ALROSA sells large diamonds for $14.5 mln at the auction in Israel
Moscow, May 31, 2018 - ALROSA, the world's largest diamond producer, has sold special size rough diamonds (weighing over 10.8 carats) at the auction in Israel, having received $14.5 million revenue from sales.
The company...
Botswana Goes Ahead with HB Purchase
The government of Botswana is to go ahead with its purchase of a 24 per cent stake in HB Antwerp.
That's according to documents providing details of finance minister Peggy Serame's national 2024/25 budget, presented...
De Beers CEO Al Cook Pens Open Letter To G7 Leaders & Technical Committee
As the countries of the G7 come together to discuss new import measures designed to prevent the flow of Russian diamonds through their borders, De Beers Group CEO, Al Cook, has published an open...
Indian Polishers Warned over G7 Sanctions
Diamond companies in India have been warned they must keep "meticulous" records to comply with G7 sanctions on Russian goods.
The Gem and Jewellery Export Promotion Council (GJEPC) has told its 7,500 members to make...
Harsh Precious Metals visit
Breaking the barriers of conventional training!
JK Diamonds Institute of Gems and Jewelry arranged a factory visit for students of Jewelry Designing Graduate (CAD) at the renowned Harsh Precious Metals Pvt. Ltd, Goregaon, which was...
Hublot unveils high jewellery versions of three of its popular timepieces
Swiss luxury watchmaker Hublot has released diamond-studded high jewellery editions of three of its top-selling timepieces.
The three new Hublot models, the brand said, marry the technical performance of the manufacture movements, the sophisticated beauty...
Russian mining giant Alrosa reopens US office
In a bid to further strengthen its business in the US, Russia's Alrosa recently reopened its representative office in New York where it successfully held a rough diamond auction.
According to the company, the auction...
LVMH is World’s Most Valuable Luxury Group
LVMH is the world's most valuable luxury company, based on market capitalization and revenue.
That's according to Insider Monkey, the investing website that has just published its top 25, based on a snapshot of their...
US Jewelry Sector Shrinks Again
The US jewelry sector shrank again in Q2 of this year, with the overall loss of 462 retailers and more than 100 wholesalers and manufacturers.
That's lower than the last two quarters, according to statistics...
De Beers’ Q3 Diamond Production Down 23% To 7.4 Million Carats
De Beers said rough diamond production for Q3 2023 decreased by 23% to 7.4 million carats, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations and begins the...
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