Production from the Ekati deposit in Canada slid 51% year on year in the third quarter as owner Burgundy Diamond Mines struggled with the shutdown of one of its pits in the challenging market. The ...

The Black in Jewelry Coalition (BIJC) and Jewelers of America (JA) have revealed the grant recipients from this year’s accelerator program. Katty Villapando Lyte and Mica Rencher of Shimmer Culture ...

Burgundy Diamond Mines is looking for external funding to allow it to continue operations at its Ekati mine in Canada’s Northwest Territories, citing financial challenges stemming from weak demand and ...

The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...

Israeli Finance Minister Bezalel Smotrich will include a proposition in the country’s 2026 budget to make the country a free-trade zone for diamonds, he said. Smotrich announced the move, which Israel ...

The White House has expressed a willingness to remove reciprocal duties on natural diamonds for select countries — but a full exemption is still some way off. US President Donald Trump “may be willing ...

On the surface, this week’s De Beers sight has been uneventful. The miner kept prices and flexibility rules the same as at the last sale. Demand remained split, with large rough selling and small ...

The US will increase tariffs on Indian goods to 50% starting later this month, President Donald Trump said Wednesday — a move that has sent the diamond industry into crisis. The duty will double the ...

Burgundy Diamonds believes it will continue to produce rough from a portion of its Ekati mine for another 15 years, nearly a decade longer than the two other deposits in Canada’s Northwest Territories ...

The Gemological Institute of America (GIA) and HRD Antwerp recently walked back their decision to grade lab-grown diamonds using the same method they did for natural, or, in the case of HRD, not to ...

It only takes a brief dip into jewelry archives to understand the role pearls have played in history. Pearls were, after all, the gem of choice for international nobility, and to some degree, they ...

Rio Tinto has unearthed a purple diamond weighing 0.45 carats at its Diavik mine, an unusual find at a site that generally produces white stones. A trace element like hydrogen or a twist in the ...