A high-profile Indian delegation led by Shri R. Arulanandan, Director, Department of Commerce, Government of India actively participated in the “Opportunities in India” event, hosted by the Consulate General of India in Cape Town and the Government of India.
A diamond bracelet gifted by Michael Jackson to Elizabeth Taylor sold for $147,000, almost double its high estimate.
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the US and China, Amit Pratihari, managing director, De Beers India told Reuters on Wednesday.
Gem Diamonds today (29 January) reported a dip in quarterly revenue but a year-on-year increase of 10 per cent, boosted by a flurry of high-value recoveries.
brazen diamond robbery at Namibia Desert Diamonds (Namdia) early on Saturday evening and involving what is suspected to be the company’s largest-ever consignment of precious stones received, has resulted in two fatalities and two arrests.
An agreement has been entered into for the outright sale of Williamson Diamonds Limited, Petra Diamonds announced on Wednesday.
Richemont, the Swiss luxury goods conglomerate, saw jewelry sales from its Cartier, Van Cleef & Arpels,Vhernier and Buccellati jewelry maisons surge by 14 per cent in the last three months, in what it said was a “very solid end to the calendar year”. Its eight watch brands, including A. Lange & Sohne, Baume & Mercier, … Read more
In its first full year as the operator of the world-class Ekati diamond mine, Burgundy Diamond Mines Ltd. marked several milestones, including consistent diamond recoveries and advancements in extending the mine’s future, reinforcing its position as a prominent player in the Canadian diamond industry while laying the groundwork for continued growth and success.
Foreign sales were $773m, down 10.4 per cent in dollar terms on the same month in 2023, according to the latest figures from the Gems and Jewellery Export Promotion Council (GJEPC).
Rolex has increased the cost of some watches by up to 8 per cent in response to surging gold prices.