US Holiday jewelry sales expected to skyrocket

According to Mastercard SpendingPulse, US jewelers can expect revenue from jewelry sales in the US between November 1 and December 24 will grow 59% compared to the same period last year.

17 september 2021

Australia becomes world’s biggest producer of gold for first time

Australia has become the world’s biggest producer of gold for the first time, having played second fiddle to China for the last decade. Australia unearthed 157 tons of gold in the first half of the year, pipping China by four tonnes.

17 september 2021

Nigerian minister mulls death penalty for gold smuggling – report

Nigeria’s deputy minister in charge of mines and steel development has called for the death penalty for gold smuggling in the West African country.

17 september 2021

Gemfields back to black

Gemfields is expected to register a net profit after tax of $23.8-million in the first half of the year compared with the net loss after tax of $56.7-million, a year earlier. Earnings per share are expected to be 2 US cents from a loss per share of 4...

17 september 2021

Debmarine Namibia's new diamond recovery vessel to arrive in SA next week

Debmarine Namibia’s new N$7 billion diamond recovery vessel, Additional Mining Vessel #3 (AMV3), is expected to arrive in Cape Town, South Africa next week ahead of commissioning early next year.

17 september 2021

Optimizing the diamond’s potential: A global movement of people using business as a force for good

27 september 2019

(World Diamond Council) - Next week, on October 2 and 3, representatives of the members of our organization, which are associations and companies from across the diamond and jewelry industries, will gather in Antwerp for the Annual General Meeting of the World Diamond Council (WDC). It is being hosted by the Antwerp World Diamond Centre (AWDC). The subjects on the agenda of the meeting are of critical importance, relating predominantly to our industry’s push to improve the relevance and efficiency of the Kimberley Process Certification Scheme (KPCS), which is particularly pertinent given that the KP is now in the final months of a review and reform cycle. Another key issue is WDC’s own program to promote increased transparency and supply-chain due diligence from mine to retailer, as it is embodied in our new System of Warranties (SOW). Both these elements are likely to impact the way we all do business over the coming years.