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...
CIBJO President Discusses Methods of Responsible Sourcing During visit to Colombia
On a recent visit to Colombia, CIBJO President Gaetano Cavalieri held wide-ranging discussions with representatives of the country's government and industry on methods for responsible sourcing of coloured gemstones, which included possible alternatives that...
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Diamond Market Faces Decline Amid Slow Demand in January
The diamond industry experienced a sluggish start to 2024, with subdued holiday sales and declining prices, according to the Rapaport Group. While the US...
Kalyan Jewellers Launches “Crafting Futures” to Empower Artisans
Kalyan Jewellers has introduced a transformative Corporate Social Responsibility (CSR) initiative, “Crafting Futures,” aimed at uplifting jewellery artisans and preserving traditional craftsmanship. With an...
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