Diamond industry of Botswana, its current state and prospects

Botswana has a rich source of rough diamonds. The country’s diamond reserves reach about 340 million carats, while its resources (including reserves) exceed 905 million carats. The country is consistently among the world’s three largest diamond...

Yesterday

Pink Legacy goes on tour like Lesedi, but will it sparkle at the Geneva auction?

A fancy vivid pink diamond weighing 18.96 carats, which was once part of the Oppenheimer collection, is set to go on a tour ahead of the Geneva auction on 13 November.

08 october 2018

Analysts predict a big holiday quarter for Apple Watch, affecting the entire jewelry industry

(9to5mac.com) - As several reports have suggested, Apple Watch is eating into the traditional watch business. Now, analysts are predicting that demand for the Apple Watch this holiday season will eat at sales in the already-slowing traditional watch industry. As noted...

Today

Government Supportive Of Indian G&J Industry But National Needs Come First

(idexonline.com) - The Indian government's decision to raise the import duty on cut and polished diamonds, semi-processed stones, half cut or broken diamonds and lab-grown stones and processed colored gemstones to 7.5 percent from 5 percent was exactly the type of...

Yesterday

Kenya showing potential to be gem hub of Africa

(miningreview.com) - This exclusive interview with Antony Zagoritis, chief executive officer, Lapigems in Kenya looks at the potential for gemstones in the sector. At the upcoming Kenya Mining Forum, he is part of a panel discussion in the session on “Upgrading Kenya’s ASM...

12 october 2018

Angola denies abusing illegal foreign diamond miners

Today

Angola has refuted reports that its security forces failed to observe human rights when they conducted an operation to drive out foreign illegal artisanal diamond miners in the Lunda Norte province bordering the Democratic Republic of Congo.

Gem Diamonds recovers 357 ct light brown stone from Letšeng

Today

Gem Diamonds said it has recovered a 357 carat light brown ‘high quality’ diamond from its 75 percent-owned Letšeng mine in Lesotho.

Petra Diamonds to focus on value over higher carat volume

Yesterday

Petra Diamonds said it is moving its focus away from higher carat volume production targets to value optimisation, which helps it maximise profitability and returns for shareholders.

Stornoway rakes in $24.7 mln from Q3 diamond sales

Yesterday

Stornoway Diamonds said it sold 184,620 carats in two tender sales for gross proceeds of $24.7 million, representing an average price of $134 per carat.

India’s polished diamond exports down 10.78% in September

Yesterday

Exports of cut and polished diamonds from India during September dropped to $ 2.37 bn from $ 2.65 bn in September 2017, a decrease of 10.78% y-o-y, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

L’ECOLE des Arts Joailliers presents the collection of men’s rings of Yves Gastou

Yesterday

L’ECOLE des Arts Joailliers sponsored by Van Cleef & Arpels holds for the first time in its history the exhibition of men’s rings belonging to Yves Gastou. It is held in Paris and will be open until November 30, 2018, according to the Jeweller’s official website.

Queen Elizabeth’s granddaughter choses the Emerald Kokoshnik Tiara for her wedding

Yesterday

Queen Elizabeth’s granddaughter, Princess Eugenie, wore a tiara made of platinum featuring diamonds and emeralds at her wedding to Jack Brooksbank on Friday, says Rapaport.

ALROSA sells large rough diamonds in New York for $7.9 mln including two stones of especially large size

12 october 2018

ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at an auction in New York which was held from September 17 till October 5.

An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

Yesterday

High technologies make it possible to create a product that can be obtained in natural stones only for very big money

Andrey Zharkov, having left the position of President at diamond mining company Alrosa, has established and headed the Ultra C company, which will be engaged in the production of diamonds from the reactor. In this interview with industry news agency...

08 october 2018

The once unorganised domestic jewellery sector in India is now growing

A veteran businessman, former Chairman of Gem & Jewellery Council (GJC), Bullion Expert, a third-generation jeweller born with a silver spoon (or was it gold?) in his mouth, a perpetual optimist … yes, the list could go on. As the first...

01 october 2018

India is poised to become a major fine jewellery market in the near future - Pramod Agrawal, Chairman GJEPC

Pramod Kumar Agrawal, the current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a successful entrepreneur in his own right. Despite belonging to a jewellery business family, with his father dealing in gemstones...

24 september 2018

Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018