DPA Welcomes New FTC Nomenclature Guidelines; But Expresses Some Concerns
The Diamond Producers Association, (DPA) has issued a statement welcoming the release of the new Federal Trade Commission (FTC) Jewelry Guides, formulated, the organisation noted, “following six years of consultation with the industry”.
“This document...
Global Gold Jewellery Demand Dips in Q2 2018 | The Jewellery Magazine
Global gold jewellery demand posted a slight decline in Q2 2018, compared to the same time last year.
According to the World Gold Council, global gold jewellery demand fell by 2% during the second quarter...
Rare Blue Diamonds May Be Earth’s Deepest Secret
A rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers
WASHINGTON: The Hope Diamond, a rare blue diamond that...
New Law to Attract Investments in Angola’s Diamond Sector
A government policy on the marketing and promotion of Angolan diamonds that is expected to attract foreign investments in the local sector has been enacted into law, according to Lucapa Diamond Co Ltd.
In a...
Rio Tinto’s Diamond Revenue Drops, But Net Earnings of the Division Rise in H1...
Rio Tinto posted overall, positive results for the Group for its performance in the first half of 2018 (H1 2018).
J-S Jacques, Chief Executive of Rio Tinto said “We have reported another strong set of...
Industry Leaders from 11 Countries Attend GIA Global Leadership Program at Harvard Business School
The GIA Global Leadership Program which was held at Harvard Business School (HBS) in Cambridge, Massachusetts was attended by 42 industry leaders from 11 different countries, the GIA said in a release. They were...
British jewellery brand expands retail presence with new flagship store
British jewelry brand Wanderlust Life has expanded its bricks and mortar presence with a bigger store and studio.
Wanderlust Life launched in 2013 as a small start-up business selling understated and minimal jewelry inspired by...
FTC Releases New Guides for Jewellery Sector
US-based Federal Trade Commission (FTC) has issued its revised Jewelry Guides aimed at promoting transparency and proper disclosure in the jewellery sector to prevent unfair trade practices. Industry players however expressed concern over revisions...
De Beers Cycle 6 Sales in Line with Expectations at US$ 530 Million
Releasing the provisional figures for Cycle 6 of 2018, De Beers said that it sold US$ 530 million of rough diamonds, including both Global Sightholder Sales and Auction Sales, during this period.
While the figure...
Baselworld Vows Reforms Amid Swatch Group Exit
Baselworld is setting the stage for fresh reforms that will take place in the 2019 edition as it expressed regret over luxury conglomerate Swatch Group’s departure.
René Kamm, CEO of MCH Group, remarked, “We extraordinarily...
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