Beleaguered miner Petra Diamonds Limited has entered into an agreement to dispose its exploration assets in Botswana via the sale of 100% of its holding in Sekaka Diamonds Exploration (known as Petra…
De Beers reported that its rough diamond production for Q2 that ended 30th June, 2020 decreased by 54% to 3.5 million carats, primarily due to the Covid-19 lockdowns in southern Africa. Mining…
Alrosa reported plans to change the personnel structure of its Mirny mining and processing division in order to control operating costs. The company is in the process of consolidating the plant and…
GJEPC organised the first-ever session on “How to Enhance Productivity in Jewellery Manufacturing” under its UNCUT 2020 Workshop series, conducted by renowned jewellery technology expert Dr. Parag Vyas. The dynamic and interactive…
The Covid-19 pandemic has disrupted the brick and mortar business model of Indian gold retailers and has become a catalyst for online channels to boost sales, according to a World Gold Council…
Rio Tinto’s Q2 2020 diamond production declined 5% to 4.23 million carats on a year-on-year basis, but rose 23% compared with Q1 2020. At the Argyle mine in Australia, carat production was…
Alrosa, the world’s biggest diamond producer, said its Q2 2020 diamond production decreased 42% year-on-year to 5.7 million carats, while its H1 production declined 22% to 13.7 million carats, as production was…
The global gem and jewellery export market is valued at $629.06 billion of which India’s share is 6.2% or $31.45 billion. Of this, every year almost a quarter of India’s gem and…
De Beers Group announced the appointment of Sarah Kuijlaars as Chief Financial Officer, effective from 1st September. Sarah will join the De Beers Group Board and Executive Committee. Sarah was previously CFO…
Silver Promotion Service (SPS), a sister concern of the Silver Institute, a silver promotion body, announced the results of a US consumer research study showing pent-up demand for jewellery, as well as…