Tiffany training Africans to cut diamonds sourced from region

2019-04-15 11:07

Tiffany & Co has been expanding its workforce in sub-Saharan Africa - a region of almost one billion people where the jewelry giant doesn't have a single store.

De Beers sales sputter again as cheap diamonds remain unloved

2019-03-05 14:57

De Beers is having the worst start to a year since at least 2016, in the latest sign of difficulties plaguing the global diamond industry.

Petra slumps as it digs up too many cheap South African diamonds

2019-02-08 14:45

Petra Diamonds have fallen the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.

Miners find chicken-egg sized diamond in Canada's frozen north

2018-12-15 11:27

The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s frozen north.

De Beers will allow buyers to reject cheap diamonds

2018-09-03 22:00

De Beers is allowing its diamond buyers to refuse some lower-quality stones at its sale this week, according to people familiar with the situation.

Saica charges diamond dealer’s accountant

2018-08-05 11:49

A South African Institute of Chartered Accountants (Saica) member, Munroe Swirsky, is accused of failing to return confidential documents to his diamond dealer former client.

De Beers shakes up the synthetic diamond market

2018-06-18 13:17

The mining giant has launched its own line of artificial stones, but some fear this move might backfire, and impact the price of real diamonds.

De Beers to start selling laboratory-made diamonds

2018-05-30 07:35

De Beers is moving to sell diamonds made in a lab rather than formed underground over billions of years.

Petra Diamonds to raise $178m selling shares to cut debt

2018-05-25 22:59

Petra Diamonds plans to raise $178m from shareholders as the gem miner seeks to cut a debt load that has seen it breach its banking terms.

Botswana president eyes jobs in new 'marriage' with De Beers

2018-05-16 13:09

Botswana’s president, Mokgweetsi Masisi, wants a new long-term diamond-sales pact with De Beers when the current 10-year deal expires in 2020.


PICS: Giant diamond over 300 carats unveiled

2019-04-10 18:31

A giant diamond of 302.37 carats was unveiled to the world by Graff jewellers on Wednesday evening.

There are 2 telltale signs that a diamond is fake, according to a woman who designs and sells 6-figure engagement rings

2019-02-13 18:49

Nicole Wegman, founder and CEO of Ring Concierge, a company that designs custom engagement rings, says there are 2 ways to tell if a diamond is fake.

WATCH: Largest North American diamond in NYC

2019-01-31 11:43

The largest diamond ever discovered in North America will be on display in New York City for the next several days.

Zimbabwe may let foreigners own majority stakes in diamond mines

2018-12-05 12:08

Zimbabwe’s government may allow foreign investors to hold controlling stakes in diamond mines on condition that part of their output is reserved for domestic downstream industries.

Even more bling beneath the Earth's surface – and scientists think they know why

2018-08-07 06:44

A cache of diamonds like the world-famous, rare blue Hope diamond lies hundreds of kilometres beneath the Earth's surface. Now, scientists think they know why these precious stones lie buried so deep.

There are over a quadrillion tons of diamonds lurking 160km below the Earth's surface, according to scientists

2018-07-17 15:31

The diamonds are impossible to mine, however: They're located far deeper than any drills are capable of reaching.

Zim gives up on Mugabe summons to explain missing diamond billions - for now

2018-06-13 10:21

The Zimbabwean Parliament has given up on bringing former president Robert Mugabe before a committee to explain the alleged disappearance of diamonds worth $15bn under his administration.

Zim parly talks tough after second Mugabe no-show amid missing diamond billions

2018-05-29 21:21

Zimbabwe's parliament says it will write ex-president Robert Mugabe a final letter to give evidence about the diamond sector in which $15bn went missing, after he ignored a summons for the second time.

Mugabe under scrutiny in bid to trace Zim's missing diamond billions

2018-05-23 22:00

Former Zimbabwean president Robert Mugabe was scheduled to appear before parliament, after the country's diamond mining industry reportedly lost more than $15bn through illegal activities.

Lab-grown diamonds are hot among younger people

2018-05-12 09:43

More cost-conscious millennials are turning tradition on its head and opting for lab-grown diamonds, which can cost up to 30-40% less than mined diamonds.

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