The African Diamond Producers Association (ADPA) has identified the six Kimberley Process (KP) members that vetoed the proposed new conflict-diamond definition last week. The participants at the KP ...

Canada-based miner Star Diamond has named a new chairman and interim CEO as part of a shake-up of its top team. The company has appointed Wayne Malouf, a director since August of this year, as ...

BHP Group has walked away from its latest attempt to acquire Anglo American, the owner of De Beers, the Australian miner announced Monday following the previous day’s reports of negotiations. “Whilst ...

Hong Kong jeweler Luk Fook is expecting to report a revenue and profit spike for the first half of the fiscal year, it said in an update. Although the company has not yet finalized the results for the ...

The Kimberley Process (KP) failed to reach a consensus on broadening the definition of conflict diamonds at last week’s plenary in Dubai, according to industry organizations. “While not unexpected, it ...

The Antwerp World Diamond Centre (AWDC) has introduced a digital customer-screening tool diamantaires can use to prevent money-laundering. Know Your Customer Portal (KYCP) is intended to identify ...

Swiss watch exports dropped in October as orders from the US normalized following a tariff-induced bump earlier this year. Shipments of luxury timepieces fell 4.4% to CHF 2.2 billion ($2.73 billion) ...

The US has agreed to limit import duties on Swiss goods to 15%, down from the current rate of 39%, the Trump administration announced Friday. The provisional deal is an important concession for the ...

Christie’s will offer a range of colored diamonds as the top lots of its upcoming Geneva sale, including a collection of 300 unmounted colored diamonds. Those stones will join the Mellon Blue diamond ...

Angola is upping its interest in De Beers from its previous ask of a minority stake to an offer to purchase owner Anglo American’s entire majority share. The move will help state-owned diamond ...

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 ...