Indian diamond industry may halt purchases of all diamonds from 10 to 31, July

The Gem and Jewellery Export Promotion Council of India along with four other industry bodies have again issued an appeal to industry members to halt all purchases of diamonds between 10 and 31 July.

Today

Diamond smuggling rising in Zim – report

The smuggling of Zimbabwean diamonds to Mozambique is on the rise following the closure of official border posts to curb the spreading of Covid-19, according to a study conducted by the Kimberly Process Civil Society Coalition (KPCSC).

Today

India’s jewellery show ‘IIJS Premiere’ rescheduled to January 2021

India’s largest jewellery trade show, the India International Jewellery Show (IIJS) Premiere, has been rescheduled due to the ongoing Covid-19 pandemic, according to a press release from the Gem and Jewellery Export Promotion Council (GJEPC)...

Today

Hong Kong jewellery sales dip 69.7% in May

Jewellery sales in Hong Kong this last May fell 69.7 per cent y-o-y, according to the latest data from the Census and Statistics Department of Hong Kong.

Today

De Beers, Alrosa record ‘rock-bottom’ sales in June – report

Two leading global diamond companies, De Beers and Alrosa recorded “rock-bottom” sales in June as buyers rejected their high rough prices, according to media reports.

Yesterday

Europe-led global certification scheme for raw materials expected in 2020

21 november 2019

(mining.com) - A group of European bodies and companies have joined efforts to create the first global certification scheme ensuring consistent standards of environmental, social and economic impact throughout the entire raw materials value chain, to be launched next year. CERA (CErtification of RAw Materials), conceived in 2015 by German engineering and consulting firm DMT Group, counts with the support of the UN Economic Commission for Europe, the European Commission’s Joint Research Centre (JRC), EIT RawMaterials, Volkswagen, Fairphone and research institutions from across Europe. Companies are under pressure from consumers and investors to prove that minerals are sourced without human rights abuses but tracking raw materials throughout their journey is challenging.