Auction Planned for Closed Ekapa Mine
May 12, 26
Provisional liquidators are trying to sell the troubled Ekapa mine, in South Africa, where operations ceased after five workers died in a mud rush in February. They aim to sell core assets and mining rights via a formal auction, targeting domestic and... Read More...
Industry Fears over Modi's "Don't Buy Gold" Plea
May 12, 26India's Prime Minister Narendra Modi has called on the country's 1.4 billion people to stop buying gold for a year, as part of a broader austerity program. The jewelry industry warned the move could dent sales and threaten millions of jobs. Speaking at a... Read More...
Jeweler Accused of Stealing $40,000 from Customers
May 11, 26A jeweler in the US has been arrested on suspicion of stealing almost $40,000 from customers who asked him to appraise or sell their valuables. Ira Savoie, aged 71, is alleged to have stolen items including a Rolex and an antique gold pocket watch... Read More...
A Treasured History: The "Two Matilda" Sale
May 11, 26A vast family-owned collection of almost 400 jewelry and other items, many by Faberge, Cartier and Tiffany, is expected to sell for tens of millions of dollars when it is auctioned by Christie's New York next month. The Stream Family Collection was assembled... Read More...
Slight Drop in Fancy Color Diamond Prices
May 09, 26Prices of fancy color diamonds slipped slightly during the first three months of 2026 the FCRF (Fancy Color Research Foundation) said yesterday (9 May). The overall Fancy Color Diamond Index was down 0.2%, following on from a 0.1% drop during Q4 2025... Read More...
Memo by John Jeffay
May 07The price of gold is soaring. And it's not just jewelers and the public who are aware. It's also criminals. So says Scott Guginsky, executive vice president at the Jewelers' Security Alliance (JSA) and a former NYPD Det Sgt who led a team tackling... Read More...