Output from Angola’s diamond mines came to a record 12 million carats in 2024, surpassing 10 million carats for the first time. The rise in production is the result of legal and tax reforms the ...
The Gem & Jewellery Export Promotion Council (GJEPC) has appealed to the Indian government for policy measures to boost the sector’s global competitiveness and foster growth. GJEPC chairman Vipul Shah ...
Joint military and police forces protecting Gemfields’ Montepuez ruby mine (MRM) against attacks from rebels in Mozambique shot and killed two individuals involved in an attempt to invade the deposit.
US jewelry sales grew during the 2024 holiday season, led by a strong job market and increased consumer confidence, according to Mastercard SpendingPulse. Retail sales for the category rose 4% year on ...
While we write about a variety of topics, from mining and manufacturing to gemstones and jewelry, certain themes create more buzz than others. So, what were the terms that consistently made headlines ...
The past year has been difficult for the diamond trade. However, there have been periods of stabilization as well as specific categories that have outperformed others. Rapaport Senior Analyst Joshua ...
Everything has changed, but really nothing has changed. The stories that dominated the news this past year were on the same topics that always get people clicking: diamond prices, lab-grown fraud, De ...
This year saw an increasing number of industry activities that were sometimes illegal, and many times morally dubious. From lab-grown diamonds submitted for grading as natural, to a surge in ...
Finding rough diamonds is not an easy task, and locating those over 100 carats is exponentially more difficult. Having formed in the earth billions of years ago, most of these stones naturally come in ...
This year was a tough one at auction for many high-value jewelry lots, as the luxury market took a downturn and many consignors pulled top items prior to the sale, worried prices achieved would not ...
Tobias Kormind, cofounder and managing director of 77 Diamonds, explained how the UK-based company had taken hybrid retail to Europe and the Middle East and why its business model was more sustainable ...
Gemfields may have to halt operations at its Montepuez ruby mine in Mozambique as political unrest has led to attacks near the site. On Monday, the Mozambican Constitutional Council upheld the highly ...