De Beers said the value of rough diamond sales (Global Sightholder Sales and Auctions) for the sixth and seventh sales cycles of 2020 were $116 million and $320 million respectively. Cycle 7…
IN FOCUS
Alrosa’s diamond sales results for August 2020 rose 19% year-on-year to $216.7 million as demand for rough picked up in preparation for the year-end holiday season. The August sales included proceeds from…
Tiffany & Co. has filed a lawsuit in the US against LVMH Moët Hennessy-Louis Vuitton to enforce the $16.2 billion merger announced in November 2019. The announcement came after LVMH deferred the…
De Beers Marine South Africa, a division of diamond giant De Beers, and Orange Business Services, a network-native digital services company, have jointly installed and tested a customised Internet of Things (IoT)…
The steadfast diligence and entrepreneurial spirit of Surat diamond manufacturers shines through even in the times of the pandemic Surat, the world’s leading cutting and polishing diamond manufacturing hub, is humming again.…
The GJEPC representation, led by Shri. Colin Shah, Chairman, GJEPC, met Finance Minister Smt. Nirmala Sitharaman on 26th August, in New Delhi, to raise concerns and implications arising on the diamond segment…
Dr. Guruprasad Mohapatra, Secretary, DPIIT held a video meeting with officials from the GJEPC, Association of Gold Refineries and Mints (AGRM), IBJA, and GJC to discuss attracting foreign investment in gold refining…
In a video conference with Shri. Tarun Bajaj, Secretary (Economic Affairs), Department of Economic Affairs, GJEPC put forth its suggestions to modify few points within the Revamped – Gold Deposit Scheme (R-GDS)…
The Gem and Jewellery Export Promotion Council (GJEPC) held a discussion on framing a policy for domestic and international trade in gems and jewellery through e-commerce with the Department of Promotion of…
The GJEPC made a representation on the key focus areas pertaining to gems and jewellery to the Micro, Small and Medium Enterprises (MSMEs) sector to Shri. Nitin Gadkari, Minister of MSME, Government…