Security Guard Charged with Murder after Jewelry Theft Shooting
October 21, 26
A security guard has been charged with murder after fatally shooting a man accused of smashing a jewelry display case and stealing gold necklaces from a kiosk inside a shopping center in Fort Worth, Texas, USA. Tyron Henton, 31, was arrested and charged ... Read More...
Rare 9-ct Pink Diamond on Display 100 Years after Theft
October 21, 26A rare nine-carat pink diamond that was stolen from a French chateau nearly 100 years ago went on public display this week. The pear-shaped Grand Conde diamond was stolen during an overnight raid at the Chateau de Chantilly in northern France, about ... Read More...
Namibia Diamond Miners Seek Government Funding as Prices Slump
October 20, 26Namibia's two main diamond mining companies, the land-based miner Namdeb and offshore operator Debmarine Namibia, have asked the government for financial assistance as falling diamond prices erode revenues. Namdeb Holdings, the holding company... Read More...
US Holiday Sales to Top $1 Trillion, but Jewelry Faces Spending Pressure
October 20, 26US holiday retail sales are forecast to rise 4.2% year on year to $1.013 trillion in November and December, but consumer research points to pressure on jewelry spending. The National Retail Federation (NRF) issued its forecast on October 15, predicting that ... Read More...
Family's $200,000 Attic Jewelry Collection Heads to Auction
October 19, 26More than 200 antique and vintage jewels that were stored in a family's attic for decades are to be sold without reserve at auction in the UK, with a presale estimate of £150,000 ($200,000). The collection, spanning more than 200 years of jewelry design, will be ... Read More...
Memo by John Jeffay
October 15Why would anyone invest millions of dollars reopening a diamond mine when other mines are closing, suspending operations or cutting production, when prices are weakening, when demand is under pressure, and when the outlook for the industry is, to say the... Read More...