Jonathan Waecker will join Michael Hill as CEO, succeeding interim chief Andrew Lowe, after the sudden death of former chief Daniel Bracken.

Revenue from the retail division of Warren Buffett’s Berkshire Hathaway conglomerate rose in the second quarter.

De Beers is carrying out substantial layoffs in its trading department as the diamond giant continues to respond to the market downturn.

US retail sales rose in July as consumers took advantage of special summer deals ahead of the higher tariff rates.

Pandora will close approximately 100 underperforming stores in China to “optimize the store network,” even as overall revenue rose.

Rough-diamond shipments into some of the most important trading centers surged in July, raising questions about the state of the market.

Industry veteran Dev Shetty has purchased Lucapa Diamond Company and all of its assets through his Dubai-based conglomerate Gaston International DMCC. Gaston is part of Shetty’s Jemora Group, which ...

Mountain Province’s loss grew even steeper in the second quarter as prices for its rough slid in the weakened market.

Indian diamond manufacturer Asian Star saw sales decline in the first fiscal quarter, due to weakening demand for diamonds.

De Beers has found its first new kimberlite deposit in more than 30 years while exploring a site that’s part of its venture with Endiama.

The US will increase tariffs on Indian goods to 50% starting later this month, President Donald Trump said Wednesday.

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.