Finance Minister clarifies EL not applicable on e-trade of rough diamonds
The GJEPC representation, led by Colin Shah, Chairman, GJEPC, met Finance Minister Smt. Nirmala Sitharaman on 26th August, in New Delhi, to raise concerns and implications arising on the diamond segment due to expansion...
Coronavirus: Supply Chain Must Change, says Lucara Boss
The diamond industry must re-invent its supply chain and move on from traditional Sights and tenders in favor of new technology, says Lucara boss Eira Thomas.
The COVID-19 pandemic and resulting travel bans have highlighted...
ALROSA updates on preventive maintenance at processing plants
ALROSA launches preventive maintenance (PM) at processing plants of Nyurba, Udachny and Mirny Divisions. PM helps to ensure uninterrupted work of the equipment. Over RUB 500 million is allocated for PM projects in 2020.
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The Most Magnificent Celebrity Diamond Engagement Rings
Marriage proposals are never complete without a bit of bling. However, some people go above and beyond to impress their partners on their engagement day. Custom diamond engagement rings are the latest trend. Rings...
ALROSA to start mining at upper levels of the International mine
ALROSA received approval from the regulatory body Glavgosexpertiza of Russia (the Main Department of State Expertize) for the project to open up and develop reserves at the upper horizons of the International (Inter) underground...
Hong Kong Indian Diamond Association Joins WFDB
Antwerp, 2020: The Hong Kong Indian Diamond Association (HKIDA) has joined the World Federation of Diamond Bourses (WFDB) as an Associate Member, granting it Observer status in various organizational forums. HKIDA is an association...
GIA and IBM Research Join Forces to Transform Diamond Grading
CARLSBAD, Calif. – July 27, 2020 – GIA (Gemological Institute of America), the world’s leading independent diamond identification and grading authority, and IBM Research, one of the world’s largest and most influential corporate research...
Proposes Diamond Free Trade Area in Ramat Gan
Ramat Gan, Israel, July 27, 2020 A delegation from the Israel Diamond Exchange (IDE), led by President Yoram Dvash, presented its case for increased government aid to the Israeli diamond industry at a special...
Christie’s Geneva July sales realises $57,903,296
Christie’s July Luxury sales in Geneva realized a combined total of CHF54,625,751 / $57,903,296 / £45,885,630 for 195 pieces of jewelry, 226 watches, and 819 fine wines, with a combined sell-through rate of 81%....
Rio Tinto operates its global mine to market diamonds business throughout the COVID-19 pandemic
Rio Tinto, 100 percent owner of the Argyle diamond mine in Australia and the operator and 60 percent owner of the Diavik diamond mine in Canada, has put in place extensive controls through a...
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Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable
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Gemfields Divests Fabergé to SMG Capital in $50 Million Deal
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De Beers and Endiama Uncover Promising New Kimberlite Field in Angola
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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