Rio Tinto’s Argyle mine to close in Q4 2020

Rio Tinto’s iconic Argyle mine in remote Western Australia and world’s biggest global source of high-quality pink diamonds will close in the fourth quarter this year.

Today

ASEAN Gems & Jewellery Presidents’ Summit scheduled for 3 March

The 9th ASEAN Gems & Jewelry Presidents’ Summit 2020 is scheduled for March 3, 2020, at the Hong Kong Convention & Exhibition Centre.

Today

CTF acquires coloured gemstone jewellery retailer Enzo

Chow Tai Fook Jewellery Group of China recently acquired the entire equity interests in Enzo Jewelry Inc, enriching the Group’s multi-brand portfolio to meet today’s ever-changing customer expectations.

Today

Rio Tinto’s diamond production down 8 per cent in Q4

In its latest announcement of its Q4 and full-year production figures for 2019, Rio Tinto said that the Q4 diamond production of 2019 at both the Argyle and Diavik mines recorded 8 per cent decrease over that of 2018 production.

Yesterday

De Beers mulls key changes to way it sells diamonds – report

Global diamond giant, De Beers is believed to be considering significant changes to the way it sells diamonds following a terrible year for the companies that cut, polish and trade the gems.

Yesterday

Lab-grown diamond brands are strategizing to offer IRL shopping experiences

10 september 2019

(glossy.co) - As more millennials enter engagement and marriage territory, the direct-to-consumer lab-grown diamond industry continues to grow. Since 2016, brands from ALTR, Brilliant Earth, Couple, Ada Diamonds and more have popped up, targeting young, ethically minded customers likely concerned with the diamond industry’s notoriously corrupt practices. At the same time, diamond sales have been on the decline.