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    <copyright>2026 IDEX Online</copyright>
    <pubDate>Sun, 9 Aug 2026 18:05:31 GMT</pubDate>
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      <title>"We Underestimated Lab Grown Threat," says Anglo CEO</title>
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      <description>De Beers underestimated the threat from lab growns, â€ŒDuncan Wanblad, CEO of parent company Anglo American, admitted in an interview with the Financial Times (FT).    "Hindsight would probably show that we might have wanted to have been a...</description>
      <pubDate>Wed, 5 Aug 2026 10:00:00 GMT</pubDate>
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      <title>Strong Demand Pushes up Revenue at Gem Diamonds</title>
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      <description>Gem Diamonds says first-half revenue from its Letseng mine, in Lesotho, was up 33%, with what it described as "encouragingly strong demand" and a 38% hike in average prices.    Total sales for the six months to 30 June were $59.5 million, compared to ....</description>
      <pubDate>Mon, 3 Aug 2026 18:00:00 GMT</pubDate>
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      <title>Gemfields Auction Revenue Surges Despite Weak Ruby Recoveries</title>
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      <description>emfields reported a sharp rebound in auction revenue from rubies and emeralds in the first half of 2026, up 71.5% to $102.9 million.    The improved results were driven by strong demand at recent highâ€‘quality sales, and are reflected in the company's ...</description>
      <pubDate>Mon, 3 Aug 2026 13:00:00 GMT</pubDate>
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      <title>Anglo Hasn't Ruled out Other De Beers Bidders</title>
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      <description>Anglo American say it has not so far granted exclusivity to any group bidding to buy De Beers.    Anglo's CEO Duncan Wanblad told reporters last Thursday (30 July): "We are not exclusive with any particular consortium â€Œat â this particular point in time...</description>
      <pubDate>Sun, 2 Aug 2026 04:00:00 GMT</pubDate>
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      <title>De Beers Rough Sales Down 44%</title>
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      <description>Rough sales at De Beers slumped during the three months to the end of June, down 44% to $665 million, as owners Anglo American said the sale of its diamond mining unit was progressing.    It expects the company to report another loss for De Beers...</description>
      <pubDate>Wed, 29 Jul 2026 06:00:00 GMT</pubDate>
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      <title>Swiss Watch Sales up 11% in June</title>
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      <description>Swiss watch exports increased by 11.2% in June, following on from negligible growth (+0.4%) in May.    There was strong growth in the US (+12.7%), the biggest single market, and the UK (+12.2%), driven by a favorable base effect (lower sales last June)...</description>
      <pubDate>Wed, 22 Jul 2026 10:00:00 GMT</pubDate>
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      <title>Canada's First Diamond Mine to Shut, Owners Enter Receivership</title>
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      <description>Burgundy Diamond Mines, owners of Ekati, are to enter receivership after running up debts of over $280 million and failing to find a buyer for Canada's first commercial diamond mine.    The Supreme Court of British Columbia placed its subsidiary ...</description>
      <pubDate>Wed, 22 Jul 2026 08:00:00 GMT</pubDate>
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      <title>De Beers Sale: Ex-CEO's Consortium is Frontrunner</title>
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      <description>Anglo American has selected a preferred bidder for De Beers, its loss-making diamond division.    The Global Diamond Consortium, led by former De Beers CEO Gareth Penny, has emerged as the frontrunner, ahead of two other shortlisted bidders that have...</description>
      <pubDate>Mon, 20 Jul 2026 14:00:00 GMT</pubDate>
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      <title>Watches of Switzerland Profits Leap 76%</title>
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      <description>Watches of Switzerland (WoS) saw a leap in statutory preâ€‘tax annual profits of 76%, up to Â£133 million (USD 170 million) amid growing speculation of a possible buyout by private equity funds and strategic bidders.    The UK-based company...</description>
      <pubDate>Mon, 20 Jul 2026 13:00:00 GMT</pubDate>
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      <title>21% Surge in Richemont Jewelry Sales</title>
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      <description>Richemont's jewelry sales surged by 21% (at actual exchange rates, 24% at constant) in the three months to 30 June, as demand for high-end items remained strong.    The Swiss luxury conglomerate said its four jewelry maisons - Buccellati, Cartier, Van Cleef ...</description>
      <pubDate>Mon, 20 Jul 2026 12:00:00 GMT</pubDate>
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