Changing Face of Eve Creating New Source of Demand Says De Beers Insight Report
De Beers’ The Diamond Insight Report 2017 released today says that the year “2016 saw the return of positive trends throughout the diamond pipeline” – an assertion which should bring some cheer to the...
GJEPC Welcomes GST Council’s Decision Harmonising GST rates for Import of Rough Diamonds
The GJEPC has welcomed the decision of the GST Council to harmonise rates for import of rough diamonds across all HS Codes, thus reducing the GST on the industrial and unsorted diamonds category from...
Sif Jakobs Jewellery opens 14 new accounts at IJL
Award-winning Danish jewellery brand Sif Jakobs Jewellery enjoyed a hugely successful IJL show earlier this week, securing 14 new accounts over the course of the three-day event.
These new accounts take the brand’s total number...
Lucapa Earns US$ 7.4 Million from 7th Sale of Lulo Rough in 2017
Lucapa Diamond Company has announced that the seventh sale of alluvial diamonds from the Lulo mine this year has generated gross proceeds of US$ 7.4 million, taking gross proceeds from Lulo diamond sales to...
ALROSA Holding Auctions of Rough and Polished Diamonds on Sidelines of the EEF
On September 6 and 7, ALROSA is holding two auctions for the sale of both, rough and polished diamonds, on the sidelines of the Eastern Economic Forum (EEF) currently being held in...
CIBJO President Discusses Methods of Responsible Sourcing During visit to Colombia
On a recent visit to Colombia, CIBJO President Gaetano Cavalieri held wide-ranging discussions with representatives of the country's government and industry on methods for responsible sourcing of coloured gemstones, which included possible alternatives that...
Bonas to hold major gem tender at Sept Hong Kong Fair
UK-based tender house Bonas is holding a one-off clearance sale of polished coloured gemstones with a total weight of 200,000 carats at the September Hong Kong Jewellery & Gem Fair.
The exceptional pieces...
Change of Guard at Ministry of Commerce & Industry, GoI
The recent Cabinet reshuffle by the Hon’ble Prime Minister Shri Narendra Modi has seen a change of guard at the Ministry of Commerce & Industry (MoC&I). It was this ministry which set up The...
Macau reports solid growth in Q2 jewellery sales
Macau’s retail sales of watches, clocks and jewellery registered a strong year-on-year growth of 25.1 percent in the second quarter of 2017, reaching MOP 3.19 billion (around US$395.42 million), the Statistics and Census Service...
HRD Antwerp Detects Another Set of Rough Diamond Imitation Stones
HRD Antwerp has reported that it recently came across two rough stones weighing 7.14 and 5.01 carats respectively, with a slight greenish colour, that had been cut to resemble rough diamonds. The lab said...
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De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern...
Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump
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Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...
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Gemfields Divests Fabergé to SMG Capital in $50 Million Deal
Gemfields Group Limited has finalized a $50 million agreement to sell its prestigious luxury brand, Fabergé Limited, to U.S.-based investment firm SMG Capital LLC....
Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable
Titan Company Limited's jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold)...