ALROSA Increases Insurance Cover for the Group; Includes New Heads in the Policy
ALROSA recently entered into a new one-year insurance contract with the SOGAZ Group. The new insurance cover for ALROSA and its eight subsidiary companies amounts to RUB 674.8 billion – a figure which is...
Rio Tinto Unveils 2018 Argyle Pink Diamonds Tender Including Largest Vivid Pink Presented
Rio Tinto yesterday unveiled the 63 diamonds that will constitute the 2018 Argyle Pink Diamonds Tender, including the largest Vivid Pink diamond that has ever been presented since Argyle launched these tenders in 1984....
GJEPC’s Sustained Vigilance Aids Authorities in Unearthing Money Laundering Scam
The newspapers this morning contained reports of an import scam to the tune of Rs. 3000 crore and the arrest of four persons in this regard.
The Gem & Jewellery Export Promotion Council (GJEPC)...
WFDB Names New World Diamond Mark Chairman
The World Federation of Diamond Bourses (WFDB) has announced that former Dubai Diamond Exchange (DDE) president Peter Meeus will take over as head of its World Diamond Mark (WDM) programme.
Meeus is a diamond industry...
Gold Prices Subdued as Dollar Extends Rally
Gold prices were muted early Friday as the dollar extended gains from the previous session when strong US inflation data and trade war concerns boosted demand for the greenback.
FUNDAMENTALS
Spot gold was down about 0.1...
COLLECTION: Silver chains shine for Thomas Sabo AW18
For AW18, Thomas Sabo has launched a collection of sterling silver chains crafted in its hometown – Germany.
After the launch of its Charm Club at the beginning of the year, for the new collection...
GIA works with Princeton University on advanced diamond research
Scientists at Princeton University called on GIA’s expertise in gemmological research and the analysis of optical centres to evaluate how to use the unique properties of diamonds to create a highly secure communications network.
The...
GJEPC Delegation Makes Presentation to Parliamentary Standing Committee on Commerce
A delegation of The Gem & Jewellery Export Promotion Council made a presentation to the Department Related Parliamentary Standing Committee on Commerce which was looking into the “Impact of banking misappropriation on trade &...
Hot Diamonds re-structures team as it gears up for gold jewellery launch
The Hot Diamonds Group has re-structured its team and increased investment in independent sales staff in prepation for the launch of a gold jewellery line.
The new standalone collection, Hot Diamonds Gold, features 9ct gold...
De Beers’ IIDGR Presents AMS Machine to GJEPC for Delhi Region
The International Institute of Diamond Grading and Research (IIDGR), part of the De Beers group pf companies, presented GJEPC with an Automated Melee Screening (AMS) machine that will be used for R&D and training...
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IIGJ Jaipur Engages HR Leaders in Orientation Session on ‘Tarang’ Skilling Drive
The Indian Institute of Gems & Jewellery (IIGJ), Jaipur, under the aegis of the Gem & Jewellery Export Promotion Council (GJEPC), recently hosted an...
De Beers Diamond Production Plunges 36% in Q2 as Demand Slump Persists
De Beers Group reported a significant year-on-year drop in rough diamond output for the second quarter of 2025, producing just 4.1 million carats—down 36%...
LVMH Jewellery Sales Hold Steady at €5.09B in H1 2025 Despite Profit Pressure
LVMH’s Watches & Jewelry segment remained steady in the first half of 2025, generating €5.09 billion in revenue—virtually flat compared to the same period...
Gold Demand Rises 3% in Q2 2025 as Investment Surges, Says World Gold Council
Global gold demand climbed 3% year-on-year in the second quarter of 2025, reaching 1,248.8 metric tons, driven largely by a sharp uptick in investment...