DGFT, GJEPC & FIEO Hold Outreach on UK-India Trade Pact Opportunities
The Jaipur office of the Joint Director General of Foreign Trade (Jt. DGFT), in partnership with the Federation of Indian Export Organisations (FIEO) and the Gem & Jewellery Export Promotion Council (GJEPC), hosted an...
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...
GIA India Holds Graduation Ceremony for Jewelry Design Students
GIA India held the graduation ceremony for its Jewelry Design students at its Mumbai campus on 19th April. Devinder Layal, Head of New Product Development, B.N. Jewellers India Pvt. Ltd., was the chief guest....
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...
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...
Gemfields Divests Fabergé to SMG Capital in $50 Million Deal
Gemfields Group Limited has finalized a $50 million agreement to sell its prestigious luxury brand, Fabergé Limited, to U.S.-based investment firm SMG Capital LLC. The transaction includes an upfront payment of $45 million due...
De Beers & GJEPC Discuss Industry Dynamics at Mumbai Meeting
Mr. Paul Rowley, Executive Vice President, De Beers - Global Sightholder Sales, met with the GJEPC leadership including Chairman Mr. Vipul Shah; Vice Chairman Mr. Kirit Bhansali, and officials from the Council's Diamond Panel,...
Pandora Q2 Sales Increase, Despite Uncertainties
Pandora has reported a five per cent growth in Q2 sales, despite ongoing macroeconomic uncertainties.
The Danish jeweler says strong brands and products helped it deliver "robust growth" and it had expanded its network by...
CIBJO Proposes Universal Standards for Gem Labs
Ahead of the 2024 CIBJO Congress in Shanghai, the Gemmological Commission has released a report advocating for the adoption of universal best practices for gem laboratories worldwide.
The report suggests that the CIBJO Gemmological Laboratories...
G7 Ban to Exclude “Grandfathered” Goods
Rough and polished diamonds imported from Russia before new G7 sanctions came into force are not now expected to be covered by the ban.
The status of inventory that pre-dates the sanctions - so-called "grandfathered...
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GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
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Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient
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The online...
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