Canadian diamond miner Lucara Diamond Corp informed that its mining licence for Karowe was renewed by the Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security for a period of 25 years. The renewal is effective 4th January, 2021, securing Lucara’s mining rights to 2046 and marking a critical step in the formal sanction […]
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]]>UK jewellery brand London Diamonds is allowing customers to make their own choice by offering both lab-grown and naturally mined diamonds. The debate about natural versus lab-grown has heated up in recent years, as synthetic diamonds have become the more ethical and affordable option. While most brands pick one side, London Diamonds is opting to […]
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]]>The Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, may take a historic decision to allow the trading of synthetic or lab-grown diamonds (LGD) within the complex following its Annual General Meeting on 28th December. As per the proposed resolution, if approved, the BDB managing committee will be authorised to set norms for […]
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]]>ALROSA summed up results of online auction for special size rough diamonds. This format allows customers to review and evaluate rough diamonds remotely through the digital twin technology. The December auction became this year’s fourth held online for special size (over 10.8 carats) diamonds. At the auction, ALROSA sold 185 rough diamonds with a total […]
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]]>ALROSA hosted its annual roundtable with finance community. The company’s senior management led by the CEO and the representatives of largest diamond banks and non-bank financial institutions discussed the market’s expectations from 2021 and beyond. Due to persisting travelling restrictions among global epidemiological alert, this year’s event was held online. The participants highly acknowledged ALROSA’s […]
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]]>Fellows Auctioneers has raised nearly £30,000 for a number of charities with its latest Silver & Costume Jewellery sale. The auction ended on 4 December and consisted of 876 lots, many of which were sold for charities like the Alzheimer’s Society and Birmingham Children’s Hospital. This followed a series of three auctions back in September, […]
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]]>Bespoke jewellery brand Vashi is set to open a flagship store in London’s Covent Garden in the New Year. Spring 2021 will see the debut of the store on the corner of London’s iconic Covent Garden Piazza and James Street. With 4,476 square feet spanning two floors, it will be the seventh and largest store […]
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]]>UNI Diamonds, a diamond-focused fintech company run by former De Beers exec Mahiar Borhanjoo, reached an agreement with the Gemological Institute of America (GIA) to integrate GIA Diamond Origin Reports into all of the UNI diamond platforms. Key information about the provenance of diamonds carrying such reports, including images of the rough stones from which […]
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]]>Despite the unprecedented COVID-19 outbreak, life goes on. As the restrictions have started to ease, many business sectors, including the gems and jewelry industry, have adjusted themselves to the new normal. But what will the industry look like in the future? Mr. Somdet Susomboon, Director General of the Department of International Trade Promotion (DITP), the […]
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]]>Initiatives in Art and Culture continues to celebrate the 10th anniversary year of its International Gold Conference in October with the virtual presentation of its award for Leadership in Responsible Practice in Jewelry, and panels exploring the evolution of responsible practice over the past 20 years. New York, NY. October 19, 2020. The more one […]
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