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Anglo American to Sell De Beers in ‘Radical’ Restructure
The move forms part of major structural changes to simplify the Anglo American portfolio and deliver growth.
Red Diamond Sets Records at Second Phillips Geneva Auction
Sale also featured 6.21-carat pink that netted $12 million.
Most Popular
Standard line of I to J stones will retail at $500 per carat.
Lab-Grown
May 12, 2024
Reductions aren’t enough to ease profitability concerns, sightholders say.
Rough
May 7, 2024
1-carat RAPI down 3.5% in April.
Industry
May 7, 2024
For sale: Diamond miner with unprecedented political challenges operating in the toughest market for years.
Mining
May 2, 2024
Sales and output fell in first quarter due to sluggish market.
Mining
April 30, 2024
Jewelry and Watch Trends: Rapaport Magazine Highlights
Rapaport Magazine Checks Out Trending Fancy Cuts
Consumers are exploring diamond shapes beyond the classic round brilliant, offering designers broader opportunities.
Industry
April 3, 2024
Geoff Hess of Sotheby’s Talks Vintage Timepieces
Face to Face: The auction house’s head of watches for the Americas reflects on the latest trends and connoisseurs’ most coveted models.
Watches
April 2, 2024
Today’s Signet Rings Are Moving Away from Monograms
Seals of approval: Personalized and one-of-a-kind styles are leading the pack, with designs that look to the future rather than connecting to the past.
Jewelry
April 2, 2024
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Market Comment - May. 09, 2024
Slow sales impacting prices. IF-VS weakening. 1 ct. RAPI -3.5% in Apr.; prices of round, 1 ct., D-H, SI +1%.
Finest-cut fancy shapes strong in larger sizes. Marquises moving well.
India manufacturing fewer goods ahead of summer vacation.
De Beers reduces prices at May sight: 3-grainer and smaller rough by 4%-6%, caraters by 4%. Sightholders still struggling to profit.
EU proposes exempting pre-Jan. 2024 rough and pre-Mar. polished from Russian sanctions.
Trade preparing for Las Vegas shows amid uncertain US consumer demand.
Richemont acquires Italian jeweler Vhernier.