Sarine Technologies: Build-Up of Diamond Inventory Will Impact Q3 Profitability
Sarine Technologies Ltd has noted in an update to investors, that it expects to “record a minimal operating loss of several hundred thousand dollars” during the quarter ended September 30, 2017, due to a...
Dominion Reports 22% Y-o-Y Rise in Q3 Processing Volumes and Diamond Recoveries at Diavik
Dominion Diamond Corporation has announced that both processing volumes and diamonds recovered from the Diavik mine during the third calendar quarter of 2016 were 22% higher than the comparable figures for the same period...
De Beers doubles down on diamond discounts as it cuts cost of smaller stones
De Beers Group has made another move to cut its rough diamond prices this week as it lowered the cost of smaller stones.
This comes after the diamond giant slashed the prices of larger rough...
Helzberg Scraps Launch of Marchesa Bridal Line
North Kansas City, Mo.--Helzberg Diamonds confirmed Wednesday that it is dropping its just-launched line of Marchesa-branded bridal jewelry for now, a decision that comes in the wake of the sexual harassment and assault charges...
GJEPC Welcomes Reduction in GST Rates for Cut & Polished Diamonds and Precious Stones
Apart from freeing up blocked working capital, move will help overcome ambiguity in tax structure and avoid mis-declaration and tax evasion
The sharp cut in the rate of GST (Goods and Services Tax) on polished...
LONDON’S ‘NB DIAMONDS’ LAUNCH NEW AUTUMN/WINTER COLLECTION 2022
'NB DIAMONDS latest AUTUMN/WINTER 2022 collection has launched and is destined to be a great hit . With years of experience as a natural diamond wholesaler and Jewellery manufacturer over the last few years...
KP Chair: KPI meeting concludes successfully
India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June concluded today, 21st June 2019. The KPCS is an international mechanism mandated...
Thomas Sabo shines spotlight on Together range this Christmas
Global fashion jewellery brand Thomas Sabo has placed its Together collection centre stage this Christmas, launching a festive campaign around it.
The Together collection launched earlier this year as part of the AW17 offering and...
FTC Releases New Guides for Jewellery Sector
US-based Federal Trade Commission (FTC) has issued its revised Jewelry Guides aimed at promoting transparency and proper disclosure in the jewellery sector to prevent unfair trade practices. Industry players however expressed concern over revisions...
Alrosa Lowers Expectations as Smaller Stone Sales Slow
Alrosa lowered its sales guidance for the year on the back of weakness in sales of smaller diamonds as Indian cutters and polishers continue to struggle to secure credit.
In third quarter results released...
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