Lucara, the Canadian diamond mining company, has revised its revenue forecast for 2024 downward by more than 25%. The adjustment is due to weaker sales of large diamonds and a…
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Kim Kardashian recently unveiled a stunning piece of jewelry: the amethyst and diamond pendant once worn by the late Princess Diana. Kardashian purchased the Attallah Cross for $197,000 at a…
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Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israel-based Lusix, a producer of synthetic diamonds, for $4 million. The two companies made similar offers when bidding for Lusix, which…
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The global diamond market is projected to grow by USD 42.72 billion between 2024 and 2028, with a compound annual growth rate (CAGR) of 8.09%, according to a new report…
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Facets of Fire has unveiled two new diamond shapes: the marquise and the pear. These diamonds are enhanced with the company’s cutting-edge nanotechnology, which incorporates hundreds of thousands of specially…
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A rare diamond necklace, estimated at around 300 carats, was the highlight of Sotheby’s Royal and Noble Jewels sale in Geneva, fetching $4.8 million. The necklace, which had not been…
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Lucara Diamond Corp. has revised its revenue forecast for the year after a decline in the proportion of large rough diamonds and weaker demand. The company now expects 2024 revenue…
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Canadian explorer Star Diamond has reported a loss for the third quarter of 2024, following its acquisition of the remaining share in a project in Alberta. However, the company also…
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A stunning emerald brooch once owned by the Aga Khan fetched $8.8 million at a recent Christie’s auction in Geneva, surpassing its estimated value and setting a world record for…
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A court in the US has ruled that a woman must return a $70,000 engagement ring, marking a significant shift in legal precedent. The decision, made by the Massachusetts Supreme…
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