Headlines

Sarine Posts Increase in Revenue and Higher Profitability in Q3

Sarine Technologies reported that group revenue rose 4% to US$11.7 million and net profit improved to US$0.3 million in Q3 2018 despite cyclical weakness in the diamond polishing midstream.

Lisa Bridge to Take Over as Ben Bridge Jeweler as Ed Bridge Retires

Ben Bridge Jeweler, the family-run fine jeweler with 95 retail stores in 11 states and one Canadian province, announced that Chairman and CEO Ed Bridge is retiring as of January 31, with company President and COO Lisa Bridge becoming President and CEO.

Christie’s Sells Winston Pink Legacy For $50M, Record Price Per Carat

Christie’s sold the 18.96-carat Winston Pink Legacy, the largest and finest fancy vivid pink diamond it has ever auctioned, for $50,375,000, a world auction record price per carat for a pink diamond of $2,656,909.

Graff Diamonds Cuts Unveils 60 Stones Cut From 1,109-Carat Lesedi La Rona

Graff Diamonds has unveiled more than 60 polished diamonds that were cut the 1,109 carat Lesedi La Rona stone, the largest rough diamond found in more than a century.

WDC Voices Support For Expanded Definition Of Conflict Diamonds At KP Plenary

The World Diamond Council (WDC) and the Civil Society Coalition (CSC) voiced their strong support for an expanded definition of conflict diamonds at the Plenary Session of the Kimberley Process (KP) in Brussels.

World Diamond Council AGM Reaches Consensus on Key Reforms

The World Diamond Council (WDC) held its 14th Annual General Meeting (AGM) in Mumbai, reaching consensus on critical areas of reform for both the Kimberley Process and the WDC System of Warranties (SoW).

Alrosa to Piloting GIA's M2M Provenance Program

The GIA announced that Alrosa, the world’s largest producer of rough diamonds, is piloting the Institute’s M2M program.

Blue Nile Opens New Diamond and Jewelry Expert Facility

Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service.