Playing the Long Game with $1.5bn Mine
May 14, 26 by John JeffayAll is not well in the world of diamond mining. Owners of Ekati, in Canada's Northwest Territories filed for insolvency protection last week, just months after agreeing almost $130 million in federal loans. In South Africa, the troubled Ekapa mine is up.... Read More...
Criminals Cash in as Gold Prices Soar
May 07, 26 by John JeffayThe price of gold is soaring. And it's not just jewelers and the public who are aware. It's also criminals. So says Scott Guginsky, executive vice president at the Jewelers' Security Alliance (JSA) and a former NYPD Det Sgt who led a team tackling... Read More...
Blue-Green Wonder is Beyond Rare
April 30, 26 by John JeffayBlue diamonds are rare, green diamonds are rarer still. But diamonds with both a blue and a green hue are virtually unheard of. That's why the upcoming auction of the 5.50-carat fancy vivid blue-green Ocean Dream at Christie's Geneva next month is... Read More...
Time in Space: If it Ain't Broke . . .
April 23, 26 by John JeffayTelling the time on the Moon isn't so easy. You have two weeks of "day", followed by two weeks of "night", so looking out of the window isn't going to help. You need a reliable wristwatch. The crew of Artemis II were all wearing one - with a specially.... Read More...
After Diamonds . . . Botswana's Big Discovery
April 16, 26 by John JeffayIt 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...
Swift Way to Sell the Diamond Dream
April 09, 26 by John JeffayIt's a masterstroke by Taylor Swift. The entrepreneur, brand builder, influencer, philanthropist (and singer/songwriter) puts diamonds front and center in her latest video, a homage to the late, iconic Elizabeth Taylor and her equally iconic jewelry collection... Read More...
Will the Next Cut be Human or AI?
April 03, 26 by John JeffayAI can do pretty much anything these days. But there are some areas where humans still excel . . . such as inventing a new diamond cut. Jacob & Co, watchmaker of choice for the uber-wealthy, has just introduced the Angel Cut, with 37 facets... Read More...
Survival of the Fittest
March 26, 26 by John JeffaySignet and De Beers, titans of the diamond world, both revealed plans in recent days to consolidate their operations. It's survival of the fittest. The phrase dates back to Charles Darwin and his evolutionary theory, although it was actually coined by another ... Read More...
Lucara's True Blue Wonder
March 20, 26 by John JeffayLucara is no stranger to exceptional diamonds. And exceptional prices. Its 1,109-carat Lesedi La Rona sold for $53m and the 813-carat Constellation for $63m, both as rough stones. They were both colorless gems. This week it announced the recovery of a... Read More...
Story Behind Alrosa's Surging Profits
March 12, 26 by John JeffayLucara profits for FY2025 are down 35%. Petra Diamonds losses for the year are up by 67%. And Mountain Province net losses for the first nine months of the year are up by almost 600%. Against that dismal backdrop, Alrosa, the sanctioned Russian miner... Read More...
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