Gem Diamonds Finds 6th 100-Carat-Plus Stone This Year
This 115-carat rough diamond is the latest in a string of big finds this year for London-based miner Gem Diamonds. The mining company said it is a D color, Type IIa stone.
London--Mining company Gem...
Botswana Government Wants First Option to Purchase ‘Unusual’ Diamonds Mined in the Country
The Botswana government is reportedly planning to amend local laws to enable it to have the first option to purchase what it called ‘unusual’ diamonds that are found within the country, according to local...
India’s Polished Diamond Exports Decline 6.5% in August
Exports of cut and polished diamonds from India were US$ 1.82 billion in August 2017, a decline of 6.5% as compared to the US$ 1.94 bn in the same month a year earlier, according...
Female Self-Purchases of Diamonds Hit Record Levels, De Beers Says
The female self-purchase segment has become an increasingly important part of the diamond jewelry market, according to De Beers’ latest Diamond Insight Report.
In the United States, 33 percent (i.e., one-third) of all female nonbridal...
GSI Hosts Seminar on ‘Successful American Retail Strategies’ in Dubai
Gemological Science International (GSI), in collaboration with Preferred Jewelers, presented a seminar on ‘Successful American Retail Strategies’ for members of the trade in Dubai. The event, held in the DMCC was addressed by Andie...
Changing Face of Eve Creating New Source of Demand Says De Beers Insight Report
De Beers’ The Diamond Insight Report 2017 released today says that the year “2016 saw the return of positive trends throughout the diamond pipeline” – an assertion which should bring some cheer to the...
GJEPC Welcomes GST Council’s Decision Harmonising GST rates for Import of Rough Diamonds
The GJEPC has welcomed the decision of the GST Council to harmonise rates for import of rough diamonds across all HS Codes, thus reducing the GST on the industrial and unsorted diamonds category from...
Sif Jakobs Jewellery opens 14 new accounts at IJL
Award-winning Danish jewellery brand Sif Jakobs Jewellery enjoyed a hugely successful IJL show earlier this week, securing 14 new accounts over the course of the three-day event.
These new accounts take the brand’s total number...
Lucapa Earns US$ 7.4 Million from 7th Sale of Lulo Rough in 2017
Lucapa Diamond Company has announced that the seventh sale of alluvial diamonds from the Lulo mine this year has generated gross proceeds of US$ 7.4 million, taking gross proceeds from Lulo diamond sales to...
ALROSA Holding Auctions of Rough and Polished Diamonds on Sidelines of the EEF
On September 6 and 7, ALROSA is holding two auctions for the sale of both, rough and polished diamonds, on the sidelines of the Eastern Economic Forum (EEF) currently being held in...
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GJEPC Welcomes Customs Notice for Jewellery Repair Imports
GJEPC extended its gratitude to the Customs Department for issuing a Public Notice that streamlines the import process for jewellery repair and return. The...
Job Losses at Tiffany Subsidiary in Antwerp Amid Diamond Industry Struggles
A subsidiary of luxury brand Tiffany & Co., Laurelton Diamonds, is set to lay off 26 employees at its Antwerp operations as the company...
Sotheby’s Launches Extraterrestrial-Inspired Watch Auction
Sotheby’s Geneva is preparing for an extraordinary event—an auction that transcends time and space, quite literally. Titled "Area_51," this upcoming sale on April 3...
Swarovski Opens Its Second-Largest Store in India at Pacific Mall, New Delhi
Swarovski, the renowned crystal jewelry and accessories brand, has launched its second-largest brick-and-mortar store in India at Pacific Mall Tagore Garden in New Delhi....
Kirtilals Unveils Six Exclusive Diamond Collections in Chennai
Kirtilals, a leading name in luxury jewellery, has expanded its repertoire with the launch of six exclusive diamond collections under the "Lustre & Legacy"...
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