$3.5m Yellow Diamond Pulled from Sale

$3.5m Yellow Diamond Pulled from Sale

Another high-value yellow diamond has been withdrawn from sale by auctioneers at the last minute. The 45.07-carat fancy vivid yellow, billed as highlight of the Phillips New York Jewels Auction, was expected to fetch $2.8m...
Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues

Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues

Signet Jewelers reported sales of $1.51 billion for the first quarter of Fiscal 2025, that ended 4th May 2024, marking a 9.4% decline from $1.67 billion in Q1 Fiscal 2024. Despite a challenging start...
Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions

Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions

The Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent...
Alrosa Secures Top-Tier AAA Credit Rating from ACRA

Alrosa Secures Top-Tier AAA Credit Rating from ACRA

Alrosa has been awarded the prestigious AAA(RU) credit rating by ACRA. This rating signifies the highest level of creditworthiness on the national scale, paired with a stable outlook, marking a first in Alrosa’s history. The...
Gemfields Appoints Bruce Cleaver as New Chair

Gemfields Appoints Bruce Cleaver as New Chair

Gemfields Group Limited has announced the appointment of Bruce Cleaver as the new Chair of the Board, effective from 1st July 2024. Cleaver, known for his distinguished leadership and extensive experience in the gemstone...
Rare Diamond Tie-Necklace Sells for $3.6m

Rare Diamond Tie-Necklace Sells for $3.6m

An extremely rare 1929 diamond and platinum "tie-necklace" by Van Cleef & Arpels sold for three times its high estimate, fetching $3.6m at Sotheby's New York. It was described as coming from a distinguished American...
Tokyo Jewelry FES 2024: A Glittering Showcase of Luxury and Elegance Returns for its Second Year

Tokyo Jewelry FES 2024: A Glittering Showcase of Luxury and Elegance Returns for its...

Tokyo, Japan - Tokyo Jewelry FES is back for its second edition, for another captivating experience for jewelry enthusiasts of all ages. It is set to surpass all expectations, presenting a grand showcase of...
Celebrate Friend's Day with radiant gifts: 7 timeless lab-grown diamond treasures for unforgettable moments

Celebrate Friend’s Day with radiant gifts: 7 timeless lab-grown diamond treasures for unforgettable moments

Diamonds have long been cherished as symbols of love, friendship, and enduring beauty. However, with growing awareness of the environmental and ethical implications of traditional diamond mining, lab-grown diamonds have emerged as an appealing...
Alrosa CEO Urges BRICS Nations to Unite for Global Economic Influence

Alrosa CEO Urges BRICS Nations to Unite for Global Economic Influence

Speaking at the St. Petersburg International Economic Forum (SPIEF) 2024, Alrosa CEO Pavel Marinychev noted the formidable collective power of BRICS nations. Addressing a thematic session, Marinychev highlighted the significant economic clout of Brazil,...
Indian Delegation Discusses BRICS Cooperation in Diamond Industry at St. Petersburg Forum in Russia

Indian Delegation Discusses BRICS Cooperation in Diamond Industry at St. Petersburg Forum in Russia

An Indian delegation comprising Mr. R. Arulanandan, Director, Department of Commerce; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Anoop Mehta, President, Bharat Diamond Bourse; and Mr. Sabyasachi Ray, Executive Director, GJEPC, participated in the...

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