Browsing: Industry News

China has announced the discovery of a significant gold deposit in Pingjiang County, Hunan Province. Valued at approximately $83 billion…

The Gemological Institute of America (GIA) has announced an enhancement to its emerald reports, offering optional filler identification from 15…

Element Six, part of De Beers Group, has announced its investment in Lightsynq, a US-based startup focused on quantum computing. …

De Beers Group has announced the winners of its 2024 Shining Light Awards, a biennial jewellery design competition aimed at…

Scientists and engineers from the UK Atomic Energy Authority (UKAEA) and the University of Bristol have developed the world’s first…

The International Gemological Institute (IGI) has announced an initial public offering (IPO) valued at $499 million (Rs 4,225 crore). The…

The Pantone Colour Institute has announced its Colour of the Year for 2025: Pantone 17-1230, also known as “Mocha Mousse.” …

India, the world’s largest hub for diamond polishing, is intensifying its call for a domestic diamond export certification centre following…

De Beers has released the dates for its 2025 rough diamond sales, confirming 10 sights across the year. At its…

De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…

Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the…

The World Platinum Investment Council (WPIC) has forecasted a global platinum supply deficit for the third consecutive year in 2025,…

Ng Yu Zhi, a businessman in Singapore, is currently on trial for allegedly orchestrating a $1.46 billion nickel trading scam.…

Mustafa Jewellery in Singapore has awarded a S$1.35 million prize as part of its “Million Dollar Grand Draw.” The event,…

Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. …

The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…

Russia’s state-controlled diamond mining company Alrosa has announced plans to scale back production and reduce its workforce in 2025. This…

Luk Fook has reported a 27.2% decline in revenue for the six months ending 30 September 2024, amounting to HKD…

Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…

De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…

Gold prices have hit historic highs, recently surpassing US$2,700 per ounce, sparking industry-wide speculation about what’s driving this surge. While…

A new campaign at London Luton Airport, in collaboration with jeweller Queensmith, aims to protect the element of surprise for…

The European Union (EU) has issued a statement expressing further dissatisfaction with the Kimberley Process (KP) over its inability to…

Paris-based jewellery designer Marie Lichtenberg has launched the 2024 Raiz’in collection, a line of more affordable jewellery inspired by her…

A new report, Silence is Golden, jointly authored by The Rt. Hon Dominic Raab and the World Gold Council, reveals…

Kim Heng Jewellers and Goldsmiths, a long-standing jewellery business based at People’s Park Complex in Singapore, has been fined S$35,000…

Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…

SHINCA, a Japanese lab-grown diamond jewellery brand, will hold its first pop-up event in Singapore from 28 November to 1…

After several months of decline, India’s diamond exports showed growth in October 2024, driven by increasing demand for both natural…

The global luxury market is forecasted to reach nearly €1.5 trillion in 2024, according to the latest Bain & Company…