Releasing its eighth annual global diamond report prepared in conjunction with the Antwerp World Diamond Centre, Bain & Company said that “the diamond industry – just like the luxury market – remains resilient against global socio-economic turmoil”.

Signet Jewelers Ltd, the world's largest retailer of diamond jewellery, said that total sales rose 3.3% to US$ 1.19 billion for the 13 weeks ended November 3, 2018 (Q3 FY’19), with a positive performance across its different banners and a strong surge in E-Commerce sales, which now account for 10% of overall turnover.

Lucapa Diamond Company Limited, reporting the recovery of a large stone from the Mothae kimberlite mine in Lesotho (Lucapa 70%; Government of Lesotho 30%) said that the early recovery of a 78 carat white diamond through its new plant “highlights Mothae’s large stone potential”.

Stornoway Diamond Corporation has said that all the remaining tranches of its previously announced financing package of C$ 129 million have now been received with the completion of a $ 10 million private placement with Ressources Québec inc. (RQ), acting as agent for the Government of Québec.