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Gems and Jewellery Industry News

Listed below is Gems and Jewellery industry news and bulletins, Industry updates, Myheera updates, Gems and jewellery industry trends, Gems and jewellery online analysis and trends.

Brexit impact on the diamond and jewelry industry   Date: 27 Jul, 2016  |     Source: HeeraZhaverat
JCK News director Rob Bates looks at the effect Brexit might have on the diamond and jewelry industry. Bates identifies five potential impact areas. First of all, the vote to exit the EU increases uncertainty and volatility, especially on the financial market, and that is bad news for everybody. Sec... Read More


Hong Kong Jewellery & Gem Fair opened   Date: 24 Jun, 2016  |     Source: HeeraZhaverat
The 29th edition of the June Hong Kong Jewellery & Gem Fair opened up on 23rd June 2016 at the Hong Kong Convention & Exhibition Centre (HKCEC). ... Read More


Latin American Diamond and Jewelry Week (LADJW)   Date: 23 Jun, 2016  |     Source: HeeraZhaverat.com
The Second Latin American Diamond and Jewelry Week (LADJW) opened on June 21 at the World Jewelry Hub in Panama City, in the presence of government and industry leaders, as well as buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around... Read More


121.26 carat white diamond at the Cullinan mine in South Africa   Date: 22 Jun, 2016  |     Source: HeeraZhaverat
Petra Diamonds Limited announces the recovery of a 121.26 carat white diamond at the Cullinan mine in South Africa. The stone is a Type II diamond of exceptional colour and clarity, and is an outstanding example of the large, high quality diamonds for which the mine is known.... Read More


Israel Diamond Exchange will host 38th World Diamond Congress in 2018   Date: 20 Jun, 2016  |     Source: HeeraZhaverat.com
According to the WFDB the next president meeting would be held in 2017 & that would be hosted by the Bharat Diamond Bourse (BDB). According to the WFDB the Israel Diamond Exchange will host 38th World Diamond Congress in 2018. ... Read More


“Diamond Night” at the Belgian embassy   Date: 18 Jun, 2016  |     Source: diamondworld.net
HRD Antwerp organised a “Diamond Night” at the Belgian embassy in Madrid to officially celebrate its newfound alliance with the Spanish gemmological laboratory, Gemacyt. The event gathered both government officials and leading Spanish diamond and jewellery companies.... Read More


Revenue generated by the jewellery sector are critical to the economic fortunes   Date: 16 Jun, 2016  |     Source: HeeraZhaverat.com
Speaking at the 15th Rendez-Vous Gemmologiques de Paris, Cibjo President Gaetano Cavalieri said the industry and the revenue generated by the jewellery sector are critical to the economic fortunes of many countries around the world, and “especially those where diamonds, gemstones and precious meta... Read More


Zarya pipe at Aikhal Mining and Processing Division.   Date: 13 Jun, 2016  |     Source: National Jeweler
PJSC Alrosa, the world leader in diamond mining, has announced the start of the development of a new deposit, Zarya pipe at Aikhal Mining and Processing Division. ... Read More


Dr. Wilfried Hoerner (Argor Heraeus SA) as the new Chairman of the RJC Board   Date: 11 Jun, 2016  |     Source: HeraZhaverat.com
The Responsible Jewelry Council, organized their AGM during the JCK jewellery fair that took place in Las Vegas. In this very meeting the RJC Members elected Dr. Wilfried Hoerner (Argor Heraeus SA) as the new Chairman of the Board and subsequently re- selected Mr. Mark Jenkins (Signet Jewelers Ltd) ... Read More


The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows.... Read More


The 59.60-carat Pink Star diamond has been in Sotheby’s inventory since 2013   Date: 09 Jun, 2016  |     Source: National Jeweler
Geneva--Diacore and Mellen Inc. have formed a partnership with Sotheby’s to acquire an ownership interest in the 59.60-carat Pink Star diamond. The 59.60-carat Pink Star diamond has been in Sotheby’s inventory since 2013, when a diamond cutter bought the stone for $83.2 million but then defaulte... Read More


The Richline Group has acquired Viawear, a wearable technology company   Date: 07 Jun, 2016  |     Source: National Jewler
Viawear is the creator of the Tyia smart bracelet and it was founded with the goal of creating jewelry that alerts consumers only to important and user-select notifications, allowing them to step away from their smartphones.... Read More


Pure Value Guarantee Program   Date: 06 Jun, 2016  |     Source: HeeraZhaverat.com
Pure Grown Diamonds, the leading distributor of Lab-Grown Diamonds, today announced the Pure Value Guarantee Program for all its customers. The program is aimed at assuring our retailers that they can buy Pure Grown Diamonds with confidence, and offer the same value proposition that they would with ... Read More


Virtual foundations of the World Diamond Museum   Date: 04 Jun, 2016  |     Source: Heera Zhaverat.com
The World Diamond Mark Foundation (WDM) announced it has built the virtual foundations of the World Diamond Museum, a unique resource in the cloud that will be bringing together and put on display an unprecedented and therefore unique collections of extraordinary diamonds and diamond jewellery - fro... Read More


Spinel to the official list of birthstones   Date: 03 Jun, 2016  |     Source: National Jeweler
Jewelers of America and the American Gem Trade Association announced Wednesday that they are adding spinel to the official list of birthstones. It will join the yellow-green gemstone peridot as a birthstone for the month of August. ... Read More


Gemfields’ latest auction set a record for per-carat price   Date: 02 Jun, 2016  |     Source: National Jeweler
Gemfields’ latest auction, which featured mostly lower quality rough emeralds from the Kagem mine in Zambia, totaled $14.3 million. The sale, which was held from May 17 to 20 in Jaipur, India and included no beryl, set a record for per-carat prices for lower quality auctions at $5.15 per carat. ... Read More


The most expensive green diamond ever sold at auction   Date: 01 Jun, 2016  |     Source: National Jewelry
The “Aurora Green” garnered $16.8 million, or $3.3 million per carat, when it hit the auction block at Christie’s Hong Kong Tuesday, becoming the most expensive green diamond ever sold at auction. Hong Kong-based manufacturer and retailer Chow Tai Fook Jewellery purchased the stone. largest fa... Read More


Citizen Watch will acquire Frederique Constant Holding Group   Date: 31 May, 2016  |     Source: nationaljeweler.com
Japan-based Citizen Watch will acquire the Switzerland-based Frederique Constant Holding Group, which owns the brands Frederique Constant, Alpina, and deMonaco.... Read More


Bruce Cleaver will be the new CEO of De Beers from July 1   Date: 30 May, 2016  |     Source: national jeweler
London-listed miner Anglo American has appointed Bruce Cleaver to head its De Beers diamond business.Bruce Cleaver will be the new CEO of De Beers from July 1.... Read More


Jaipur Jewellers Association (JJA) presidential election result   Date: 26 May, 2016  |     Source: national jeweler
Jaipur Jewellers Association (JJA) members have once again showed their support towards the leadership of Nirmal Bardiya as he has won the presidential post elections for the third time.... Read More


ASSOCHAM suggests setting up of a Gold Council   Date: 14 Apr, 2016  |     Source: India Infoline
The ASSOCHAM National Council on Gems & Jewellery has come up with the suggestion of establishing a Gold Council to ensure smooth policy formulation and implementation. ASSOCHAM advocates the representation of both, the government and the industry, in making future policies. Mr. Sankar Sen, Chairman... Read More


Finally, the strike is over!   Date: 14 Apr, 2016  |     Source: Business Standard
After the 43 days long strike, the shutters finally went up on Tuesday. Jewelers and bullion traders nationwide opened their shops for two weeks with the hope that excise duty will be abolished soon. Jewelers’ strike against the newly impose excise duty have resulted in a huge monetary loss for t... Read More


Diamond mines in Panna will be auctioned soon   Date: 12 Apr, 2016  |     Source: Money Control
As per reports, diamond mines in the Panna district of Madhya Pradesh will be put on auction soon. Notice Inviting tender (NIT) will be released by the state government in next few days, and the auction will happen next month. Currently, India has only one diamond producer, NMDC – a state-owned ... Read More


Platinum demand in India is up by 24% in 2015   Date: 12 Apr, 2016  |     Source: The Art of Jewellery
Platinum Guild International (PGI) has come up with a surveyaccording to which platinum jewelry sales in India went up by 24 percent in 2015. For its annual report, named as Retail Trade Barometer, PGI conducted research on the platinum demand in the markets of India, China, Japan & the USA. In Indi... Read More


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