BlueRock boosts H1 output, grade at Karevleei as loss narrows

BlueRock Diamonds has recorded a 79% increase in carats produced at Kareevlei Diamond Mine in South Africa to 8,949 carats in the six months to June 2021 compared to 4,981 carats, a year earlier.

Today

Moscow to host KP Plenary meeting on 8-12 November 2021

The Russian Federation, as the Chair of the Kimberley Process (KP) said the next KP Plenary meeting will be held in Moscow on 8-12 November 2021 in a hybrid format including online and in-person participation for those who will be able to visit...

Today

S&P revises Botswana's outlook to 'stable' as diamond sector improves – report

Ratings agency S&P has revised Botswana’s outlook to 'stable' from 'negative' due to an economic recovery buoyed by a strong diamond sector. "We expect Botswana's diamond export-dependent economy will rebound by 8.5% in real...

Yesterday

India’s cut and polished diamond export increases by 68.64%; rough imports up 142.62% in August

India’s export of cut and polished diamonds at $ 2051.88 mn in the month of August 2021 shows a growth of 68.64 per cent as compared to $ 1216.70 mn for the month of August 2020, according to data available in gjepc.org.

Yesterday

Global jewellery industry calls for immediate action on gender equality

The global jewellery industry has called for collective and immediate action on gender equality, a crucial building block in developing a strong and responsible supply chain that contributes to achieving UN Sustainable Development Goal 5.

Yesterday

Cyrille Vigneron: ‘You have to explain Cartier’s classics to a young generation in a modern way’

28 july 2021

(ft.com) - Cyrille Vigneron is in a different mood to when I interviewed him five years ago, shortly after his appointment as chief executive at Cartier. He did not say so at the time but, looking back, “Cartier had lost its appeal [by] trying to get into areas that were not so credible or not so much in the Cartier DNA”. This was particularly true of watches. As well as making large and complicated watches, it had launched sporty lines — but sales were slow. In 2016, Vigneron took the painful decision to buy back €200m worth of stock. “There is no way you can change your product offer if you leave products on the market,” he explains. “Either your retailers will stop buying, or what would be visible would not be so appealing for customers. Most of the [watches] were destroyed to recycle the gold.”