IN FOCUS

GJEPC BANKING SUMMIT ASSESSES CRITICAL FINANCING ISSUES

The GJEPC’s banking conference witnessed a slew of proactive measures by the diamond and jewellery industry to mitigate financing risks and enhance confidence, including the release of a white paper, making MyKYC…

Alrosa’s Q1 Production -17% To 7.4 Mn Ct

Alrosa, the world’s biggest diamond producer, reported a 17% decline in diamond production for the first quarter of 2018 to 7.4 million carats owing to production slowdowns caused by an accident last…

De Beers Q1 Production +15% To 8.5 Mn Ct

De Beers reported a 15% increase in rough diamond production to 8.5 million carats in the first quarter of 2018, reflecting the ramp-up of production from Gahcho Kué in Canada and increased…

De Beers Partners With DDI To Trial ‘GemFair’

De Beers Group said that it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair…

All-India Akshaya Tritiya Sales Up 20%

Akshaya Tritiya, one of the first and most auspicious festivals in the Hindu calendar, is customarily celebrated by buying gold and other luxury items. The tradition of buying jewellery on this day…

Fura Gems Trains Its Sights On Bunder Diamond Project

Aims to increase coloured gemstone business in India Fura Gems, the new entrant into the mining and marketing sector, intends to script a new destiny for the coloured gemstone industry. SHANOO BIJLANI…

Solid US Silver Jewellery Sales In 2017: Survey

Jewellery retailers in the United States described strong silver jewellery sales last year, with 59% reporting increased sales in 2017, according to a survey commissioned by the Silver Institute, a non-profit international…

Antwerp Diamond Trade Stabilises In 2017

After a very difficult 2015, the Antwerp diamond trade stabilised in 2016 and this trend continued over 2017 as the industry traded a total of $46 billion in diamonds, the Antwerp World…

Chopard Commits To 100% Ethical Gold

Haute jewellery- and watch-maker, Chopard recently announced that by July 2018, it will use 100% Ethical Gold in its jewellery and watch creations. As a family-run business, sustainability has always been a…

The Farnese Blue To Go Under The Hammer At Sotheby’s

One of the foremost historic diamonds – The Farnese Blue – will appear on the market for the first time in history this spring, after having remained in the same family for…