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Petra Sells Mothballed Mine to Stargems

Petra Sells Mothballed Mine to Stargems

Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration". The loss-making deposit, which Petra bought from De Beers in...
Time for Change: Sotheby's Underground, Gender-Free Watch Auction

Time for Change: Sotheby’s Underground, Gender-Free Watch Auction

An underground auction of vintage watches, held in a Geneva wine cellar, raised $1.3m, almost double its pre-sale high estimate. Sotheby's offered 24 avant garde...
New Rainbow Edition of Billionaire III Watch

New Rainbow Edition of Billionaire III Watch

Luxury watchmaker Jacob & Co has announced three new editions of its famous Billionaire III watch. The bracelet of the Rainbow is fashioned from 580...
AGTA Bans Non-Natural Gemstones

AGTA Bans Non-Natural Gemstones

Lab grown gemstones are to be banned from all trade shows run by the American Gem Trade Association (AGTA). The Dallas-based not‐for‐profit association says exhibitors...
Dragon-Themed Demand Drives Chow Tai Fook Sales

Dragon-Themed Demand Drives Chow Tai Fook Sales

Hong Kong-based Chow Tai Fook (CTF) reported a 12.4 per cent growth in retail sales value (RSV) during Q4 of 2023. It said the post-Covid...
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