Alrosa, the world’s biggest diamond producer, reported that its proceeds from rough and polished diamond sales in Q3 came in at $589 million (a 6.8x increase quarter-on-quarter and down 4% year-on-year), including…
IN FOCUS
As gold prices shoot up, demand for traditional jewellery in the bridal segment is reaching a new high. In the last six months or so, there have been no weddings and now…
Gold-backed ETFs and similar products (gold ETFs) recorded their tenth consecutive month of net inflows during September, matching equivalent stretches in 2008 and 2016, reported the World Gold Council (WGC). Gold ETF…
The Covid-19 situation has been particularly harsh on certain marginalised sections of our community such as the migrant workers. Taking a step towards helping the migrant workers, Platinum Guild India has joined hands…
Diamond market sentiment improved in September as jewellers started to prepare for the fourth-quarter holiday season, according to a Rapaport press release. Optimism was tempered by a continued rise in global Covid-19…
De Beers has launched ReSet, a series of collaborations with jewellery designers to engage in conversations around sustainability and to offer a fresh perspective on the positive impact of natural diamonds. The…
The National Union of Mineworkers (NUM) in South Africa will embark on protected strikes at De Beers and Petra Diamonds after failing to reach a wage settlement with the companies at the…
De Beers’ fourth Diamond Insight ‘Flash’ report looks at how diamond jewellery design trends for the upcoming gifting season are expected to be influenced by how consumers are feeling in response to…
In the wake of the agreement to normalise relations between Israel and the United Arab Emirates, the Israel and Dubai diamond exchanges have signed a strategic agreement of collaboration to promote cooperation…
Gem Diamonds recovered an exceptional quality 166-carat Type II white diamond at the Letšeng mine in Lesotho on 18th September 2020. On the same day, the miner recovered another high quality 77-carat…