The R&M “Lettre”

Lucapa Diamond Company sold $16.7 million worth of rough stones from its Lulo mine at the first diamond tender under Angola’s new sales rules.

If you walked into a Tiffany & Co. store shortly after the new year, you might have noticed something different in the cases where the jeweler displays its engagement rings. 

De Beers’ rough-diamond sales slowed in January as a disappointing holiday season piled further pressure on the midstream.

Shedding light on every diamond: is this a selling point? A few weeks ago, I read an interesting article in a French magazine, which was pondering applications that decipher the ingredients in cosmetics labeling.

LVMH, a titan in the world of luxury goods, reported strong full-year results with watch and jewelry sales climbing by a double-digit percentage. 

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector.

Press release – ALROSA, Luxury Jewelers Resource Group to be recognized for community-building efforts.

Mouawad has manufactured a 54.21-carat polished yellow stone, which, it claims, is the largest of its shape and color the Gemological Institute of America (GIA) has ever graded.

Swiss watch exports fell in December, with a sharp decline in China outweighing growth in other markets. 

Lucara has announced the recovery of a 240-carat rough diamond from its Karowe diamond mine in Botswana.

US$505 millions (provisional)

If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is currently at historic low levels.