Browsing: Industry News

The Pantone Colour Institute has announced its Colour of the Year for 2025: Pantone 17-1230, also known as “Mocha Mousse.” The…

Maruti Impex, a prominent manufacturer of polished natural diamonds, has announced a temporary closure of its operations, directly affecting approximately…

Boodles has reported a pre-tax profit of £18.1m for the latest financial year, despite a 1.3% dip in sales to…

India, the world’s largest hub for diamond polishing, is intensifying its call for a domestic diamond export certification centre following…

De Beers has released the dates for its 2025 rough diamond sales, confirming 10 sights across the year.At its final…

Twelve individuals have been arrested in connection with a staged Enforcement Directorate (ED) raid targeting a jeweller’s residence and showroom…

An 18-year-old goldsmith tragically lost his life, and another sustained injuries, after a 250-kilogram jewellery rolling mill machine toppled in…

A recent rescue operation in Choolai, Chennai, freed seven children aged 13 to 17 from a jewellery-making unit. The children, all…

The 51st India Gem & Jewellery Awards (IGJA), hosted by the Gem & Jewellery Export Promotion Council (GJEPC), celebrated excellence…

De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…

Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the Russian…

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. This…

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 decision,…

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 numerous…

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…