Browsing: Industry News

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

The UK Jewellery, Silverware, and Allied Crafts (UKJSAC) Roundtable has presented its insights to the Department for Business and Trade…

Recent research from Capital on Tap reveals that UK consumers are willing to pay a premium for jewellery from independent…

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

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 decision,…

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

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

The Gemological Institute of America (GIA) has expanded its Board of Governors with the addition of two new members: Lisa…

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 numerous…

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

The European Union (EU) has issued a statement expressing further dissatisfaction with the Kimberley Process (KP) over its inability to…

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

The Positive Luxury Awards has announced the launch of its 2025 programme, which celebrates organisations across the luxury sector that…

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…

Retail footfall across the United Kingdom showed significant growth in Week 46, marking a positive shift in activity levels after…

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 advanced…

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

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

A rare 18th-century diamond necklace, previously part of the Marquess of Anglesey’s collection, achieved a remarkable sale price of CHF…

The International Gemological Institute (IGI) has announced the return of its annual global jewellery design competition, IGI Expressions 2024-25. Now in…

Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together…

The Aga Khan Emerald, a rare 37.41-carat square-cut green gemstone, has become the most expensive emerald ever sold at auction,…

A dispute over the ownership and value of the 70-carat “Idol’s Eye” diamond has brought two branches of Qatar’s royal…