GJEPC Workshop Guides Northern Region Jewellers To Boost Exports
GJEPC’s Regional Office in Delhi organised a workshop titled “How to start exports of gems and jewellery”, with the aim of involving newly enrolled members. This collaborative event, held on 12th July saw the...
Petra Sells Mothballed Mine to Stargems
Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration".
The loss-making deposit, which Petra bought from De Beers in 2007, has been on care and maintenance since November 2022.
Petra...
GJEPC Seminars Draw 1400+ Attendees in Bikaner
GJEPC’s regional office in Jaipur, in collaboration with the Shri Brahman Swarnkar Samaj Samiti (SBSSS) and the Medh Kshatriya Swarnkar Seva Samaj (MKSSS), hosted informative seminars in Bikaner, Rajasthan on 27th October. The events...
Lucapa Resumes Search for Lulo Kimberlites
Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola.
The Australian miner says the exploration program is in full flow again after...
De Beers Joins Forces with GJEPC
De Beers is joining forces with India's Gem and Jewellery Export Promotion Council (GJEPC) to promote natural diamonds to domestic consumers and to increase sales.
Both sides met last week in Mumbai to discuss how...
Argos Watches Secures ₹6.5 Crore to Power Next Phase of Growth
Luxury watchmaker Argos Watches has successfully raised ₹6.5 crore (approx. $761,000) in a recent funding round, pegging the homegrown brand’s valuation at ₹45 crore. The round saw participation from a diverse pool of angel...
Pomellato Acquires High-Level Stone Setting Lab
Italian jeweller Pomellato, under the Kering group, has acquired an established stone setting laboratory in Valenza, a key jewellery manufacturing hub in Italy, for an undisclosed sum to enhance its manufacturing capabilities. Valenza Setting...
Alrosa Secures Top-Tier AAA Credit Rating from ACRA
Alrosa has been awarded the prestigious AAA(RU) credit rating by ACRA. This rating signifies the highest level of creditworthiness on the national scale, paired with a stable outlook, marking a first in Alrosa’s history.
The...
GIA Laboratory in Ramat Gan, Israel, to End Operations
The Gemological Institute of America (GIA) laboratory in Ramat Gan, Israel, will end operations by the end of 2024 due to changes in the global diamond industry that resulted in significant declines in submissions...
Global Luxury Could Grow by 12% This Year, says Bain
The global luxury market could increase by as much as 12 per cent this year, if China bounces back from lockdowns and there's sustained growth in Europe and the Americas.
Even if there's a general...
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