President Duma Boko has called for every diamond from Botswana’s mines to remain in the country for manufacturing, signaling a major policy shift, according to a local report. “We are moving to a ...

Botswana President Duma Boko has announced plans for the termination of over 1,000 workers at Debswana, the government’s joint venture with De Beers. Boko made the declaration at a recent address to ...

The Jewelers Board of Trade (JBT) has appointed Andrew Rickard as president, to succeed Erich Jacobs. For the past five years, Rickard has served on both the board and executive board of JBT, ...

Revenue at Watches of Switzerland rose for the full year as US consumers spent in force following a brief pause after the initial tariff announcement. Group sales rose 7% to GBP 1.65 billion ($2.21 ...

Weak demand and a supply glut have created a perfect storm for manufacturers. But the only true solution is at the consumer level. Talking to diamantaires in recent weeks, one trend stands out. Indian ...

While the hands-on approach is still crucial, artificial intelligence is already a boon to mapping and polishing stones – and there’s more on the horizon. The diamond-manufacturing industry has made ...

Thailand has long served as a center for colored gemstones. Its ruby and sapphire deposits and its strategic location — neighboring the gem-rich nations of Myanmar (Burma), Cambodia and Vietnam — have ...

“For the ring finger, for every finger, I put them everywhere… diamonds, diamonds, diamonds, diamonds,” sings a diverse and strikingly beautiful group of models, actors, and fashion influencers to ...

Botswana President Mokgweetsi Masisi paused for a moment after stepping up to the podium to address the annual Natural Diamond Summit in Gaborone. As he looked through the marquee venue, aptly known ...

Jewelry retail in the US has been declining steadily for more than 20 years, and 2023 was no different. The number of jewelry retailers fell by 2.8% to 17,554 last year, according to the Jewelers ...

The discovery of the world’s second-largest rough has the potential to boost the natural-diamond industry and Botswana as a nation, says Lucara Diamond Corp. CEO William Lamb. The mining executive ...

Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. Meanwhile, De Beers’ rough-price index, which reflects like-for-like values, ...