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Dubai-China deal to boost diamond trade

The Dubai Multi-Commodities Center (DMCC) and the Guangzhou Diamond Exchange (GZDE) inked an agreement aimed at creating new diamond trading opportunities between China and...

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Sales of jewelry and other luxury items in Hong Kong plunged in May, even as the market showed signs of recovery amid an easing...
Cattle Farmer's Delight as he Unearths Rare Tanzanite Worth $3.4m

Cattle Farmer’s Delight as he Unearths Rare Tanzanite Worth $3.4m

An African farmer has become an overnight millionaire after unearthing two huge slabs of Tanzanite, one of the world's rarest gemstones. Saniniu Laizer, 52,...
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Gold Prices Reach Seven-Year High on Fears of Second Wave of COVID-19 Infections

The price of gold, which has already increased significantly during 2020, hit new seven-year highs this week surging past US$ 1,773 per ounce. The...
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ALROSA suspends works at its Inter mine for up to 2 weeks

ALROSA decided to suspend works at its Inter underground mine as several employees were tested positive for the coronavirus infection. Operations are expected to...
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