Bin Sulayem Will Take Over Dubai Diamond Exchange From February 2018
Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre (DMCC), will assume the chairmanship of the dubai Diamond Exchange (DDE), going forward with the ambition to further elevate…
Know the status of the diamond market with latest news of the industry!!!
Diamond is one of the precious gemstones available in the market. This is expensive than other gemstones. The gemstones are considered as a perfect way for adding beauty to the…
Indian Organised Jewellery Retailers Show Upto 80% Profit Jump
The Indian government’s currency reform, the implementation of a 3 percent goods and services tax and the requirement for all jewellery purchases over ₹200,000 to include the buyer’s income tax permanent account…
De Beers Looking To Sell Voorspoed Diamond Mine In SA
De Beers today announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. The company said that after evaluating a…
Pink-Purple Diamond Ring Goes For $1.2M At Bonhams Hong Kong Auction
A fancy coloured Diamond dress ring from Cindy Chao’s iconic Ribbon Collection sold at the Bonhams Rare Jewels and Jadeite auction in Hong Kong for $ million (HK$ million). The fancy pink-purple…
DDI, UL Extend Tie-Up To Monitor Artisanal Diamond Miner Certification
The Diamond Development Initiative (DDI) announced a partnership with UL Consumer and Retail Services that will strengthen its implementation and auditing of Maendeleo Diamond Standards — the DDI-developed certification process tailored for artisanal…
$361M Provision By Anglo American, Other SA Gold Miners To Settle Case
Six gold mining firms, including Anglo American, have made a $361 million (ZAR 5 billion) provision to settle a class action law suit with thousands of miners who contracted fatal…
Mainland China Recovery Drives Chow Tai Fook H1 Revenue +15% To $3.2B
Hong Kong-listed Chow Tai Fook Jewellery Group, which has a major retail footprint in mainland China, announced its interim results for the six months ended September 30, reporting revenue of…
Constellation Diamond To Yield 325 Ct. & 100 Ct. D-IF Polished Stones
The 813-carat Constellation Diamond, which was discovered in Botswana’s Karowe Mine by Canadian producer Lucara in 2015, is to be cut and polished in Israel and is expected to yield…
Signet Q3 Same Store Sales -5%, Lowers Whole Year Guidance
Signet Jewelers Limited announced its financial results for the third quarter of fiscal 2018 — the 13 weeks ended October 28, 2017. Same store sales were down 5 percent. Signet said the factors…