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Vast Resources has sold 123,928.8-carats of diamonds from a 15-year-old parcel the Zimbabwe government seized in 2010 and released in April.
The company sold 98% of the 126,677.50-carat parcel at a recent tender, the miner said Tuesday. The
Botswana’s minerals and energy minister visited the Antwerp World Diamond Centre (AWDC) this week to thank 18 of its member companies for providing the African country with humanitarian aid.
After Botswana declared a national public-health emergency in August, the AWDC coordinated a fundraising project among the city’s diamond businesses to donate life-saving medici...
The rise in gold prices has forced up the cost of jewelry and led consumers to opt for lab-grown diamonds, bespoke retailer Alexandra Beth Samit said on the latest Rapaport Diamond Podcast.
“It really makes custom pieces very expensive, and I don’t think clients always understand…why [it’s] so expensive,” said Samit, who founded and runs New York-based Alexandra Bet...
US e-commerce sales grew in the first month of the holiday season as consumers took advantage of early deals.
Sales rose 8% year on year to $79.7 billion for the first 23 days of November, Adobe reported Wednesday. Buyers spent over $3 billion a day on 22 of those, setting a new record. Last year, Americans shelled out $3 million over a 24-hour period for 20 of the ...
Revenue at Hong Kong-based jeweler Chow Tai Fook fell slightly in the first fiscal half as a decline in mainland China outweighed an improvement in the Hong Kong market.
Group revenue decreased 1.1% year on year to HKD 38.99 billion ($5.01 billion) for the six months that ended September 30, the jeweler href="https://ir.ctfjewellerygroup.com/202511251640011340119...
