India has become the world’s largest consumer of gold jewellery, surpassing China with total consumption of 563.4 tonnes in 2024.…
Browsing: Industry News
Jewellery and watch industry business news, insight and releases, from UK, Europe and around the world. Find out what’s going on in retail jewellery, jewellery manufacturing and up coming events.
Mastercard will remove the 16-digit card number from credit and debit cards by 2030, replacing it with tokenisation and biometric…
The Indian government has removed import duties on seeds used in lab-grown diamond production and lowered tariffs on certain precious…
The Gemological Institute of America (GIA) has completed its 100th field gemmology expedition with the landmark trip taking GIA researchers…
Swiss watch exports fell by 2.8% in 2024, with total shipments amounting to CHF 25.99 billion, primarily due to weaker…
The Responsible Jewellery Council (RJC) has announced that Executive Director Melanie Grant is stepping down after two years in the…
De Beers Group and the Government of Botswana have concluded negotiations on a new 10-year sales agreement for rough diamonds…
South Africa-based diamond mining company Diamcor Mining has secured an investment from an undisclosed Dubai-based diamond manufacturer to advance its…
The prices of fancy-colour diamonds fell by 2.2% in 2024, reflecting a slowdown in the luxury sector and broader economic…
De Beers has announced Letsile Tebogo, Botswana’s first Olympic gold medallist and the 2024 World Athletics Male Athlete of the…
The World Federation of Diamond Bourses (WFDB) has announced the launch of “Moments,” a global social media campaign highlighting the…
Jemora Gemhouse, a new auction house specialising in rare and high-value polished coloured gemstones, has been unveiled in Dubai. The…
Key stakeholders in diamond cutting, polishing, and manufacturing in Lesotho have banded together to create the Lesotho Diamond Manufacturers Association…
Pandora has been named one of the 100 most sustainable companies in the world by Corporate Knights at the World…
A significant armed robbery occurred at Namib Desert Diamonds (Namdia) on Saturday evening, resulting in the death of the company’s…
India’s polished diamond export sector showed some signs of stabilisation in December 2024, according to data from the Gems and…
Richemont, owner of brands such as Cartier, Van Cleef & Arpels, Buccellati and Vhernier, achieved record sales in the third…
The Gemological Institute of America (GIA) has announced that Susan Jacques will retire as president and CEO at the end…
Diamond producers across Africa are reported to be supporting the adoption of the Authentia traceability platform, a technology-driven initiative designed…
Informa Markets Jewellery has announced the return of the Sustainability Awards by Jewellery World Awards (JWA), a programme designed to…
The Murowa Diamond Mine in Mazvihwa, Zimbabwe, operated by RZM Murowa, has experienced operational disruptions after its electricity supply was…
The Zambian government has reinstated a 15% export duty on emeralds, effective 1 January 2025, following a suspension that had…
De Beers Group and the Gem & Jewellery Export Promotion Council (GJEPC), India’s leading jewellery trade body, have launched a…
TAG Heuer has been announced as the Official Timekeeper of Formula 1, marking a return to a role it last…
Russian diamond producer Alrosa has forecasted a rebalancing of supply and demand for both rough and polished diamonds in the…
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with an inventory valued at approximately $2…
Surat, India’s diamond processing hub, is experiencing a significant shift as global demand for natural diamonds slows. Renowned for processing…
Angola has achieved a significant milestone in its diamond industry, producing approximately 12 million carats of diamonds in 2024 -…
Gemfields, a London-listed mining company and significant producer of coloured gemstones, has temporarily suspended operations at its Montepuez Ruby Mining…
India’s jewellery market, the second-largest consumer of gold globally, is undergoing significant changes as escalating gold prices influence buyer preferences. …