Revenue from the Ekati deposit’s rough production fell during the fourth quarter as demand for lower-quality rough waned, according to owner Burgundy Diamond Mines. Sales from the Canadian mine ...

Find out what business opportunities Dubai has to offer, see the growth and the expansion of the business world in Dubai. Follow Martin Rapaport’s interviews with Dubai’s most important and ...

Diamcor Mining has received an investment from a Dubai-based diamond manufacturer that will allow it to advance various projects at its South African operation. The mining company, which operates the ...

The news at last week’s De Beers sight was what soccer fans might call “off the pitch.” The sale itself was uneventful. The miner left rough prices unchanged at the first cycle of the year after ...

Botswana President Duma Boko announced that the country was close to finalizing a new agreement with De Beers, with only a few minor issues left to resolve. Speaking to Reuters at the World Economic ...

De Beers has chosen Botswana’s first Olympic gold medalist, Letsile Tebogo, as its global ambassador. Tebogo will lead an initiative that honors Botswana’s diamond heritage through a collaboration ...

Lawrence “Larry” LeVian, described as a “visionary” leader in the jewelry industry, died last week at the age of 74. LeVian was the chairman of the family-owned business Le Vian, of which he and his ...

Revenue at Mountain Province fell in 2024 as a slowdown in demand resulted in weak rough prices. Sales of rough from the Gahcho Kué mine in Canada fell 20% to $195.2 million last year amid a ...

Retail sales at Hong Kong-based jeweler Chow Tai Fook fell in the third fiscal quarter amid overseas spending and continued high gold prices that dented consumer sentiment. Sales at the company ...

Sales at Michael Hill slipped in the first fiscal half as weakness in the New Zealand market outweighed holiday gains in Australia and Canada. Revenue for the six months that ended December 29 fell 1% ...