De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…
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Year: 2024
Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the…
The World Platinum Investment Council (WPIC) has forecasted a global platinum supply deficit for the third consecutive year in 2025,…
Hupari, a town in Maharashtra’s Kolhapur district, has been recognised as a “silver zone” by the Indian government due to…
The Gem and Jewellery Export Promotion Council (GJEPC) is hosting the India Pavilion at Jewellery Arabia 2024, marking its 21st…
Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. …
The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…
India has seen a significant increase in the value of its privately held gold stocks, according to estimates by the…
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has announced initiatives to develop the state as a hub…
Russia’s state-controlled diamond mining company Alrosa has announced plans to scale back production and reduce its workforce in 2025. This…
Luk Fook has reported a 27.2% decline in revenue for the six months ending 30 September 2024, amounting to HKD…
Sky Gold, a midcap company in the diamond and gold jewellery sector, achieved an all-time high in its stock price…
Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…
The Gem & Jewellery Export Promotion Council (GJEPC) hosted a session titled Empowering Women Entrepreneurs in the Business of Gem…
De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…
The Natural Diamond Council (NDC) and jewellery retailer Jos Alukkas have announced a partnership aimed at enhancing consumer education and…
Titan Company has reported a 26% increase in jewellery revenue for Q2FY2025 (July to September 2024), with growth followwing a…
Gold prices have hit historic highs, recently surpassing US$2,700 per ounce, sparking industry-wide speculation about what’s driving this surge. While…
A new campaign at London Luton Airport, in collaboration with jeweller Queensmith, aims to protect the element of surprise for…
The European Union (EU) has issued a statement expressing further dissatisfaction with the Kimberley Process (KP) over its inability to…
A new report, Silence is Golden, jointly authored by The Rt. Hon Dominic Raab and the World Gold Council, reveals…
Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…
After several months of decline, India’s diamond exports showed growth in October 2024, driven by increasing demand for both natural…
The Directorate General of Foreign Trade (DGFT) has officially designated Amritsar Airport as an authorised export point for gold, silver,…
The global luxury market is forecasted to reach nearly €1.5 trillion in 2024, according to the latest Bain & Company…
The diamond market in Panna, known for producing high-quality diamonds through small-scale mining, is facing significant challenges. A substantial volume…
The Central African Republic (CAR) has been reinstated as a full participant in the Kimberley Process (KP), ending an 11-year…
Authorities investigating the high-profile 2022 TEFAF jewellery heist have intensified efforts with a new search operation in Verviers, Belgium. Using…
Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million. Founded in 2016 by…
Titan Company has indicated that it may be considering an entry into the lab-grown diamond market. During the company’s Q2…