Israel-based Sarine Technologies reported a net loss of US$ 2.8 million on revenues of US$ 42.9 million (-27%) for the year that ended 31st December 2023 due to the economic headwinds in…

Lucara Diamond Corp. announced the recovery of a 320-carat, 111-carat, and two +50-carat rough diamonds from its Karowe diamond mine in Botswana. These diamonds were recovered from the direct milling of EM/PK(S)…

World Gold Council (WGC) has launched a new ‘You are Gold’ multimedia campaign to reinvigorate the relationship of millennials and Gen Z with gold in a meaningful way in India. The campaign…

The U.S. Treasury announced that it is sanctioning Russia’s state-owned diamond exporter, Almazyuvelirexport, for its involvement in the metals and mining sector of the Russian economy. The move is part of a…

The GJEPC’s Surat regional office recently organised its 5th monthly trade meeting aimed at enhancing Gujarat’s gem and jewellery exports. Vijay Mangukiya, Regional Chairman – Gujarat, GJEPC, highlighted key sector insights and…

In an effort to enlighten gems and jewellery member exporters about the recently launched upgraded electronic Bank Realisation Certificate (eBRC) system, GJEPC hosted an informative webinar on 23rd February, 2024. Key speakers…

The India Jewellery Park Mumbai (IJPM), a landmark project of GJEPC aimed at boosting India’s gems and jewellery industry, took a significant step forward on 22nd February 2024 with the handover of…

De Beers reported a steep drop in revenue and profit for the year 2023, as the global diamond industry faced a severe downturn due to the challenging macro-economic conditions, limited consumer demand…

Leaders from the diamond, jewellery and precious metals sector will arrive in Brazil on 14th & 15th May for the BSM Brasil 2024, a buyer-seller meeting, which will bring buyer delegations to…