What Was Botswana’s President Saying in Speech About De Beers?

Last week, Botswana’s president Duma Boko delivered a speech that caused the diamond industry to raise its collective eyebrow. “De Beers is...

Ekati Halts Open Pit Mining, Hundreds Laid Off

The Ekati diamond mine in Canada’s Northwest Territories has temporarily halted work at Point Lake, its open pit, leading to the layoff of hundreds...

Sell More by Using These Fun Facts With Clients

Fun facts are pieces of useful information that go beyond nickel knowledge. They are intended as edutainment—stimulating conversation that teaches...

Botswana President: “De Beers Is Not Doing Its Job”

Botswana president Duma Boko expressed unhappiness with De Beers’ sales of the nation's gemstones, adding that “something very drastic” will...

Israeli Bourse Leaves WFDB as Four Other Countries Apply

The World Federation of Diamond Bourses (WFDB) recently ruled that the Israel Diamond Exchange (IDE) is no longer a member, and separately it...

Former De Beers CEO Philippe Mellier Dies

Philippe Mellier, the French auto executive who was the first outsider to head De Beers, serving as its CEO from 2011 to 2016, died on July 8. He was...

Does De Beers’ Future Include Gareth Penny?

As the natural diamond business continues its long, slow walk to recovery, a massive question remains: What will happen to De Beers, which was put up...

Natural Diamond Council CEO David Kellie on Why He’s Stepping Down

David Kellie, who has served as head of the Natural Diamond Council (NDC) since December 2019, announced on Sunday he will step down from the job at...

Cortney Craft, Aash Shah Join De Beers Polished Sales Team

De Beers has hired two sales directors for its recently launched polished sales division. Cortney Craft has been named the division’s West Coast...

Silent Film Star Virginia Cherrill’s Sapphire Ring Heads to Auction

A sapphire and diamond cluster ring believed to have been owned by silent film actress Virginia Cherrill is set for auction in the U.K. during...

The Diamond Trade Copes With Tariffs and Sanctions

U.S. tariffs on trading partners and sanctions against Russian diamonds were significant topics at a panel on international trade challenges, held...