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.

Diamond production at Rio Tinto’s Diavik deposit in Canada surged in the second quarter as operations returned to normal.

The Plumb Club reelected Roger Forman as president at its general membership meeting, where it also chose its new board members.

Rough diamonds of 2.5 carats and larger are seeing solid sales at this week’s De Beers sight, prompting both optimism and bafflement given the mixed demand for polished. Many sightholders are buying ...

Philippe Mellier, who served as CEO of De Beers, died on July 8 at age 69. He led the company from 2011 to 2016.

Revenue at Richemont’s jewelry brands rose in the first fiscal quarter, as strength in the US and European markets offset declines in Asia.

This year’s Prime Day garnered $24.1 billion, making it the biggest ever. Online spending over the four days increased 30% year on year.