My Boyfriend Proposed with 100lbs of Sapphire Gravel

April 20, 26 by John Jeffay

It was a proposal with an unusual twist - 100lbs of sapphire gravel instead of the more traditional diamond ring. She said yes - and the couple then set about picking through every single stone in search of the perfect gems to have heat-treated for her ... Read More...

Alrosa Reports Surge in Sale of Investment Diamonds

April 20, 26 by John Jeffay

Alrosa says sales of VAT-free investment-grade diamonds surged by 40% last year. The sanctioned miner is increasingly polishing and selling colorless gems (over 2 carats, D to F color, IF to VS2 clarity) and fancy color stones to wealthy clients of ... Read More...

Record Revenue for Kering's Jewelry Brands

April 19, 26 by John Jeffay

Kering's jewelry brands delivered their highest ever revenue in Q1, despite the French conglomerate reporting a 6% drop, year-for-year, across all its operations. The Boucheron, Pomellato, DoDo, and Qeelin jewelry houses reported a combined increase... Read More...

Raiders Shatter Reinforced Glass in Jewelry Heist

April 19, 26 by John Jeffay

Robbers armed with sledgehammers smashed their way through a jeweler's reinforced storefront in seconds, then fled with goods worth an estimated $1 million. Owners of the family-run store say they spent $17,500 last year on special, protective... Read More...

LVMH Watch and Jewelry Revenue Slips

April 16, 26 by John Jeffay

LVMH said reported revenue for its watches and jewelry division slipped by 2% in the first quarter of 2026, reflecting currency and other external factors. But on a like-for-like basis, the underlying business performed well, with the highest organic growth... Read More...

Memo by John Jeffay

April 16

It was in March 1967 that diamonds were first discovered in Botswana, at the Orapa kimberlite pipe. They transformed the fortunes of one of Africa's poorest countries almost overnight. It was in January 2026 that rare-earth elements were first discovered...  Read More...