One in 10 Luxury Watches are Fake, says Watchfinder CEO
As many as one in 10 luxury watches are fakes, says Arjen van de Vall, CEO of Watchfinder, the UK's largest seller of second-hand timepieces.
He says it's getting harder and harder, even for his...
Certified Carbon Footprint for Any Mined Diamond
New technology will calculate the carbon footprint of each individual natural diamond, from mine to polisher, and certify that figure on a blockchain.
CarbonVero will provide an exact measure of the greenhouse gas emissions and...
IIG Celebrates 29th Convocation Ceremony
The International Institute of Gemology (IIG) held its 29th Convocation Ceremony in Mumbai on 30th June, 2023 to honour the exceptional achievements of graduating students in the field of gems and jewellery. The event...
Gem Diamonds Recovers Second +100-ct Stone This Year
Gem Diamonds has recovered its second +100-ct diamond of the year at its Letseng mine, in Lesotho.
The UK-based miner described it as "an impressive 163.91-carat yellow diamond".
But it will be hoping for more. Recoveries...
Thousands of Tonnes of Diamonds Rain Down on Saturn
Thousand of tonnes of diamonds are literally raining down on Saturn and Jupiter, say scientists.
They believe frequent lightning strikes turn methane around the two planets into soot — carbon — which hardens as it...
Tiffany’s New Flagship Store Hit by Blaze
Firefighters in New York tackled an electrical blaze at Tiffany & Co's new $500m flagship store, on Fifth Avenue, Manhattan.
Fourteen fire appliances and 80 firefighters were involved at the height of the blaze, according...
U.S. antitrust regulator plans to target Amazon’s online marketplace
The U.S. antitrust regulator is planning to file a suit targeting Amazon.com's core online marketplace in the coming weeks, Bloomberg News reported on Thursday, citing documents and people familiar with the matter.
The main allegation...
Diamond Industry Leaders Discuss Ways To Foster Economic Growth At B20 Summit In Surat
The Business 20 (B20) Surat Meet, the official G20 dialogue forum with the global business community, took place in Surat, India on 1st July, 2023. The event was organised by the Confederation of Indian...
Senco Gold Aims To Raise ₹405 Crore In IPO
Senco Gold Limited, a renowned jewellery retailer, is set to open its initial public offering (IPO) on 4th July, aiming to raise up to ₹405 crore (approx. $50 million). The IPO consists of a...
Botswana’s Diamond Share to Double in New De Beers Agreement
The Botswana government is to see its share of De Beers diamonds double from 25 per cent to 50 per cent over the next 10 years, after both sides reached a last-minute agreement on...
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