De Beers Launches Holiday Campaign For Natural Diamonds
De Beers Group launched a new marketing campaign, ‘Forever Present’, to reinforce desirability for natural diamonds over the key holiday gifting season in the US. The campaign sees the return of the iconic ‘A...
Buyers “Positive” as TAGS Sells $14m Rough
Trans Atlantic Gem Sales (TAGS) sold just over $14m of rough at its latest tender in Dubai, with buyers appearing a little more positive.
Bidding was strong across all ranges, the company said, and many...
Newfield Resources Eyes Strategic Partner for Sierra Leone’s Tongo Diamond Mine
Australian mining company Newfield Resources is set to bring in a new partner to manage operations at its Tongo diamond deposit in Sierra Leone. The company has signed a non-binding term sheet with fellow...
US Customs Seize $10m of Counterfeit Jewelry
Three separate shipments of counterfeit jewelry with a combined value of more than $10m (if genuine) were seized entering the US in a 24-hour period.
A total of 2,387 items fraudulently branded with Van Cleef...
CaratLane Opens First International Store in the US
CaratLane, a leading Indian omnichannel jewellery brand, has opened its first international store in New Jersey, USA. This marks a new chapter for the brand as it seeks to connect with customers worldwide.
“As the...
391-ct Diamond Recovered in Sierra Leone
A huge 391.45-carat Type IIa diamond has been recovered at the Meya Mine, in Sierra Leone.
Mining bosses are delighted with the stone, the second biggest in the deposit's history.
But were disappointed to discover it...
CIBJO Releases Report on Greenwashing in Jewellery Marketing
As the 2024 CIBJO Congress approaches, the organisation has released its eighth pre-congress Special Report. This report, prepared by the CIBJO Ethics Commission, focuses on the issue of greenwashing in the jewellery industry.
Greenwashing, the...
De Beers Rough Production Down 15%
De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter.
The H1 figure (16.5m carats) is down 19 per cent on the...
GIA Adds Traceability Information To Cultured Pearl Reports
Technology developed by Hong Kong-based Fukui Shell Nucleus Factory creates opportunities for tracing cultured pearls through the supply chain. Gemological Institute of America (GIA) reports for cultured pearls containing the bead nuclei embedded with...
Paparazzi Accessories to Pay $1.9M Settlement Amid Pyramid Scheme Allegations
Multilevel marketing (MLM) company Paparazzi Accessories, known for its $5 fashion jewelry, has agreed to a $1.9 million settlement following accusations of operating a pyramid scheme.
The settlement follows an investigation by the Washington State...
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