The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...

De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is ...

Natural diamonds polished in the European Union will no longer be subject to tariffs upon import into the US. The exemption, which brings the tax rate to 0% from the previous 15%, is part of a US ...

Recent trade fairs in Asia confirm growth in one market and decline in another, with tariffs putting the brakes on all sales to the US. Sales values and attendance were both up at the 72nd Bangkok ...

A 12.56-carat sapphire and diamond ring took the center stage at a recent Sotheby’s auction in Hong Kong, selling for HKD 18.7 million ($2.4 million), within its estimates. The piece, which bears a ...

US holiday retail sales will rise during the traditional two-month holiday period, but consumers may opt for fixed-budget goods such as gift cards in the wake of higher tariffs on other items, ...

A video edition of the Rapaport Diamond Podcast digs into the rough-diamond sector with the help of special guest Adam Schulman, founder and CEO of tender house Koin International. Schulman joined ...

The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...

Thailand has long served as a center for colored gemstones. Its ruby and sapphire deposits and its strategic location — neighboring the gem-rich nations of Myanmar (Burma), Cambodia and Vietnam — have ...

The diamond industry is undergoing a significant and transformative shake-up. With a major dip in natural-diamond prices, many companies have either diversified their operations to include both ...

The diamond industry has been involved in a long-standing dispute over the proper terminology for man-made diamonds. Meanwhile, jewelry retailers that deal with the public say they are more concerned ...

In mid-2023, as China’s real-estate crisis lingered, property firms started to offer gold bars as an incentive to buy their apartments. Unlike real estate, gold is perceived to hold its value, the ...