De Beers Sells $445m Amid Ongoing Uncertainty

De Beers Sells $445m Amid Ongoing Uncertainty

De Beers today (17 April) reported $445m of rough sales (provisional figure) during its third cycle of the year, a very slight increase on $431m at its second cycle. Ongoing economic uncertainty, together with a...
Dragon-Themed Demand Drives Chow Tai Fook Sales

Dragon-Themed Demand Drives Chow Tai Fook Sales

Hong Kong-based Chow Tai Fook (CTF) reported a 12.4 per cent growth in retail sales value (RSV) during Q4 of 2023. It said the post-Covid tourism recovery, strong demand ahead of the Lunar New Year...
Another Quarter of Growth at Titan

Another Quarter of Growth at Titan

India's Titan Company enjoyed another quarter of growth in jewelry sales, according to its latest update. Titan, part of Tata Group, the country's largest conglomerate, reported an 18 per cent year-on-year increase in sales for...
Diamond Edition of Breakfast at Tiffany's

Diamond Edition of Breakfast at Tiffany’s

A signed first edition of Breakfast at Tiffany's has been rebound with 1,000 carats of diamonds, and is being sold for $1.5m. The cover features a map of Manhattan. The main streets are platinum pavé...
G7 Sanctions are Lose-Lose, say African Producers

G7 Sanctions are Lose-Lose, say African Producers

The new G7 sanctions will be a "lose-lose situation" say African diamond producers. Routing all EU-destined diamonds though a single entry point in Antwerp will create "a logistical nightmare for producer countries," Lefoko Moagi, Botswana's...
Gemfields Sells $262m Despite Lower Production

Gemfields Sells $262m Despite Lower Production

Gemfields, the British gemstone miner, reported near-record revenues of $262m for FY2023, despite lowered production of both emeralds and rubies, and the cancellation of an emerald auction. Revenue from Kagem, the Zambian emerald mine fell...
GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC recently conducted a highly informative Outreach Program focused on obtaining Authorized Economic Operator (AEO) status towards enhancing international trade operations, strengthening supply chain security, and enhancing global competitiveness. Held on 18th March, 2024,...
Gems and Jewellery Export Promotion Council GJEPC

GJEPC Delhi RO Webinar Highlights India-UAE CEPA Potential for Gold Industry Growth

GJEPC’s Delhi Regional Office hosted a webinar on 14th March focused on exploring the potential of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and its impact on the gold industry through the India International...
Indian Polishers Warned over G7 Sanctions

Indian Polishers Warned over G7 Sanctions

Diamond companies in India have been warned they must keep "meticulous" records to comply with G7 sanctions on Russian goods. The Gem and Jewellery Export Promotion Council (GJEPC) has told its 7,500 members to make...
Lab Growns: It's all about Price, says Pandora Boss

Lab Growns: It’s all about Price, says Pandora Boss

Pandora's CEO says consumers don't buy lab growns because they're "sustainable". They buy them because they're cheap. Alexander Lacik told Fortune magazine: "When we talk about product choice, there are only two things that actually...

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