De Beers takes ‘flexible’ approach to rough diamond sales
De Beers Group today announced the value of rough diamond sales for the sixth and seventh sales cycles of 2020....
International
Jewellery industry news from around the world.
Tiffany sues LVMH over merger agreement
Tiffany & Co has filed a lawsuit against LVMH in relation to a prior merger agreement that set out Tiffany’s...
Tiffany unveils renovation plans for flagship store
Tiffany and Co has unveiled the exterior renderings regarding the renovation of its Fifth Avenue flagship store. The upper addition...
De Beers publishes diamond industry insights
The CEO of De Beers Group has shared a range of key insights for the diamond trade ahead of the...
Alrosa unearths 236-ct diamond
Almazy Anabara, a subsidiary of the Alrosa Group, has unearthed a 236-ct rough diamond of “intense” yellow-brown colour in Russia. ...
Diamcor cuts costs as average prices rise
Diamcor has announced it will continue efforts to implement short-term operational changes and cost reduction efforts at its Krone-Endora at...
Gem Diamonds sales rise in H1
Gem Diamonds has announced that it generated $29.4m (£22.3m) in its half-year results, after 16 diamonds sold for more than...
De Beers jobs at risk following poor sales
De Beers has announced that total revenue plummeted 54% to $1.2bn (£920m) in its half-year results, with rough diamond sales...
Diamond sales plummet at De Beers
Rough diamond sales at De Beers slumped by 96% to $56m (£44.6m) in the second quarter of the year, down...
Alrosa sales tumble in June
Diamond mining giant Alrosa saw sales plummet 86% year-on-year to $31.3m (£25m) in the month of June, attributing the fall...
