IN FOCUS

De Beers’ 2018 Diamond Production +6% To 35.29mct

De Beers said rough diamond production for the fourth quarter of 2018 increased by 12% to 9.1 million carats. This brought De Beers’ total diamond production for 2018 to 35.29 million carats,…

Chow Tai Fook Joins De Beers’ Tracr Pilot

Tracr, the end-to-end diamond industry blockchain traceability platform being developed by De Beers in collaboration with key industry stakeholders, said that Chow Tai Fook Jewellery Group has joined the platform’s pilot programme.…

WDC Concerned About Pace Of KP Reform

While reiterating its support for the Kimberley Process Certification Scheme (KPCS) as the most effective means possible to end the trade in conflict diamonds, the World Diamond Council (WDC) expressed concern that…

India’s 2018 Platinum Jewellery Demand To See Double-digit Growth

Double-digit growth in Indian platinum jewellery will partially offset reduced consumer spending and competition from low-karat gold jewellery in China, leaving total platinum jewellery demand down by an expected 2% to 2,405…

WGC Appoints David Tait As Incoming CEO

The World Gold Council (WGC) appointed David Tait as incoming chief executive officer. He will join the organisation on January 7th, 2019 as CEO designate for a transitionary period before becoming CEO…

Diavik Yields Largest Diamond Ever Found In North America

Canadian diamond mining company Dominion Diamond Mines recovered the largest known gem quality diamond ever found in North America. The 552-carat yellow Canadamark diamond was unearthed in October at the Diavik diamond…

India’s Q3 Gold Jewellery Demand Rises 10% To 148.8t

After two consecutive quarters of year-on-year decline, the third quarter of 2018 saw gold jewellery demand in India grow by 10% to 148.8 tonnes, according to the World Gold Council’s (WGC’s) latest…

CIBJO Certified Carbon Neutral For Fifth Year In A Row

CIBJO, the World Jewellery Confederation, has been certified as being carbon neutral in 2017, which is for the fifth straight year that it offset its greenhouse gas emissions through the purchase of…