Two Arrested after Jewelry Ram-Raid Leaves Employee Dead
August 24, 26
Two men have been arrested over a ram-raid at a jewelry store in Sacramento County, California, USA, that left a 72-year-old employee dead. The man was working at Chinna Jewelry, a family-owned and -operated business, on April 18, when he was struck by... Read More...
De Beers Sale Could Face 18 Months Of Regulatory Reviews
August 24, 26The long-awaited sale of De Beers could easily take 18 months to clear regulatory hurdles, says Duncan Wanblad, CEO of parent company Anglo American, once a deal is finally agreed. He told Miningmx, the South African mining publication, that such.... Read More...
Mountain Province Q2 Losses Widen to $87m
August 23, 26Mountain 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...
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...