US Holiday jewelry sales expected to skyrocket

According to Mastercard SpendingPulse, US jewelers can expect revenue from jewelry sales in the US between November 1 and December 24 will grow 59% compared to the same period last year.

17 september 2021

Australia becomes world’s biggest producer of gold for first time

Australia has become the world’s biggest producer of gold for the first time, having played second fiddle to China for the last decade. Australia unearthed 157 tons of gold in the first half of the year, pipping China by four tonnes.

17 september 2021

Nigerian minister mulls death penalty for gold smuggling – report

Nigeria’s deputy minister in charge of mines and steel development has called for the death penalty for gold smuggling in the West African country.

17 september 2021

Gemfields back to black

Gemfields is expected to register a net profit after tax of $23.8-million in the first half of the year compared with the net loss after tax of $56.7-million, a year earlier. Earnings per share are expected to be 2 US cents from a loss per share of 4...

17 september 2021

Debmarine Namibia's new diamond recovery vessel to arrive in SA next week

Debmarine Namibia’s new N$7 billion diamond recovery vessel, Additional Mining Vessel #3 (AMV3), is expected to arrive in Cape Town, South Africa next week ahead of commissioning early next year.

17 september 2021

Diamonds have a dirty secret. But there's a climate-conscious solution

18 march 2020

( - Alexander Weindling has a fading, black and white framed photograph on the desk of his New York City office. It’s of his grandfather, wearing a hat and suit, posing more than a century ago with some of the workers of a diamond mine he oversaw in what was then known as the Belgian Congo. The mining of diamonds in Africa led to a human rights disaster from colonial times onwards and Weindling, a third-generation diamond and jewelry merchant, uses the incongruity of this photo in the white minimalism of his Tribeca office as a mental spur. That era of diamond mining was “so devastatingly ugly Isis will start looking like good guys,” says Weindling. “It was dreadful. It was criminal. It was unforgivable.”