Alrosa, the Russian diamond mining company under international sanctions, experienced a significant decline in revenue for the quarter ending June 30. The company’s revenue fell by 34% compared to the…
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Diamond workers in India are worried about widespread job losses as the global recession continues. They are calling for government intervention to address the crisis affecting the diamond industry. The…
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The UK’s Serious Fraud Office (SFO) has been asked to look into the collapse of Vashi, a luxury diamond jewelry brand that owes $170 million. The investigation also includes the…
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Plans for the European Union’s first diamond mine in eastern Finland are moving forward after a court resolved a land dispute with local farmers. Irish exploration company Karelian Diamond Resources…
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China’s diamond market is struggling, primarily due to the lingering effects of its one-child policy and a drop in marriage rates. The slow recovery from strict COVID-19 lockdowns is often…
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Sales at Indian diamond manufacturer Asian Star plummeted in the first fiscal quarter, reflecting a slowdown in global demand for diamonds. The company’s consolidated revenue, which includes operations in the…
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A & C Gem Trading has launched a new showroom in New York’s diamond district, specializing in precious and semiprecious colored gemstones. This showroom is designed to serve as a…
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US retail sales rose by 1% in July compared to the previous month, driven by back-to-school purchases and promotional deals, according to data released by the US Census Bureau last…
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Birthstones are more than just precious gemstones; they hold deep cultural significance, spiritual meaning, and personal symbolism. For those born on August 20th, the birthstone that represents their unique birthdate…
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Birthstones have long been cherished for their unique beauty and symbolic significance. Each month has its designated stone, and August is no exception. For those born on August 19th, the…
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