News

Russian miner Alrosa has caught an employee allegedly exchanging low-value diamonds for more expensive ones, which, together with accomplices, she then sold to Armenian smugglers. Following an ...
Jewelers of America (JA) has revealed the names of the six jewelry trade associations that will receive its inaugural Impact Initiative grants. The initiative is a multifaceted program aimed at ...
Israel has expressed opposition to Qatar’s candidacy for Kimberley Process (KP) chair, threatening the diamond certification scheme’s ability to find a new leader. Qatar is currently the only country ...
Jewelers of America (JA) has promoted Amanda Gizzi to senior vice president of corporate affairs. Gizzi most recently served as the organization’s director of public relations and events, JA said ...
US retail sales fell in May compared to the previous month as consumers slowed down on stocking up ahead of tariffs. Revenue slid 0.9% month on month — adjusted for seasonal variation — to $715.4 ...
Gemfields will inaugurate a second ruby-processing plant at its Montepuez site in September, expecting to triple the mine’s overall ore capacity. The company’s new facility in Mozambique will increase ...
The US Customs and Border Protection (CBP) seized five shipments carrying nearly 2,200 pieces of counterfeit jewelry valued at over $25 million. The first packages customs confiscated in Louisville, ...
The Gemological Institute of America (GIA) has appointed Pritesh Patel as its president and CEO, to succeed longtime chief Susan Jacques, who is retiring. Patel joined the institute in 2015 as chief ...
The Gemological Institute of America (GIA) has updated the terms it will use to describe lab-grown on reports, to distinguish them further from natural diamonds. The new nomenclature will use ...
Botswana President Duma Boko had to try twice to inject some energy into a sleepy audience at the annual World Federation of Diamond Bourses (WFDB) gathering in New York. It was the morning after the ...
Digital diamond-trading marketplace Clara has named Itay Ariel and Roni Rydlewicz to oversee its global strategy amid the company’s rapid growth. Under the new leadership, the platform, which matches ...
Sales of luxury goods in Hong Kong fell 1.7% year on year in April, an improvement from the previous month’s 3.4% decrease. Revenue from jewelry, watches clocks and valuable gifts totaled HKD 3.69 ...