2,492 carat rough diamond
SourcingAug 22, 2024
2,492-Carat Diamond Recovered From Botswana Diamond Mine

The giant gem came from Karowe, the same mine that yielded the 1,109-carat Lesedi La Rona and the 1,758-carat Sewelô diamond.

A and C Gem Trading Corp.
SourcingAug 19, 2024
A&C Gem Trading Corp. Relocates, Opens Wholesale Showroom

The gemstone company is moving to the Ross Metal Exchange in New York City’s Diamond District.

SourcingAug 15, 2024

Unable to pay its debts, the ruby and sapphire miner is looking to restructure and become a “competitive and attractive” company.

Latest in Sourcing

Lulo tender 14 carat pink diamond
SourcingJul 31, 2024
Lucapa Sells 6 Diamonds, Including 14-Carat Pink

The parcel, totaling 447 carats, garnered $12.4 million at the diamond miner’s recent tender.

De Beers’ Venetia diamond mine
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ Market

Lab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.

De Beers rough diamond display
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2

The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.

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Karen Rentmeesters
SourcingJul 22, 2024
AWDC Names Karen Rentmeesters as CEO

Rentmeesters has served as interim CEO since April following former CEO Ari Epstein’s resignation.

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Grizzly emerald
SourcingJul 18, 2024
Grizzly Emerald Auction Garners $32.5 million

The miner said an 835-carat emerald saw “stiff competition” in its July sale.

Diavik Diamond Mine solar power plant
SourcingJul 17, 2024
Rio Tinto’s Diamond Production Down 28% in Q2

The company’s sole remaining diamond operation, Diavik, produced 702,000 carats of diamonds, down from 970,000 a year ago.

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Navneet Gems salt & pepper sapphires
SourcingJul 10, 2024
Navneet Gems Launches Salt-and-Pepper Sapphires

Sourced from Tanzania, the stones feature a unique hematite inclusion.

Fuli Gemstones peridot The Curious Gem
SourcingJul 09, 2024
The Curious Gem Now Carrying Fuli Peridot

The U.K.-based online supplier will offer calibrated stones under 1 carat.

Ravi Bhansali and Isidore Mörsel
SourcingJul 08, 2024
AWDC Re-Elects Isidore Mörsel as Board President

Ravi Bhansali has been elected vice president.

Yale Peabody Museum quartz sandstone concretion
SourcingJul 08, 2024
Yale Peabody Museum to Reopen Hall of Minerals

The Connecticut museum will unveil the newly renovated galleries on July 9.

SourcingJul 05, 2024
Lucara Names New VP of Mineral Resources

Lauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.

Shree Ramkrishna Exports Logo
SourcingJul 01, 2024
Diamond Supplier SRK Exports Joins United Nations Global Compact

As a member of UNGC, the diamond supplier pledges to implement sustainable and socially responsible policies.

Former Fura Gems CEO Dev Shetty
SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps Down

He’s leaving the colored gemstone miner to pursue other opportunities, the company said Friday.

Stock image of rough diamonds from De Beers Gahcho Kue diamond mine
SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%

The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.

Lesotho Mothae mine
SourcingJun 26, 2024
Lucapa Sells Stake in Mothae Mine

The Australian miner has signed over its 70 percent share in the diamond deposit to Lesotho company Lephema Executive Transport.

Miriam Kamau Caplan
SourcingJun 25, 2024
Miriam ‘Mimo’ Caplan Joins Family Business as VP

The founder of Mimo Gem Traders is the newest executive at Evan Caplan Company.

Gemfields ruby
SourcingJun 24, 2024
Gemfields' June Ruby Auction Fetches Nearly $69M

The sale marks the miner’s 10th anniversary of its first auction of rubies from the Montepuez Ruby Mine in Mozambique.

Ella Klein internship
SourcingJun 21, 2024
Julius Klein Partners With WJA on New Internship

The Ella Klein Internship will take place in New York this summer.

Precious: The History and Mystery of Gems Across Time
SourcingJun 20, 2024
Jewelry Expert Helen Molesworth to Release First Book

“Precious: The History and Mystery of Gems Across Time” will be available on Sept. 17.

Bernd Munsteiner
SourcingJun 17, 2024
Fantasy Cut Inventor Bernd Munsteiner Dies at 81

Known to many as the “Picasso of gems" who modernized the gem cutting field, he is remembered by his family as going through life with open eyes.

Bruce Cleaver
SourcingJun 12, 2024
Bruce Cleaver Is Gemfields’ New Chair

The former De Beers CEO will step into the role next month.

Rose cut arch cabochons Columbia Gem House
SourcingJun 12, 2024
State of Colored Stones: Why the Market Is More Colorful Than Ever

As prices of “The Big Three” skyrocket, supply dwindles, and focus on sustainability grows, an age of open-mindedness is dawning.

Elephants wading in the Okavango Delta in Botswana
SourcingJun 10, 2024
State of the Diamond Industry: Botswana Beyond Diamonds

From moringa to ecotourism in the Okavango Delta, the country and its leaders are exploring how Botswana can diversify its economy.

Actress Lily James with a rough diamond and the Northern Lights
SourcingJun 04, 2024
For New Campaign, Natural Diamond Council Looks to the North

Shot in Canada’s Northwest Territories in winter, the campaign features actress and NDC ambassador Lily James and the Northern Lights.

Gemfields rough emerald
SourcingJun 04, 2024
Gemfields’ High-Quality Emerald Auction Earns $35M

Its May sale of gemstones from the Kagem mine in Zambia was strong despite a softening market.

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