Celebrity influence a major factor in UK engagement ring sales
Jewellers keen to get a steer on the type of engagement rings currying favour with customers would do well to keep a laser-like focus on what the world’s biggest stars are wearing.
New research suggests...
South Africa lockdown to hit Anglo American output
Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most.
The company, founded in...
Dubai-China deal to boost diamond trade
The Dubai Multi-Commodities Center (DMCC) and the Guangzhou Diamond Exchange (GZDE) inked an agreement aimed at creating new diamond trading opportunities between China and the United Arab Emirates.
The memorandum of understanding (MoU) will grant...
Diamonds remain the ultimate symbol of love, despite modern consumers rewriting the rules of...
Words by head of strategic communication at De Beers Group, David Johnson.
As traditions evolve, diamonds remain the ultimate symbol of love.
Traditions surrounding love and marriage have changed dramatically in recent times. Where once the...
Lucapa’s Second Sale of Lulo Diamonds in 2020 Nets US$ 1.9 Million
The second sale of Lulo alluvial diamonds in 2020 brought in a revenue of US$ 1.9 million, Lucapa Diamond Co Ltd announced today. The mine in Angola is jointly owned by Lucapa and its...
TRIGEM’s Fully-Certified Charlotte Boiling Facility in Dubai Inaugurated with DMMC Participation
TRIGEM’s Charlotte Boiling facility, located in the heart of Dubai’s diamond hub, the Jewellery and Gemplex Building, in Jumeirah Lakes Towers (JLT), Dubai, was inaugurated on February 11, 2020.
DMCC participated in the official opening...
Lucapa Upbeat Over Results of Initial Exploration Efforts to Locate Lulo Kimberlite Source
Lucapa Diamond has described the initial results of its exploration to locate the hard-rock kimberlite source(s) of the alluvial diamonds within the prolific Lulo diamond field in Angola as “exciting and highly encouraging”, and...
Good Morning America highlights undisclosed lab-grown diamond issue
As the lab-grown diamond industry has progressed, many have raised concerns about how/ if the company will educate consumers and ensure they 100% know what they are purchasing.
Firms have already been called out for...
Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline
Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond...
ALROSA Reduces Production Guidance for 2020 to 28–31 Mn Cts from 34 Mn Cts...
ALROSA said recently that the Strategic Planning Committee of the Company’s Supervisory Board has “reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided...
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Thailand and India Cooperate to Revive Gems & Jewelry Industry
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Organisers of Jewellery & Gem World reshuffle dates for November to create ‘more compact...
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Rio Tinto supports COVID-19 isolation shelter in Yellowknife
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As part of Rio Tinto’s worldwide...
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