STARGEMS DMCC & HRD Antwerp to Establish Diamond Jewellery Grading Lab in Almas Tower

Author: unknown - Published 19-12-2018 13:38
HRD Antwerp, a European leading authority in diamond certification, has entered a partnership with Dubai-based jewellery retailer Stargems Group to certify their entire jewellery inventory through the establishment of a diamond jewellery grading lab. This cooperation will ultimately ensure the transparency and authenticity of each jewellery piece.

Forevermark launches its new campaign ‘Half Carat Diamond

Author: unknown - Published 15-12-2018 13:40
Isobar India, the digital agency from Dentsu Aegis Network, has partnered with Forevermark Diamonds to launch User Generated Content led Voice Mobile Banner. The collaboration stands as a testimony to India’s rising voice-based interactions, growing at a rate of 270% year-on-year, as reported by Google & Amazon Alexa.

Firestone Diamond unearths 46 carat white diamond at Liqhobong mine

Author: unknown - Published 14-12-2018 14:54
The recovery of the white 46 carat stone is good news as we start mining across the pit towards the northern side of the orebody over the coming months,” said Paul Bosma, Firestone chief executive

Rapaport Weekly Market Comment

Author: unknown - Published 13-12-2018 14:03
Dealers and jewelers optimistic for last-minute holiday sales. Multi-channel digital and experiential retail are key themes this season, with rising number of pop-up stores and webrooms. Trade shifting east, with improving Chinese New Year demand. Some caution for 2019 as US-China trade war, volatile stock market and higher interest rates could impact consumer sentiment. Prices of 0.30 ct. diamonds pressured by high inventory (+160% vs. Dec. 2017 on RapNet). De Beers raises 2018 production to 35M/36M cts., despite lower sales volume. Rough prices stable during sight week. Alrosa Nov. sales -18% to $274M. Shane Durgin replaces Patrick Evans as CEO of Dominion Diamond Mines.

3ct. Blue Sells for $1.4M at Fortuna

Author: unknown - Published 13-12-2018 14:01
Fortuna recorded its largest auction to date as a blue diamond ring fetched $1.4 million in New York earlier this month.

De Beers Raises Production Outlook

Author: unknown - Published 12-12-2018 14:59
De Beers has increased its production forecasts for 2018 and the coming years, as the miner anticipates solid consumer demand.

India's gem & jewellery exports may recover in remaining months of FY19

Author: unknown - Published 10-12-2018 14:52
India’s gem and jewellery exports, which witnessed a decline of 4.35% in dollar terms during April-October, may post a recovery in the remaining five months of the current fiscal year, thanks to improved macroeconomic conditions in the US, industry insiders said.

India shining for diamond brand Forevermark

Author: SHOBHA ROY - Published 09-12-2018 14:07
Forevermark, a wholly-owned subsidiary of the diamond group De Beers, is seeing a steady growth in business in India and is confident of sustaining it in the coming years.

Gold prices rise to near five-month high

Author: unknown - Published 07-12-2018 15:39
In global markets, gold rebounded on Thursday to a near five-month peak as the dollar declined amid expectations of a slowdown in the pace of US interest rate hikes, with investors seeking refuge in the bullion from a sell-off in global stocks. Spot gold rose 0.26% to $1,240.72 per ounce
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