Anglo American Reports Diamond Output Up 10% on Year in Fourth Quarter
De Beers produced 7.8 million carats in the fourth quarter of 2016 compared with 7.1 million carats in the year-earlier quarter.
However, production for all of 2015 was down 5 percent on 2015 at 27.3...
Richemont Reports Record Sales as Jewelry Demand Soars
Richemont, the Swiss luxury giant, celebrated a strong close to the year with a 14% surge in jewelry sales across its flagship maisons, including Cartier, Van Cleef & Arpels, Vhernier, and Buccellati. The group...
Sales slide for Warren James amid challenging trading conditions
National jewellery retailer Warren James has reported a revenue decrease for the year ending March 2019.
According to accounts filed with Companies House, sales dipped by 6.5% to £110.4m....
GST exemption on warehoused gold a major relief to jewellery exporters
Banks will have to import gold and store it in a customs-bonded warehouse, and then supply to exporters without customs clearance; no relief for bullion refineries, however
Banks and jewellery exporters have a reason to...
Gujarat Poll Blues: Muted gold demand this wedding season
Demand for gold is set to remain subdued this wedding season as restrictions on cash movement in Gujarat due to the ensuing assembly election and the impact of GST have slowed down consumption of...
Botswana Rethinks HB Investment
The Botswana government is rethinking its proposed deal with HB Antwerp, after Canadian miner Lucara last week announced it was pulling out of a 10-year sales agreement with the company.
The government said in March...
India’s Polished Diamond Exports Up 8% in December
India’s overall exports from the gem and jewellery sector during the month of December registered a marginal year-on-year drop of 0.98% at US$ 2.96 billion, with polished diamond exports rising by 7.68% and jewellery...
Leicester jeweller turns down cash grant and opts to support advertising drive instead
Leicester jeweller Lumbers has reported that it will not be accepting a council grant for reopening businesses as the city begins to ease lockdown measures once more.
Leicester was the first place in the UK...
Watch Out! How Earrings For Kids Is Taking Over and What to Do About...
Kids love to follow trends today! Unlike the earlier generation, today's generation is much smarter. Small toddlers know about fashion much more than adults do. Thanks to the exposure they have, young kinds are...
Jewellery, watches drive Richemont sales
Luxury group Richemont reported double-digit growth during the six months ending September 30 on the back of solid jewellery and watch sales.
Group sales rose 21 percent, driven primarily by strong performances of jewellery maisons...
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Christie’s to Auction Largest Fancy Blue Diamond Ever Offered
Christie's has announced the sale of the largest fancy blue diamond ever to appear at auction, further strengthening interest in rare colored diamonds among...
Birks Group Faces Regulatory Penalty Over Compliance Lapses
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