Mining company Rio Tinto has announced that it will hold its inaugural jewelry business development symposium and design showcase in Chicago this July.

Diamond manufacturer Dimexon has launched caratPLUS desk, a special product desk for diamonds one carat and larger in size.

A dog with a nose for fine stones has turned out to be a real publicity hound after swallowing a diamond worth $20,000 at a Maryland jewelry store.

New York State Supreme Court Justice Michael Stallman has dismissed a lawsuit initiated by David Abraham against New York's Diamond Dealers Club (DDC), the DDC announced Thursday.

Who's the wealthiest diamond tycoon in the world? According to Forbes' 2010 list of the World's Richest People, that would be De Beers Chairman Nicky Oppenheimer, with an estimated net worth of $5 billion, the fruits of an inherited fortune.

The Diamond Bourse of Canada, a first for the country, will be fully operational by the end of the month in Toronto, bourse officials announced earlier this week.

Expect a strong diamond industry presence at BaselWorld this year that includes the unveiling of a new responsibility-focused ad campaign from the Israeli Diamond Institute (IDI) Group of Companies and Rapaport Group Chairman Martin Rapaport's presentation on diamond opportunities and his fair trade conference. 

The Rapaport Group is now providing diamond import services to mainland China, a market many consider to be the future of consumer demand for diamonds.

Blue Nile aims to capture as much as 15 percent of the multi-billion dollar U.S. engagement ring market, and is also looking toward international expansion, company executives said during an investor conference held earlier this week.

The Kimberley Process (KP) has designated a monitor to address allegations of serious KP violations in the diamond-producing nation of Zimbabwe and to bring that country back into compliance, according to a media release issued today.