Sotheby’s Selling World’s Largest Fancy Intense Pink

On Nov. 15 in Geneva, Sotheby’s will auction the 37.3 ct. Raj Pink, considered the world’s largest known fancy intense pink diamond. The...

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Former Tiffany CEO Joins Blue Nile Board

Former Tiffany & Co. CEO Frédéric Cumenal has joined Blue Nile’s board of directors. Cumanel came to Tiffany in 2011 as executive vice...
Truck transporting ore at the Williamson open pit mine in Tanzania

Petra Diamonds Likely to Breach Loan Covenants

Petra Diamonds, owner of five African diamond mines, said it was likely to breach two EBITDA-related bank covenants by the end of the year. The...
Phumzile Mlambo-Ngcuka

Why De Beers Wants to Hire More Women

De Beers, sometimes slagged as a boy’s club, now has a new message: Women wanted. Last week, the diamond giant forged a three-year partnership...
The Virgin Diamond logo

Do Consumers Care If Their Diamonds Are New?

The industry has traditionally not cared if the diamonds it sells are new or used. After all, when you sell a billion-year-old product, new is a...
Diamond Foundry new San Francisco facility

Diamond Foundry Sets Up New Growing Facility

Diamond Foundry is opening up a new production facility in San Francisco, where it says it will produce 100,000 cts. of man-made gems a year. The...