Gemfields hit by Slump in Emerald Sales
Gemfields suffered a slump in sales and prices at its latest auction of rough emeralds from its Kagem mine, in Zambia.
The UK-based company blamed conflicts, elections, and economic uncertainty in China, compounded by a...
GJEPC Advocates for Specialised HS Codes for Indian GI Products at Stakeholder Meet in...
GJEPC attended a stakeholder consultation meeting on 28th August, 2024, at Vanija Bhavan, New Delhi, to discuss the implementation, benefits, potential and challenges involved in introducing Geographical Indication (GI) specialised identifiers for existing Harmonized...
GJEPC Meets Customs Officials to Address Industry Concerns
A high-level meeting was held on 17th August 2024, between representatives of the GJEPC and Customs officials to discuss pressing issues facing the diamond and jewellery industry.
Led by Shri Surjit Bhujabal, Member Customs, the...
Sales Dip, Profits Rise at Brilliant Earth
Brilliant Earth, the US-based "ethical jeweler" saw sales dip in Q2, but reported a slight rise in profits.
The total number of orders rose by 3.6 per cent, but the average order value fell by...
De Beers & GJEPC Discuss Strengthening Indian Market for Natural Diamonds
De Beers and GJEPC held a meeting on 1st August in Mumbai to discuss strategies for bolstering the natural diamond market in India. The discussion centred around the need for education and awareness around...
IIGJ Jaipur Conducts First Convocation, 19 Students Awarded Degrees
The Indian Institute of Gems and Jewellery (IIGJ) Jaipur celebrated its first convocation on 26th July, with 19 students from the inaugural batch receiving their degrees. The ceremony was graced by the presence of...
GJEPC & De Beers Delegation Discuss Current Industry Scenario
A delegation from De Beers, led by Ms. Feriel Zerouki, Senior Vice President of Provenance, Ethics, and Industry Relations, visited the GJEPC head office in Mumbai on 9th July. The De Beers team also...
$1.2m Faberge Egg Reveals 5ct Ruby
Gemfields has showcased its latest Faberge egg, an intricately crafted $1.2m creation which opens to reveal a square five-carat ruby, set in a removable rose gold filigree-like sphere.
It has been named Malaika, the word...
Growth in US Watch and Jewelry Sales Slows in May
The growth in watch and jewelry sales in the US slowed again in May, for the third consecutive month, according to the latest year-on-year estimates by the US Department of Commerce.
Sales are still increasing...
14-ct Emerald Smashes Christie’s Estimate
A 14.033-carat Colombian emerald sold for more than twice its high estimate as highlight of an online sale by Christie's Paris.
The octagonal, step cut gem, described as green of medium strong saturation with minor...
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