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    <copyright>2026 IDEX Online</copyright>
    <pubDate>Wed, 17 Jun 2026 19:39:40 GMT</pubDate>
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      <title>Union Condemns Petra's Mine Suspension and Jobs Threat</title>
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      <description>South Africa's National Union of Mineworkers (NUM) has condemned Petra over its decision to put its Finsch mine into business rescue, and to issue a jobs warning for its other deposit, at Cullinan.    The union says a total of 1,779 jobs are at risk...</description>
      <pubDate>Tue, 16 Jun 2026 12:00:00 GMT</pubDate>
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      <title>De Beers: Consumers Spend More, Spend Differently</title>
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      <description>Average purchase prices for natural diamond jewelry increased by 25% between 2023 and 2025, says De Beers, as the dominance of bridal slipped and people found new milestones to mark with a diamond.    Consumers paid $4,063 per piece, on average...</description>
      <pubDate>Tue, 16 Jun 2026 09:00:00 GMT</pubDate>
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      <title>Fraud Alert on Emeralds Treated After Testing</title>
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      <description>Emerald buyers are being warned about gems that have had their clarity enhanced AFTER they were laboratory tested.    Swiss Gemmological Institute (SSEF) warned yesterday (15 June) that it had seen a growing number of cases in which...</description>
      <pubDate>Tue, 16 Jun 2026 06:00:00 GMT</pubDate>
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      <title>Charges Dropped in PNB Fraud Case, Modi Still Prime Accused</title>
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      <description>Corruption charges against bank staff in the $1.85 billion PNB fraud have been dropped, after the Central Bureau of Investigation conceded there was no evidence to support them.        But Nirav Modi, the fugitive diamantaire currently being held in ...</description>
      <pubDate>Sun, 14 Jun 2026 10:00:00 GMT</pubDate>
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      <title>"Two Matildas" Live Sale Raises Over $17m</title>
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      <description>Lots from a vast family-owned jewelry collection - including many Faberge, Cartier and Tiffany items - raised $17.3 million at the live section of a Christie's New York auction.    Ninety-four lots from The Stream Family Collection were sold on 10 June. A further...</description>
      <pubDate>Sun, 14 Jun 2026 08:00:00 GMT</pubDate>
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      <title>Business Rescue Plan for Finsch Mine</title>
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      <description>Petra Diamonds says business rescue practitioners (BRPs) will now see if they can find a way to save the Finsch mine, in South Africa.    They've taken custodianship of the beleaguered mine and will draw up a revised business plan that must be approved ...</description>
      <pubDate>Thu, 11 Jun 2026 15:00:00 GMT</pubDate>
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      <title>Tiffany &amp; Co Re-opens Stores after $6m Fine</title>
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      <description>Tiffany &amp;amp; Co has been allowed to re-open three stores in Indonesia, after paying a $6.1 million fine for alleged import violations.    They were closed in February by customs authorities pending checks on whether the company had paid levies on imported goods....</description>
      <pubDate>Thu, 11 Jun 2026 04:00:00 GMT</pubDate>
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      <title>Russia Insists on "Synthetic" Label for Lab Growns</title>
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      <description>The Russian government has announced new rules requiring lab growns to be labelled as "synthetic" so that consumers don't mistake them for natural stones.    It does not list "lab grown" or any variant with "lab" or "laboratory" as being acceptable....</description>
      <pubDate>Wed, 10 Jun 2026 12:00:00 GMT</pubDate>
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      <title>Continental Buying Group  Announces CBG Experience in Phoenix This September</title>
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      <description>Continental Buying Group (CBG), the jewelry industry's premier buying  group serving over 90 flagship independent retail jewelry locations across roughly 210 doors in the United  States and Canada, has concluded a successful two-day event....</description>
      <pubDate>Wed, 10 Jun 2026 08:00:00 GMT</pubDate>
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      <title>Two Blues Each Fetch Over $8m</title>
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      <description>Two blue diamonds each sold for over $8 million yesterday (9 June) at Christie's New York, highlighting the importance of color over size.    The 31.62â€‘carat Azure Blue, the largest fancy blue diamond ever offered at auction, went for $8,371,000, or $262,500 ...</description>
      <pubDate>Wed, 10 Jun 2026 07:00:00 GMT</pubDate>
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