Browsing: Industry News

Scientists and engineers from the UK Atomic Energy Authority (UKAEA) and the University of Bristol have developed the world’s first…

The International Gemological Institute (IGI) has announced an initial public offering (IPO) valued at $499 million (Rs 4,225 crore). The…

The Pantone Colour Institute has announced its Colour of the Year for 2025: Pantone 17-1230, also known as “Mocha Mousse.” …

Boodles has reported a pre-tax profit of £18.1m for the latest financial year, despite a 1.3% dip in sales to…

India, the world’s largest hub for diamond polishing, is intensifying its call for a domestic diamond export certification centre following…

De Beers has released the dates for its 2025 rough diamond sales, confirming 10 sights across the year. At its…

De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…

Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the…

The World Platinum Investment Council (WPIC) has forecasted a global platinum supply deficit for the third consecutive year in 2025,…

Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. …

The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…

Russia’s state-controlled diamond mining company Alrosa has announced plans to scale back production and reduce its workforce in 2025. This…

Luk Fook has reported a 27.2% decline in revenue for the six months ending 30 September 2024, amounting to HKD…

Black Friday 2024 is set to significantly impact South Africa’s economy, with projections of R88 billion in additional economic value…

Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…

Barbie has joined forces with South African jewellery designer Jenna Clifford to create a bespoke jewellery collection to mark two…

De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…

Gold prices have hit historic highs, recently surpassing US$2,700 per ounce, sparking industry-wide speculation about what’s driving this surge. While…

A new campaign at London Luton Airport, in collaboration with jeweller Queensmith, aims to protect the element of surprise for…

The Scoin Shop, a prominent name in the collectable coin industry, is celebrating its 25th anniversary this year. Since opening…

Paris-based jewellery designer Marie Lichtenberg has launched the 2024 Raiz’in collection, a line of more affordable jewellery inspired by her…

A new report, Silence is Golden, jointly authored by The Rt. Hon Dominic Raab and the World Gold Council, reveals…

Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…

HB Botswana has announced a 137 million Pula investment (approx USD10million) in its diamond processing operations, aimed at increasing the…

After several months of decline, India’s diamond exports showed growth in October 2024, driven by increasing demand for both natural…

The global luxury market is forecasted to reach nearly €1.5 trillion in 2024, according to the latest Bain & Company…

The Central African Republic (CAR) has been reinstated as a full participant in the Kimberley Process (KP), ending an 11-year…

Authorities investigating the high-profile 2022 TEFAF jewellery heist have intensified efforts with a new search operation in Verviers, Belgium. Using…

Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million.  Founded in 2016 by…

Alexandre Arnault, current executive vice president of product, communications, and industrial at Tiffany & Co., is set to leave his…