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India's Diamond Industry Hit by 2% Online Sales Tax

India’s Diamond Industry Hit by 2% Online Sales Tax

India's diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a 2% online sales tax. The so-called Equalization Levy...
China's Retail Jewelry

China’s Retail Jewelry Trade is in Recovery

Jewelry stores have shown "encouraging signs" in post-COVID-19 China, according to De Beers. Paul Rowley, its executive vice president of diamond trading, said most retail...
Pandora vows to craft all jewellery from recycled metals by 2025

Pandora vows to craft all jewellery from recycled metals by 2025

Jewellery giant Pandora has announced it will entirely stop using mined silver and gold in its jewellery by 2025 and only buy from recycled...
BlueRock Reports Record Output after Lockdown

BlueRock Reports Record Output after Lockdown

British miner BlueRock reports record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased. Production has been averaging almost 2,000 tons...
Alrosa

Severalmaz cuts production

Arkhangelsk, June 2020 – The Lomonosov Division of Severalmaz, a subsidiary of ALROSA Group, will decrease its 2020 diamond output. This decision was driven...
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