Editor’s Note
**Editor’s Note:** This week’s coverage highlights pivotal shifts in the diamond industry: Anglo American selects a buyer for De Beers, Angola eyes strategic influence, and major operations at Ekati and Venetia face closures or suspensions.
Anglo American has chosen De Beers buyer, Botswana official says (The Jewelry Wire)
Gareth Penny’s consortium comes out on top (Bloomberg)
Angola wants De Beers stake to shape strategy (Mining.com)
Ekati is closing down (TJW)
Is there enough money to carry out closure? (Cabin Radio)
The Ekati main camp. Courtesy: Burgundy
De Beers to reduce headcount, pause operations at Venetia for two years (TJW)
Avi Krawitz: Why is De Beers’ suspension of Venetia significant? (YouTube)
Was there a political dimension to closure? (Currency)
Shutdown could cost 4,000 jobs (EWN)
National Union of Mineworkers disapproves (Mining Weekly)
Small diamond recovery accelerates in June (Rapaport)
Antwerp diamond sector says it’s seeing “turnaround” (TJW)
Dubai diamond trade hits record $41.7 billion after 14 years (Gulf News)
Watches of Switzerland is up for sale: report (TJW)
Retailer downgraded by Jeffries (Proactive)
WoS selling lab-grown in U.K. (The Standard)
Richemont’s jewelry sales once again rise (TJW)
QVC wins court approval for pre-arranged bankruptcy plan (TJW)
Vietnam’s biggest jeweler PNJ rocked by scandal (Bloomberg)
30 held in diamond smuggling case (Press Insider)
U.S. slaps 25% tariffs on Brazil (CNBC)
Three jewelry importers charged with falsely disclosing origin of items (TJW)
European Union bans gold imports from Sudan (BBC)
UK sanctions illicit gold networks fueling Sudan’s war (PR)
Louvre museum thieves hired by “mysterious sponsor” (TJW)
Sherry Smith: What today’s consumers are telling us (National Jeweler)
The jewelry rules that staff find ridiculous (InStore)
Who are we really selling diamonds to? (Care Diamonds by Sarah)
Crazy memories of the (lab) “diamond guys” (Jewelry One of a KIND)
Five reasons to love Montana sapphires (The Jaded Curator)
Montana sapphires. Courtesy: Le Vian
Gold is becoming the new “reserve asset” (Kitco)
What artificial intelligence means for jewelry marketing (TJW)
Why AI can’t crack the luxury code (Forbes)
Luxury consumers still prioritize the in-store experience (Retail Dive)
How luxury hotels became fine jewelry’s chicest showrooms (Spears)
Why watch collectors are obsessed with the tourbillon (Bloomberg)
The jewelry ad of the week: Tiffany & Co. (TJW)
The Jewelry District with Gabrielle Saunders (YouTube)
Podcast series on Nirav Modi (The Telegraph)
Interview with Edahn Golan about industry’s woes (ABC; audio)
