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- Charges Dropped in PNB Fraud Case, Modi Still Prime Accused
on 14 June 2026 at 10:00 amCorruption 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 ...
- "Two Matildas" Live Sale Raises Over $17mon 14 June 2026 at 8:00 am
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...
- Russia Insists on "Synthetic" Label for Lab Grownson 10 June 2026 at 12:00 pm
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....
- Two Blues Each Fetch Over $8mon 10 June 2026 at 7:00 am
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 31.62‑carat Azure Blue, the largest fancy blue diamond ever offered at auction, went for $8,371,000, or $262,500 ...
- De Beers: Botswana Seeks Gulf Help to Buy Reduced Stakeon 8 June 2026 at 5:00 am
Botswana is reportedly seeking financial help from UAE and Oman to buy a reduced stake in De Beers. It had been aiming for overall control of the loss-making miner, but has scaled back its ambitions amid the worst downturn in the diamond industry's...