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Children's jewelry – still something of an untapped market

Children's jewelry is a sector of the market that has been quietly growing even though it receives little media coverage and is a much smaller part of sales than the adult sector. Traditionally, the children's jewelry sector has been composed...

21 august 2017

DRC: Poor value eclipses new status as world’s second largest diamond producer

The Democratic Republic of Congo (DRC), a resource-rich country, yet very poor, had been bleeding, literally, for quite some time with no prospects for peace on the horizon. Apart from a never-ending war between the government troops and drug-crazed...

14 august 2017

Top loan defaulters owe 27% of total amount to SBI alone

(timesofindia.indiatimes.com) - Country's largest lender SBI accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters. As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its...

Today

Brands Driven By Real Collaborations Beyond Mere Brand Ambassadorships

(gemkonnect.com) - The spirit of partnership has always had a part to play in the jewellery industry, especially between designers, goldsmiths, gem-setters, polishers and the whole manufacturing stream. But today, a new breed of collaborations between brands, manufacturers...

Yesterday

Two Diamond Legends Reunite For Next Big Discovery

(baystreet.ca) - We’ve been bullish on the future of diamonds for as long as we can remember. The trick is, of course, finding the right company to invest in. Open-pit diamond mines can command premium prices like nothing else in the resource sector, but they’re hard...

21 august 2017

Rescue works at Mir diamond mine stopped due to threat of water breakthrough

Yesterday

As at 19:10 local time, there was 21,000 cubic meters of water accumulated in Mir’s quarry pit, while the water level in the mine was at -240.8 meters relative to sea level, the press service of ALROSA says.

Almazyuvelirexport transformed into joint-stock company

Yesterday

(Vedomosti) - President Vladimir Putin signed a decree on transforming FGUP VO Almazyuvelirexport into a joint stock company. This will happen within 18 months and 100% of the company's shares will be in federal ownership.

Endiama establishes semi-industrial diamond mining cooperatives

Yesterday

Endiama, an Angolan state-owned diamond company, has established several semi-industrial diamond mining cooperatives in the country.

A brilliant future of lab diamonds - media

Yesterday

Currently, lab diamonds only represent about $150 million in annual sales - a fragment of the $80 billion diamond industry. But that’s expected to grow to $1.05 billion by 2020, express.live reported.

Leading Korean retailer launches Sarine Profile across its entire chain

Yesterday

Sarine Technologies has announced that the Golden Dew, the prestigious South Korean jewellery retail chain has formally launched the Sarine Profile™ in-store diamond display platform in all its 72 stores across the country last week, and will also be adopting the Sarine Connect™ diamond jewellery search and display app.

Mir diamond mine: Attempts are continuing to make a controlled descent of water from the quarry

21 august 2017

The volume of water in Mir’s quarry pit was 13,400 cubic meters as at 7:00 local time on August 21. The water level in the mine’s shaft was -250.05 meters at 8:50 local time. This is stated in a press note distributed today by ALROSA.

DPA: US Women Seek Long-Term Value in Diamonds

21 august 2017

Most US millennial women view their diamond jewelry as an investment, according to a recent DPA survey cited by Rapaport that noted a rise in the trend of self-purchasing.

India's cut & polished diamonds exports marginally down in July

21 august 2017

India's exports of cut and polished diamonds recorded $ 1.645 bn in July 2017, marginally below the exports in the same month in 2016 at $ 1.651 bn, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC)of India.

David Block: “Intellectual property theft is not just Sarine's problem...whole industry should combat this phenomenon.”

For more than 15 years, David Block served in various senior positions at Sarine Technologies in Israel and India. From 2012 until his appointment as CEO in 2017, Block was Sarine's Deputy CEO and Chief Operating Officer, with responsibility for...

21 august 2017

A new brand has come to the Russian market - LA VIVION

How this had happened was disclosed in an interview with Rough&Polished by Andrey Yanchevskiy, CEO of LA VIVION, who, having turned from a programmer into a jeweler, proved that algorithms and diamonds are a promising combination in business.

14 august 2017

KGK says Botswana lacks capacity, expertise to produce diamond jewellery

KGK Diamonds Botswana opened its operations in the southern African country and the world’s second largest diamond producer in value terms, in 2014 and it is currently cutting and polishing rough sourced from De Beers’ Diamond Trading Company. Company...

07 august 2017

Jewellery might not come under the category of basic necessity, but for women it is a need

Enchanted by the City of Gold-Dubai, brothers Kiran Pethani and Anil Pethani travelled from their little village in Gujarat, India to Dubai in search of a better livelihood. In 1993, they started working for a jeweller in Gold Souk where they learnt...

31 july 2017

"The government should financially support the setting up of skills development units and Gems and Jewellery parks" suggests Sanjeev Agarwal, CEO, Gitanjali Exports Pvt Ltd.

Sanjeev Agarwal has a unique combination of experience encompassing FMCG, Banking & Finance and the Luxury Retail Sectors with Unilever, Cadburys and Deutsche Bank. Sanjeev’s next move to World Gold Council as Managing Director (India-subcontinent)...

24 july 2017