Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...

Bloomberg reported Monday on the price cuts that unnamed sources told the outlet the diamond miner and seller had applied to their initial sale of the gems to sightholders for the year. With the move, ...

Natural diamonds are losing their sparkle. What will it take to restore it? After a postpandemic surge in demand in 2021 and ...

Diamonds have lost their twinkle in the eyes of the consumer, and industry professionals are sounding the alarms. “The diamond industry is in trouble,” Ankur Daga, founder and CEO of e-commerce ...

During Q1 2023, Mountain Province Diamonds booked record quarterly revenues, EBITDA, and net income, and the TTM earnings per share stand at C$0.26 ($0.19). I think that the next few quarters are ...

The bidding did not reach the unspecified reserve price. — -- After much admiration and anticipation, the world’s largest uncut diamond failed to sell at a public auction Wednesday night. The ...

Raw diamond mining declines globally due to the excess of cutters’ inventories, Boris Krasnozhenov said MOSCOW, April 1. /TASS/. Raw diamond prices may increase in the second half of 2025 if the ...

Forbes contributors publish independent expert analyses and insights. Desperate times call for desperate measures, an old saying which explains why the world’s diamond miners have started “high ...

Emphasising the critical need for market stabilisation, Robert Bouquet discusses the multifaceted challenges confronting the ...

The owner of a mine in Northwest Territories will receive a $115 million loan from the federal government to keep operations ...

In this article, we will take a look at the 11 Diamond Mining Countries in the World by Carats. You can also check out 10 Cheap Alternatives to Diamonds For Engagement Rings for our discussion of the ...

The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest. By Elizabeth Paton Elizabeth Paton covers the international ...