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News In Brief

Richemont reported a 7% year-on-year sales increase to €3.91 billion ($4.55 billion) for its jewelry maisons in the quarter ending March 31.

Mountain Province Diamonds reported a 36% year-on-year drop in second-quarter sales to $26.6 million…

 

Titan Company has named Arun Narayan as the new CEO of its jewelry division, effective January 1…

 

Birks Group has acquired European Boutique, a Toronto-based luxury watch and jewelry retailer, for $9 million…

 

Lucapa Diamond Company has furloughed 400 workers at its Mothae mine in Lesotho, according to the Independent Democratic Union of Lesotho…

Titan Company reported a 13% year-on-year rise in group revenue from operations to INR 122.23 billion ($1.42 billion) for the fiscal first quarter ended June 30, 2025, despite subdued consumer demand due to high gold prices...

Alrosa has launched production at the Karpinsky-2 kimberlite, the third of six pipes at its M.V. Lomonosov deposit…

 

The French government is standing by the term “synthetic” to describe lab-grown diamonds, despite pressure to drop it…

 

David Kellie will step down as CEO of the Natural Diamond Council (NDC) at the end of 2025, he announced on LinkedIn...

Belgium’s polished diamond exports fell 34% year-on-year to $370.5 million in June, while imports dropped 45% to $421.2 million, according to the Antwerp World Diamond Centre (AWDC)​​​​​​

In The Spotlight

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The Diamond Press is a leading platform for in-depth analysis, engaging storytelling and debate about the global diamond market from industry specialist Avi Krawitz.

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