Petra’s Fourth Tender Sees Strong Sales Growth

Petra’s Fourth Tender Sees Strong Sales Growth

Petra Diamonds said its fourth tender cycle of FY 2024 demonstrated robust growth in the market, selling 428,860 carats for $47.8 million, marking a 4.0% increase in like-for-like prices compared to Tender 3 FY...
De Beers Sees 22% Dip in H1 Revenue to $2.8 Billion

De Beers Sees 22% Dip in H1 Revenue to $2.8 Billion

Diamond mining major De Beers reported a decline in revenues in the first half of 2023, amidst the ongoing macro-economic headwinds and a substantial inventory build-up in the midstream. The company’s total revenue for the...
Lucara Forecasts Increased Revenue in 2024

Lucara Forecasts Increased Revenue in 2024

Lucara is forecasting a revenue increase of at least 30 per cent next year after cutting its 2023 prediction earlier this month. The Vancouver-based miner said it would be using it sales channels to maximize...
De Beers Rough Production Down 15%

De Beers Rough Production Down 15%

De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter. The H1 figure (16.5m carats) is down 19 per cent on the...
De Beers: After Botswana Deal, Namibia Could Seek Bigger Share

De Beers: After Botswana Deal, Namibia Could Seek Bigger Share

The government of Namibia could seek an increased share in its sales agreement with De Beers, after the mining giant agreed a phased move to a 50/50 split with Botswana. Namdia, the state-owned diamond company...
Renewed Calls for G7 Verification Point in India

Renewed Calls for G7 Verification Point in India

India is renewing calls for its own G7 diamond verification center, in addition to Antwerp and, as of next year, Botswana. There has been near-universal opposition within the industry to Antwerp as the sole verification...
NDC & Jos Alukkas Join Forces To Promote Natural Diamonds

NDC & Jos Alukkas Join Forces To Promote Natural Diamonds

The Natural Diamond Council (NDC) and jewellery retailer Jos Alukkas have announced a strategic partnership to elevate the natural diamond industry. This collaboration aims to enhance consumer awareness, promote transparency, and drive demand for...
Grizzly Mining Ltd

Grizzly Mining Ltd. Grizzly Emerald Auction Generates US$22.4 million

Lusaka, Zambia: 10th December 2024, Grizzly Mining Limited, one of the world’s largest  producers of emeralds, is pleased to announce the results of its latest international  emerald auction held in Dubai in November 2024....
Buyer Sought for Stornoway Diamonds

Buyer Sought for Stornoway Diamonds

A buyer is being sought for Canadian diamond miner Stornoway, after it filed for bankruptcy protection last month. The company has suspended operations at Renard, the first and only diamond mine in Quebec province, and...
BHP "to Increase Offer for Anglo American"

BHP “to Increase Offer for Anglo American”

BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week. A successful bid would almost certainly mean the sale of De Beers, which doesn't...

Related articles

WFDB Applauds Global Unity Behind Luanda Accord to Champion Natural Diamonds

WFDB Applauds Global Unity Behind Luanda Accord to Champion Natural Diamonds

The World Federation of Diamond Bourses (WFDB) has formally endorsed the Luanda Accord, a landmark agreement signed last week in Luanda, Angola, bringing together...
Nicky Hilton Debuts Theo Grace: A Personalized Jewelry Brand with Heart, Heritage, and Style

Nicky Hilton Debuts Theo Grace: A Personalized Jewelry Brand with Heart, Heritage, and Style

Nicky Hilton Rothschild, a longtime fashion tastemaker and member of America’s most iconic hospitality family, is carving out her own legacy with the launch...
GJEPC Highlights Growth Blueprint for MSMEs at ASSOCHAM’s Mega Sammelan in Lucknow

GJEPC Highlights Growth Blueprint for MSMEs at ASSOCHAM’s Mega Sammelan in Lucknow

The Gem & Jewellery Export Promotion Council (GJEPC) reinforced its commitment to India’s micro, small, and medium enterprises (MSMEs) by actively participating in the...
Kalyan Jewellers Strengthens NCR Footprint with New Noida Showroom, Unveils Candere

Kalyan Jewellers Strengthens NCR Footprint with New Noida Showroom, Unveils Candere

Kalyan Jewellers has further deepened its retail footprint in North India with the inauguration of a brand-new showroom located near Metro Station 50 in...
Jeff Bezos Gifts Lauren Sanchez a Stunning $5 Million Pink Diamond Ring

Jeff Bezos Gifts Lauren Sanchez a Stunning $5 Million Pink Diamond Ring

In a dazzling celebration of love and luxury, Jeff Bezos, founder of Amazon and one of the world’s richest individuals, gifted his bride, Lauren...
- Advertisement -
The Jewelry Central
TJM Advertise Here
X