Australia-based diamond miner Lucapa Diamond Company Ltd. is considering all options for the divestment of its 70% stake in the Mothae diamond mine in Lesotho following a recent review of its asset…
Throughout 2024, the scope of Western sanctions targeting Russian diamonds is expected to expand, potentially impacting diamonds as small as 0.5 carat starting from September 2024. However, diamond industry expert Paul Zimnisky…
Fitch Ratings has upgraded Signet Jewelers Limited’s and Signet Group Limited’s ratings, including their Long-Term Issuer Default Ratings, to ‘BB+’ from ‘BB’. The Rating Outlook is Stable. Fitch’s confidence in Signet’s ability…
Anglo American plc announced that it will demerge its business, creating a new company focused on diamonds. The new company, which will include De Beers, will be a leading global diamond producer.…
Discover the fascinating appeal of hip-hop’s most legendary jewellery at the American Museum of Natural History’s newest exhibition, “Ice Cold: A Showcase of Hip-Hop Jewelry.” Opening on May 9, this exhibit celebrates…
India’s economic landscape is now poised for even greater brilliance as the industry steps into the realm of Authorised Economic Operator (AEO) Programme. Siddharth Surana, Director, RSM India, unveils the prospects that…
The UN-mandated Kimberley Process (KP) Intersessional meeting opened in Dubai, UAE, on 13th May with resounding calls to accelerate consensus and decision-making to secure the long-term security, efficiency and operationalisation of the…
With 2024 being declared the “Year of Delivery” by the Chair of the Kimberley Process (KP), World Diamond Council (WDC) President Feriel Zerouki reminded delegates of the KP Intersessional meeting in Dubai…
The Board of Anglo American issued a statement in response to the revised $42.7 billion proposal from BHP Group Limited, confirming its rejection of the offer. On 7th May 2024, the Board…
Retail jewellers experienced a significant influx of customers during the auspicious jewellery-buying festival of Akshaya Tritiya, occurring on 11th May 2024. Amidst gold prices standing at Rs. 73,000 per 10 grams, customers…