In December 2015, Anglo American’s leaders informed investors of a restructuring: The mining giant would be cutting 85,000 jobs, selling some of its noncore assets, and streamlining the business into ...

Schlick has been with PGI for nine years, joining as chief strategy officer in 2015 and serving as its chief operating officer before he began his new appointment. He has previously worked for ...

Goods that sell in the US don’t necessarily sell in China. India is really two markets. And who wants to buy top-clarity diamonds? Rapaport Senior Analyst Joshua Freedman reports.

De Beers has reduced its production outlook for this year amid ongoing sluggishness in the diamond market and following a decline in first-quarter sales. The miner expects to unearth 26 million to 29 ...

An upcoming live jewelry auction at Bonhams Hong Kong will showcase an important single-owner collection of Cartier pieces alongside some impressive stones. Leading the May 26 sale will be a ...

Sotheby’s will offer an emerald and diamond necklace from the collection of Spanish socialite Yolanda Eleta de Fierro in Paris, expecting the piece to fetch up to $800,000. The jewel is composed of a ...

Sales of rough from Mountain Province’s Gahcho Kué mine in Canada dropped in the first quarter amid slow demand and weak prices. Diamond sales fell 31% year on year to $66.1 million for the three ...

Gem Diamonds’ revenue rose in the first quarter as demand for rough from its Letšeng mine in Lesotho began to return. Sales grew 17% year on year to $43 million for the three months ending March 31, ...

Overall sales at Luk Fook grew 5% in the fourth fiscal quarter as the influx of tourism to Hong Kong returned to normal and the price of gold soared. Sales in Hong Kong and Macau climbed 10% year on ...

The amount US consumers will spend on jewelry this Mother’s Day will take a small dip as more shoppers look for unique offerings and gifts of experience, according to a survey by the National Retail ...

Kering’s jewelry and watch divisions saw solid sales in the first quarter amid challenging conditions in the Asia-Pacific market and its wholesale business that affected the company’s overall ...

The Antwerp World Diamond Centre (AWDC) has appointed Karen Rentmeesters as its interim CEO following Ari Epstein’s resignation. She will assume the new role on Tuesday, the organization said Monday.