Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million. Founded in 2016 by…
Browsing: Industry News
Jewellery and watch industry business news, insight and releases, from UK, Europe and around the world. Find out what’s going on in retail jewellery, jewellery manufacturing and up coming events.
Titan Company has indicated that it may be considering an entry into the lab-grown diamond market. During the company’s Q2…
A rare 18th-century diamond necklace, previously part of the Marquess of Anglesey’s collection, achieved a remarkable sale price of CHF…
The International Gemological Institute (IGI) has announced the return of its annual global jewellery design competition, IGI Expressions 2024-25. Now…
Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together…
The Aga Khan Emerald, a rare 37.41-carat square-cut green gemstone, has become the most expensive emerald ever sold at auction,…
A dispute over the ownership and value of the 70-carat “Idol’s Eye” diamond has brought two branches of Qatar’s royal…
Aditya Birla Group’s jewellery venture, Novel Jewels, has announced a significant investment plan of Rs 5,000 crore to open 100…
The Indian government has recently announced the expansion of mandatory hallmarking for gold jewellery and artefacts, extending it to 361…
The Natural Diamond Council (NDC) has published the latest edition of its Diamond Facts report, aiming to counteract perceived misinformation…
CaratLane has launched its first retail store in the USA, with a new location in New Jersey. This new location,…
HB Antwerp, a diamond producer start-up with a focus on traceability and sustainability, has earned the 12th spot on Fortune’s…
The Gemological Institute of America (GIA) has announced it will close its laboratory in Ramat Gan, Israel by the end…
The Central Board of Indirect Taxes & Customs (CBIC) will require, from 1 December 2024, all exporters and importers of…
Diamond prices continued to fall in October, though at a slower pace than in previous months, according to latest Rapnet…
Diamonds Do Good (DDG) has allocated over $250,000 in grants for 2024 to support initiatives in education, empowerment, and economic…
Authorities in Vietnam have detained two Indian nationals attempting to smuggle a combined total of 1,078 diamonds into the country…
In the Fall edition of Gems & Gemology, the Gemological Institute of America (GIA) shared findings on three natural diamonds…
Botswana’s newly elected president, Duma Boko, has announced his intention to expedite negotiations for a new diamond sales agreement with…
The 2024 CIBJO Congress gathered global jewellery industry leaders to address key issues around consumer confidence, sustainable practices, and standardised…
The diamond-cutting and polishing industry in Surat, India’s largest diamond hub, has announced an unprecedented month-long shutdown until November 30,…
India’s diamond export sector is facing ongoing declines, with recent data from the Gem and Jewellery Export Promotion Council (GJEPC)…
The World Federation of Diamond Bourses (WFDB), led by President Yoram Dvash, has called for a coordinated industry initiative to…
Diamond sales from Debswana, the joint venture between De Beers and the Botswana government, dropped significantly in the first three…
Boston-based RR Auction recently concluded its “Space Auction,” with lots including multiple watches with historic ties to space missions, such…
The Ministry of Finance’s Department of Revenue has issued a notification waiving customs duties on “Simply Sawn Diamonds” imported between…
India’s direct-to-consumer (D2C) jewellery sector has attracted $103 million in funding in 2023, according to recent data from market intelligence…
Students enrolled in Gemological Science International’s (GSI) Colored Stone Professional (CSP) programme recently visited Sri Lanka’s Elahera Gem Mine as…
In a large-scale operation named “Operation Torre del Oro,” the Kerala Goods and Services Tax (GST) department recently conducted extensive…
De Beers Group has announced an expansion of its diamond traceability initiatives, revealing plans to provide specific country of origin…