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AGD Diamonds Acquires Grib Diamonds to Establish Full Service Enterprise

AGD Diamonds Acquires Grib Diamonds to Establish Full Service Enterprise

JSC Arkhangelskgeoldobycha recently announced that it has been officially renamed JSC AGD Diamonds. This move was a result of “its new marketing policy and the brand’s international positioning aimed at its customers, the buyers...
Angolan Government Aims Diamond Revenue

Angolan Government Aims to Introduce New Marketing Model to Enhance Diamond Revenue

The Angolan government plans to implement reforms in the diamond sector including the creation of a marketing model that is “morebalanced” and does not “impair producers”, according to media reports that suggest that sales...

Pandora withdraws 2020 financial guidance as its “no longer meaningful”

Jewelry giant Pandora is withdrawing its financial guidance for the year, stating it is “no longer meaningful” amid the impact coronavirus is having on business. The recent COVID-19 escalation has had a negative impact on...
De Beers Q1 Production Flat at 8.9m carats

De Beers Q1 Production Flat at 8.9m carats

De Beers produced 8.9m carats in Q1 of this year, exactly the same as Q1 last year, according to figures released today by parent company Anglo American. Production was up almost 10 per cent on...

‘Lockdown has accelerated jewellery sector’s digital appetite’

Digital initiatives created by suppliers during the pandemic to support retailer sell-through have greatly increased the industry’s chances of bouncing back from the challenges it currently faces, according to buying group Houlden. Chief executive Helen Haddow...
Grizzly Emerald Auction Generates Record US$48.63 million

Grizzly Emerald Auction Generates Record US$48.63 million

Grizzly Emerald Auction Generates Record US$48.63 million  Lusaka, Zambia: 10 August 2023, Grizzly Mining Limited, one of the world’s largest  producers of emeralds, is pleased to announce the results of latest international  emerald auction held...
Roberta-Naas

TrueFacet Hires Roberta Naas as Executive Editor

New York--Longtime watch and jewelry writer Roberta Naas has joined online marketplace TrueFacet as executive editor. In this newly created role, Naas will focus on creating informative and long-form articles designed to bridge industry news...
House of Fraser

House of Fraser closures to impact emerging jewellery brands

House of Fraser announced yesterday that it intends to close 31 out of its 59 shops as part of an extensive rescue plan. If the plan is approved, 2,000 House of Fraser employees will be...
Pendant

It’s Summertime Somewhere

Jewels for the winter-averse There are those who pack their bags and head to Hawaii come the holiday season (personally, I think that sounds fabulous, and I’d love to give it a try sometime). For...
Light and shadow of gavel in the darkness. 3D rendering.

Carnegie Institution Seeks Cut of Rising Lab-Grown Diamond Sales

The Carnegie Institution of Washington, filed lawsuits in New York alleging its patents for growing diamonds in a lab are being infringed by some top makers of such gem stones

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Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year...
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...
Boucheron Bucks Trend as Kering Revenue Falls Again

Boucheron Bucks Trend as Kering Revenue Falls Again

Kering, the French luxury group, reported an 11 per cent drop in revenue to $4.8bn during Q1, but reported double-digit growth at Boucheron and...
Luxury Companies Could Bid for De Beers

Luxury Companies Could Bid for De Beers

Speculation is mounting over the future of loss-making diamond giant De Beers, as its parent company Anglo American faces a takeover bid from its...
De Beers Moves Auctions HQ to Botswana

De Beers Moves Auctions HQ to Botswana

De Beers is moving its auctions headquarters from Singapore to Botswana in a move designed to streamline its operations and cut costs. The UK-based miner...
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