Burgundy Diamond Mines will suspend operations at one of the two active pits at its Ekati mine in Canada and let go of hundreds of workers.

Diamond production at Rio Tinto’s Diavik deposit in Canada surged in the second quarter as operations returned to normal.

Rough diamonds of 2.5 carats and larger are seeing solid sales at this week’s De Beers sight, prompting both optimism and bafflement given the mixed demand for polished. Many sightholders are buying ...

The Plumb Club reelected Roger Forman as president at its general membership meeting, where it also chose its new board members.

Philippe Mellier, who served as CEO of De Beers, died on July 8 at age 69. He led the company from 2011 to 2016.

Revenue at Richemont’s jewelry brands rose in the first fiscal quarter, as strength in the US and European markets offset declines in Asia.

Titan Company has appointed Arun Narayan as CEO of its jewelry division and Kuruvilla Markose to lead its watches operations.

This year’s Prime Day garnered $24.1 billion, making it the biggest ever. Online spending over the four days increased 30% year on year.

Mountain Province’s sales fell in the second quarter due to the sale of lower-quality stones and weak demand.

US authorities have arrested diamond dealer Nehal Modi after Indian law enforcement issued an extradition request in connection with his alleged involvement in a multibillion-dollar bank fraud. The ...

Birks Group has acquired the Canada-based European Boutique from its founders the Sutkiewicz family for CAD 9 million ($6.6 million). The jeweler will operate four European Boutique multi-brand stores ...

Prime Day is expected to generate $23.8 billion in online spending in the US this year, marking a major milestone for summer retail sales.