Gemfields Recovers its Biggest Ever Emerald
August 28, 25
Gemfields has recovered a huge 11,685-carat emerald - the biggest from its Kagem mine, Zambia, and possibly the biggest in the world. The gemstone, called Imboo (the 'buffalo' in the local Bemba and Lamba dialects), eclipses the 7,525-carat ... Read More...
Michael Hill Revenue Flat in Challenging Market
August 27, 25Australia-based jewelry retailer Michael Hill International says revenue for FY 2025 - the year to 29 June 2025 - was broadly flat compared with the previous year, down 0.2 per cent to AUD 643.7m (USD 431.3m). Trading conditions remained... Read More...
It Cost How Much? Taylor Swift's Engagement Ring
August 27, 25Taylor Swift is engaged - and for the diamond world that means intense speculation about the size, the spec and the price of her diamond. What we do know is that Travis Kelce, an NFL player for the Kansas City Chiefs, presented her yesterday ... Read More...
India's Rush to Beat 50% US Tariffs on Diamonds
August 26, 25Diamond manufacturers in India have been rushing to dispatch goods to the US to beat tomorrow's deadline, when tariffs double from 25 per cent to 50 per cent. The additional 25 per cent tariff, imposed by President Donald Trump to punish India ... Read More...
Alrosa Develops AI for Diamond Prospecting
August 26, 25Alrosa says it has developed an AI-based system to help identify hard-to-find diamond deposits. Russia's state-controlled miner said in a statement published on 21 August that the technology will "allow more accurately identifying promising areas... Read More...
Memo by John Jeffay
August 20It took more than a year to plan the theft of a $25m pink diamond. And it took Dubai Police just eight hours to crack the case, locate the gem and arrest three suspects, according to a statement issued on Monday (18 August). They also rushed out a slick two-and-a-half Read More...