News

Feb 21, 2020

De Beers’ Preliminary Financial Results for 2019 Show Dip of 24% in Revenue Y-o-Y

Reporting its preliminary financial results for 2019 De Beers said the total group revenue amounted to US$4,605 million, as compared to a revenue of US$6,082 million in 2018; marking a decrease of 24%.

Feb 21, 2020

Angola’s Diamond Revenue Up 6% in 2019; Production Up 12%

Angola earned revenue of US$ 1,299 million from diamonds during 2019, an increase of 6.2% over the revenue of the previous year, government officials announced earlier this week, according to media reports.

Feb 21, 2020

RJC Underlines its Commitment to Gender Equality: Signs UN Gender Responsive Standards Declaration

Responsible Jewellery Council (RJC) announced yesterday that it has signed the United Nations Economic Commission for Europe (UNECE) ‘Declaration on Gender Responsive Standards and Standard Development’; and thereby “strengthened its ongoing commitment to gender equality”.

Feb 21, 2020

ICRA Assesses Impact of Coronavirus on Indian Diamond Industry, Revises Outlook to Negative

ICRA, an Indian ratings and investor information agency that is in alliance with Moody’s Investor’s Service, has revised the outlook on the cut and polished diamond (CPD) industry in India to Negative.

Feb 20, 2020

GJEPC Hosts Open House-Cum-Awareness Programme on E-Sanchit with Customs Surat

The Surat Regional Office of The Gem & Jewellery Export Promotion Council (GJEPC) hosted an Open House-Cum-Awareness Programme on E-Sanchit with Customs, Surat earlier this week.

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