The New York Magnificent Jewels sales at Sotheby’s and Christie’s featured some eye-catching diamonds and gemstones that fetched millions of dollars. We look at the top-grossing lots from those ...

Petra Diamonds has reduced its rough-pricing forecast for the remainder of the fiscal year as it grapples with continued weakness across most of its size categories. The miner now expects prices for ...

Alrosa’s output for the full year dropped 4.6% from 2023 as it cut back amid sanctions, waning demand and depressed rough prices. The Russian miner produced 33 million carats for the year, down from ...

The European Union has given the green light for a grant of EUR 81 million ($84 million) to support Diamond Foundry’s establishment of a facility in Spain that will produce rough for industrial ...

Manufacturing Jewelers & Suppliers of America (MJSA) has elected Edward DeCristofaro as its new board chair. DeCristofaro, who is president of jewelry manufacturer LDC, first held the position between ...

Swiss watch exports experienced a further decline in November as economic challenges persisted across key markets. Shipments of watches fell 3.8% to CHF 2.41 billion ($2.68 billion) for the month, the ...

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