Mountain Province Q2 Losses Widen to $87m
August 23, 26
Mountain Province Diamonds posted a net loss of CAD120.6 million (USD 86.9 million) for the quarter ended 30 June as it faced a sharp drop in diamond prices and unrealized foreign-exchange losses from a weaker Canadian dollar. That's an increase of ... Read More...
Chow Sang Sang Expects First-Half Profits to More Than Double
August 23, 26Chow Sang Sang, the Hong Kong-based jewelry retailer, says it expects to report profit more than doubling in the first half of 2026 when it releases its full interim results on August 26. The company said it sold more jewelry across its key markets of mainland ... Read More...
Dvash is New Chairman of Okavango Diamond Company
August 23, 26Yoram Dvash, former president of the World Federation of Diamond Bourses (WFDB), has been appointed chairman of the board of Botswana's state-owned rough-diamond marketing company, Okavango Diamond Company (ODC). He succeeds... Read More...
India Approves Landmark Tax Break to Boost Rough Trade
August 22, 26India's parliament has passed a 15-year income tax exemption for foreign companies selling rough diamonds through its Special Notified Zones (SNZs). The move is designed to transform India from the world's leading diamond cutting and polishing... Read More...
Ronaldo's Bride Wears Queen of Kalahari Collection
August 20, 26Spanish-Argentine model and TV personality Georgina RodrÃguez wed Portuguese football superstar Cristiano Ronaldo last week, wearing gems from a six-piece high-jewelry suite that was cut from a single 342-carat rough diamond. Chopard acquired... Read More...
Memo by John Jeffay
August 20The world's second-biggest rough diamond has, finally, found a buyer. The discovery in August 2024 of what is now known as the Motswedi diamond, at Lucara's Karowe mine, in Botswana, grabbed headlines far beyond the diamond media. At 2,488 carats ... Read More...