G7 to Work on Restricting Trade in Russian Diamonds May 21, 2023 Countries will implement tougher curbs on trade and use of rough and polished, while UK has banned the stones completely. Industry
Sarine Revenue Drops Amid Economic Caution May 18, 2023 Group net profit was $800,000, down from around $3.4 million reported a year earlier. Industry
GSI Opens Third Lab in Mumbai May 18, 2023 Gemological organization reports increased demand for its services in the jewelry market. Grading
Blackstone Set to Buy IGI for up to $550M: Report May 18, 2023 US private-equity firm could sign deal with sellers this weekend, according to Indian media. Industry
US Retail Sales Gain as Inflation Eases May 17, 2023 April revenue up 0.4% from March and 1.6% year on year. Retail
Christie’s to Offer 127ct. Diamond Without Reserve May 17, 2023 D-color, internally flawless stone carries estimate of up to $15 million at New York Magnificent Jewels. Polished
De Beers Sales Slip in Uncertain Market May 17, 2023 May cycle brought in 21% less than a year earlier. Mining
Former London Diamond Bourse President Harry Levy Dies May 17, 2023 Exchange’s honorary life chairman made broad contribution to industry. Industry
De Beers Merges Two Auctions Amid Slow Market May 17, 2023 May and July sales will take place together. Industry
Bulgari Blue Diamond Rakes In over $25M May 17, 2023 Stone was most valuable jewel at recent Geneva auction season, says Sotheby’s. Polished