creditors. The situation is "deeply worrying", according to Fred Moyo, the country's deputy minister of mines and .... Read More...
Memo by John Jeffay
May 14All is not well in the world of diamond mining. Owners of Ekati, in Canada's Northwest Territories filed for insolvency protection last week, just months after agreeing almost $130 million in federal loans. In South Africa, the troubled Ekapa mine is up.... Read More...