De Beers Launches First Diamond Auction in Botswana
De Beers has officially restarted its diamond auctions, hosting its first event in Gaborone, Botswana, after a 12-month suspension. This marks a significant shift in the company’s operational footprint, relocating its auction base from...
Canada’s Northwest Territories Introduces Strategic Relief Package to Safeguard Diamond Industry
In a decisive move to support the backbone of its economy, the Government of the Northwest Territories (GNWT) announced a series of relief measures on Tuesday aimed at stabilising the region's diamond mining sector....
Avira Diamonds Enters South Indian Market with Hyderabad Flagship Store
Avira Diamonds, a fast-growing lab-grown diamond jewellery brand, has marked its entry into South India with the launch of its inaugural store in Hyderabad. This move kicks off the company’s ambitious regional expansion, with...
Zen Diamond Expands Mumbai Footprint with New Store in Borivali
Zen Diamond, the internationally renowned fine jewellery house, has unveiled its second store in Mumbai, strengthening its presence in one of India’s most dynamic luxury markets. The brand’s latest boutique has opened at Sky...
Dazzling 53-Carat Yellow Diamond Could Fetch $3.5M at Phillips Geneva
A breathtaking 53.14-carat Fancy Vivid Yellow diamond—hailed as a gem of exceptional color and brilliance—is poised to be the star attraction at Phillips’ Geneva Jewels Auction: IV this May. Internally flawless and set in...
Victor Osimhen Commissions $1M Gold and Diamond Mask—A Symbol of Grit and Glory
Soccer superstar Victor Osimhen has taken luxury to the next level, commissioning a $1 million gold-and-diamond replica of the protective mask that has become his signature on the pitch.
The dazzling piece was crafted by...
De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India
De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’ campaign seeks to blend tradition with modern self-expression by introducing...
Swarovski Reports Return to Profit and Surge in Lab-Grown Diamond Sales
Swarovski has made a strong comeback, returning to profitability after five years of setbacks. The Austrian luxury brand, known for its iconic crystals and jewelry, announced a 6% growth in revenue for 2024 and...
U.S. to Enforce Stricter Diamond Import Rules, Mandating Mining Country Disclosure
The U.S. Customs and Border Protection (CBP) will roll out tighter import regulations for diamonds in April 2025, reinforcing its efforts to block Russian-mined diamonds from entering the U.S. market. The new mandate, aligned...
Diamond Market Faces Decline Amid Slow Demand in January
The diamond industry experienced a sluggish start to 2024, with subdued holiday sales and declining prices, according to the Rapaport Group. While the US holiday season met the industry’s modest expectations, the overall market...
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Titan Expands Lab-Grown Diamond Portfolio with Launch of New Jewellery Brand ‘BeYon’
Titan Company Limited has strengthened its presence in the rapidly growing lab-grown diamond segment with the launch of BeYon, a new jewellery brand designed...
SEBI Alleges Massive Revenue Misstatement at Rajesh Exports, Orders Enhanced Financial Disclosures
India’s capital markets regulator has launched a major enforcement action against gold exporter and refiner Rajesh Exports Ltd., alleging significant discrepancies in the company’s...
BIS Advances Plans for Phased Introduction of Mandatory Silver Hallmarking in India
India is moving closer to the introduction of mandatory silver hallmarking as the Bureau of Indian Standards (BIS) evaluates the infrastructure, testing capacity, and...
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