Alrosa: New Finds could take Total Reserves to 1.1bn Carats
Alrosa says it expects to find more diamonds in Yakutia and beyond, which could take total reserves to an estimated 1.1bn carats.
It also says rough production for 2022 is expected to total 35.5m carats,...
LVMH Boss has Shares in Rival Richemont
Billionaire Bernard Arnault, chairman and CEO of the luxury conglomerate, is reported to have bought shares in Swiss rival Richemont, reviving speculation of a possible takeover bid.
Arnault, with an estimated net worth of $194bn...
Budget 2018 Highlights India: Key points in Arun Jaitley presentation that you might have...
Budget 2018 Highlights: Finance Minister Arun Jaitley today presented the last full budget of PM Narendra Modi government. PM Modi in his reaction after the presentation said, "This budget has devoted attention to all...
Brother Wolf Donating Proceeds to Pittsburgh Synagogue
Pittsburgh, Pennsylvania company Brother Wolf makes religious jewelry and is located about a mile from the Tree of Life Synagogue, the synagogue where 11 people were killed last week. Pictured is a Brother Wolf...
Anglo American Cuts 3,700 Platinum Jobs
Anglo American is to cut 3,700 jobs in its platinum division after profits plunged.
It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in...
NDC & Black In Jewelry Coalition To Launch Jewellery Education School Program In New...
Natural Diamond Council (NDC) in partnership with Black in Jewelry Coalition (BIJC) will launch the first-of-its-kind jewellery education program at Baldwin High School, in Baldwin, New York. The pilot program will begin in the...
De Beers Ropes in Suryakumar Yadav to Celebrate the Journey of Natural Diamonds
Renowned diamond company De Beers Group has joined hands with Indian cricket sensation Suryakumar Yadav in a new brand collaboration aimed at highlighting the enduring value and resilience of natural diamonds.
Announced on 6 April...
U.S. Economy Has Seen ‘Vigorous Growth’ Despite Recent Slowdown: NRF
After a year of challenges, the U.S. economy has proven to be healthy even as it continues to slow, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said.
“The U.S. economy is on track to...
Duty Drawback, RoDTEP and RoSCTL Benefits Now Available for Courier Exports
The Central Board of Indirect Taxes and Customs (CBIC) under the Dept. of Revenue, Ministry of Finance has issued a circular introducing a new system that extends export-related benefits, including Duty Drawback, Remission of...
De Beers Forecast Unchanged Despite Lower Q3 Production
De Beers says its full-year production forecast for 2023 remains unchanged - at 30m to 33m carats - despite a 23 per cent drop in Q3 output.
Most of that was because of its Venetia...
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GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
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Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling
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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...
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