India’s authorities seize more of Nirav Modi’s assets
India’s The Enforcement Directorate (ED) announced it had seized “movable and immovable properties located in Mumbai and Surat, having market value of Rs147.72 crore consisting of eight cars, plant and machinery, consignments of jewellery,...
UK gold jewellery demand hit by pre-Brexit jitters
UK gold jewellery demand was hit by pre-Brexit jitters, reveals the World Gold Council (WGC) in its Gold Demand Trends Q3 2017 report.
While gold jewellery demand suffered globally in Q3 2017, weakness in Europe...
Lucara Presents 2018 Outlook: Production 270,000 – 290,000 Cts; Revenue US$ 170-200 Mn
Lucara Diamond Corp has projected that production from its Karowe Mine in Botswana in 2018 would be about 270,000 to 290,000 carats with revenue reaching between US$ 170 million to US$ 200 million. The...
India’s Polished Diamond Exports Up 7.5% in June
Exports of cut and polished diamonds from India were US$ 1.98 billion in June 2017, a rise of 7.47% as compared to the US$ 1.84 bn in the same month a year earlier, according...
Myne London partners with LA jeweller Octavia Elizabeth to provide ethical and traceable emeralds
British supplier of exceptional emeralds from Pakistan to collaborate with Californian jeweller on its Nesting Gem Collection, starting in August 2021.
LONDON based emerald supplier and bespoke fine jeweller, Myne London, has announced a partnership...
Pallinghurst Resources Rebrands Itself as Gemfields Group, To Focus on Coloured Gemstones
Pallinghurst Resources Ltd, which acquired control of gemstone mining company Gemfields last year, has announced that it will rebrand itself as the Gemfields Group Limited following the approval of the name change resolution at...
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...
Warren James records surge in full-year sales and profits
National jewellery retailer Warren James has reported a rise in profits to £42.7m in the year ended 31 March 2017.
In accounts filed by Companies House this week, Warren James recorded a 12.3% increase in...
Birmingham jewellery manufacture to flourish despite challenges
Birmingham’s Jewellery Quarter has a bright future in manufacturing, boosted by strong skill sets and cheap rents, and will flourish despite uncertainty over Brexit and a pollution charge.
Several large-scale manufacturers are based in the...
Firestone Diamonds Reports Strong Production in Q4 2018
Firestone Diamonds plc reported an exceptional operational performance that resulted in several new production-related records at its Liqhobong Diamond Mine during the quarter ended 30 June 2018 (Q4 FY 2018).Liqhobong is owned 75% by...
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