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

Fancy Color Diamonds, A Guardian Angel for the Next Generations

22 april 2021

(fcresearch.org) - The COVID-19 pandemic brought with it unprecedented chaos. Angry mobs looting Fifth Avenue stores and a complete lack of clear governmental policy has left many high-net-worth individuals with a feeling of uncertainty, tempting investors to seek out portable forms of wealth. During this period of upheaval, and in light of the attention the Fancy Color Diamond Index received from the international financial community, we were asked to paint a general background on this asset class and answer members’ many questions about the investment perspective of these rare gems. “What are the benefits of investing in Fancy Color Diamonds in comparison to other luxurious collectibles?” Which platform enables short-term trading for these natural diamonds? “How does this alternative investment category behave in times of crisis?” “What are the pros and cons compared to other investments?” and “What would be the right investment approach without overpromising results?” During this past year we have compiled our answers and up-to-date market analysis into this readily available report for the benefit of our members from the financial sector.