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 ...

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 ...

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, ...

The Jewelers Board of Trade (JBT) has named Jeffery Corey of H. E. Murdock Company as chairperson for a one-year term. As well as choosing him as chairperson, the group also reelected him to the board ...

Lugano Diamonds CEO Moti Ferder has stepped down as the company faces an internal investigation into financial irregularities its parent company, Compass Diversified (CODI), uncovered. The departure ...

Speculation has been building over the past month and a half that De Beers had been offering discounts to selected sightholders since early this year. It was unclear how many of them were getting ...

A sapphire ring will be the star of an upcoming jewelry auction at Christie’s in Hong Kong, carrying a price tag of up to HKD 95 million ($12.2 million). The piece, which features an antique ...

Burgundy Diamond Mines will work directly with manufacturers, traders, jewelers and luxury brands to make direct deals for the sale of rough diamonds from its Ekati mine in Canada. The collaborations ...

The ninth edition of Swiss gem and jewelry trade show GemGenève will open its doors in Geneva on Thursday, with an enlarged floorspace and a general sense of optimism among exhibitors, even under the ...

Hong Kong’s retail sales fell in March amid a slowdown in demand for luxury goods in the municipality, although the decline was more moderate than the previous month. Revenue from jewelry, watches, ...

RAPAPORT PRESS RELEASE, May 6, 2025, Las Vegas… Diamond prices rose sharply at the beginning of April in response to announcements of new U.S. import tariffs, and then stabilized later in the month ...