Lucapa to Offload High-Value Mothae Mine May 16, 2024 Company wants to streamline portfolio and focus on core assets, it said. Mining
Red Diamond Sets Records at Second Phillips Geneva Auction May 15, 2024 Sale also featured 6.21-carat pink that netted $12 million. Auction
Anglo American to Sell De Beers in ‘Radical’ Restructure May 15, 2024 The move forms part of major structural changes to simplify the Anglo American portfolio and deliver growth. Mining
Dianne Batista Joins Freeman’s | Hindman May 13, 2024 Auction house has appointed Dianne Batista as senior vice president for jewelry and watches. Auction
US Online Spending Up in 2024 as Consumers Turn to Cheaper Goods May 13, 2024 Shoppers shelled out $331.6 billion in the first four months of the year, according to Adobe Analytics. Retail
Christie’s Postpones Watch Sale Due to Security Breach May 13, 2024 Hackers force auction house to take website offline and bring in experts. Auction
Brilliant Earth Back in Black Amid Bump in Average Selling Price May 13, 2024 Revenue down 0.4% year on year in first quarter. Retail
Large-Stone Slowdown Dents Lucara Revenue May 12, 2024 Sales slip 4% amid decrease in top-up payments from HB. Mining
De Beers Reduces Prices of Lightbox Lab-Grown Diamonds May 12, 2024 Standard line of I to J stones will retail at $500 per carat. Lab-Grown
EU to Exempt Pre-2024 Diamonds from Russia Sanctions – Report May 12, 2024 Proposal for “grandfathered” goods reaches EU envoys, according to Reuters. Legal