De Beers Sells $445m Amid Ongoing Uncertainty
De Beers today (17 April) reported $445m of rough sales (provisional figure) during its third cycle of the year, a very slight increase on $431m at its second cycle.
Ongoing economic uncertainty, together with a...
Zimbabwe’s $20bn of “Disappeared” Diamonds
Corruption in Zimbabwe has cost the country at least $20bn in "disappeared" rough diamonds, according to veteran economist and former member of parliament Eddie Cross.
He accuses the late Robert Mugabe, who served as prime...
GJEPC Hosts 3rd Export Certificate Course in Rajkot
GJEPC’s Surat Regional Office successfully concluded the 16th batch of a two-day Export Certificate Course on 22nd December 2024, in Rajkot. This marks the 3rd batch in the city to benefit from this program.
A...
DGFT Introduces Bulk Upload and API Integration for Self-Certification of eBRC
The Directorate General of Foreign Trade (DGFT) announced significant improvements to the online self-certification process for electronic Bank Realisation Certificates (eBRCs). Building on the success of a pilot program in November 2023, the DGFT...
Interior Minister Backs Antwerp’s Diamond Sector Amid Challenges
Belgium's Interior Minister, Annelies Verlinden, has expressed strong support for Antwerp's diamond industry, calling for robust government measures to sustain its position as a global trade hub. Speaking at the World Economic Forum in...
Alrosa Announces Increased Sales for 2023
Alrosa reported a 9 per cent increase in rough diamond sales in 2023, to $3.55bn, despite Western attempts to impose sanctions over its invasion of Ukraine.
However net profit dropped 15 per cent to $939.3m,...
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...
Varda Shine, Former De Beers Senior Exec, Named Interim Chair Of Petra Diamonds
Petra Diamonds has appointed Varda Shine, Senior Independent Director, as Chair of Petra with effect from the conclusion of its Annual General Meeting in mid-November. The previous Chairman Peter Hill CBE retired from the...
Third Man Jailed over Jeweler’s Homicide
A 66-year-old man has been convicted and sentenced in connection the murder of jeweler in Connecticut, USA.
Thomas Liberatore was handed a 32-year sentence for his role in what police described as the "cold-blooded murder"...
LVMH 2023 Watch and Jewelry Sales hit $11.8bn
LVMH saw improved performances from its watches and jewelry businesses during 2023, with reported revenue up three per cent to $11.84bn.
Organic revenue grew by a "robust" 7 per cent and profit from recurring operations...
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India’s Q1 Gold Jewellery Volumes Decline as High Prices Reshape Buying Trends: WGC
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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
De Beers Group reported a strong start to 2026, with rough diamond production climbing 17% year-on-year to 7.1 million carats in the first quarter....
Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient
Etsy delivered stronger-than-expected first-quarter revenue, benefiting from stable consumer demand, rising buyer activity, and higher spending per customer despite a cautious economic backdrop.
The online...
Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling
During her high-profile visit to the United States alongside King Charles III, Queen Camilla has once again demonstrated that royal jewelry is far more...
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