Mountain Province Sales Up, Prices Down
October 22, 24
Mountain Province saw third quarter sales rise 12 per cent to $50.8m, as prices remained "largely stable". The Toronto-based miner said that unlike many rough suppliers it hadn't canceled or postponed either of its two sales during the period... Read More...
.jpg)
"Open Secret": BHP Mulling New Anglo Bid
October 22, 24Speculation is mounting that BHP will make another bid for rival miner Anglo American, owner of De Beers. It is "an open secret" according to a Financial Times report that the Australian multinational is considering another move on... Read More...
Faberge Launches 007 Ruby Surprise
October 21, 24Faberge has launched a second, more affordable, piece in its James Bond-themed 007 collection. The 18k yellow gold locket marks the 60th anniversary of Goldfinger and is designed as an egg-shaped Fort Knox gold depository safe... Read More...
IDEX Online Launches Highly Competitive 'Buy Now Pay Later' Service as Part of IDEX Financing Suite
October 21, 24IDEX Online, a global leader in the B2B diamond industry, is delighted to announce the launch of its Buy Now Pay Later (BNPL) service. Accredited customers can now secure near-instant financing on diamond purchases via IDEX Online... Read More...
LVMH Watch and Jewelry Revenue Down 5%
October 21, 24LVMH saw revenue from its watch and jewelry division slip by 5 per cent during the first nine months of 2024 to $8.2bn. Across all its 75 maisons the French luxury conglomerate reported a 2 per cent dip for the same period, to $66.1bn... Read More...
Memo by John Jeffay
October 16It's been downhill since 2005. That was the year the diamond industry hit its all-time peak, in terms of carats recovered. And it's highly unlikely we'll ever reach that level again. "We must recognise that we are already past the peak for diamond supply, Moses Madondo... Read More...