Lucapa Diamond Company Enters Voluntary Administration Amid Market Pressures
Lucapa Diamond Company has entered voluntary administration following a major cost-cutting initiative and a significant reduction in[…]
Petra Diamonds hits all-time low as cash burn continues
Petra Diamonds is to begin discussions with financiers on refinancing a $273m bond that matures in March[…]
$28m Emergency Funding as Lucara Sales Dip
Lucara is drawing down up to $28m in emergency funding for its underground mine expansion after reporting[…]
Graff and Moussaieff in UK Rich List
Laurence Graff and his son Francois are ranked 44th in the newly-published Sunday Times Rich List 2025[…]
No Golconda Blue, but Christie’s still Raises $72m
Christie's Geneva sold 100 per cent of lots at its Magnificent Jewels yesterday (14 May) and raised[…]
Tanzania’s Williamson Diamonds goes totally Pink
London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus[…]
Sierra Leone’s largest diamond miner shuts down, laying off more than 1,000 workers
Koidu Limited, Sierra Leone’s largest diamond producer, has halted operations and laid off nearly its entire local[…]
$3.3m Loss as Brilliant Earth Customers Spend Less
Brilliant Earth, the US-based "ethical jeweler", reported a $3.3m net loss for the first quarter of 2025,[…]
Rare 10-Carat Blue Diamond Could Fetch $20 Million at Sotheby’s Geneva Auction
A remarkable 10-carat blue diamond, dubbed the “Mediterranean Blue Diamond,” is expected to achieve up to $20[…]