Industry News

Subscribe to Industry News feed
News
Updated: 2 hours 6 minutes ago

Alrosa's June Sales Dip to $31m

Sun, 12/07/2020 - 06:00
Alrosa reported another poor trading month in June, with sales of rough and polished totaling just $31.3m. That compares with $222.4m of like-for-like sales in June 2019....

Alrosa's June Sales Dip to $31m

Sun, 12/07/2020 - 06:00
Alrosa reported another poor trading month in June, with sales of rough and polished totaling just $31.3m. That compares with $222.4m of like-for-like sales in June 2019....

Consumers Prefer Shops to Online for Diamond Purchases

Sun, 12/07/2020 - 05:00
Almost two thirds (62 per cent) of jewelry buyers say they'd rather buy a diamond from a bricks-and-mortar shop than online, says new research for De Beers. Even the digital-savvy Millennial and Gen-Z...

Something New... $6,000 Diamond Face Masks for Bride and Groom

Sun, 12/07/2020 - 05:00
Diamond-studded face masks are becoming the latest fashion craze in Covid-hit India. They're popular with wedding couples, who will pay up to $6,000 for a washable N95 mask ...

Coronavirus: Surat Markets to Re-open but Merchants Must Promise to Behave

Thu, 09/07/2020 - 09:00
Diamond markets in Surat, India, are due to re-open tomorrow, but have been warned that they'll be closed again if more than 10 people test positive for coronavirus....

Coronavirus: Alrosa Delays Next Two Sales

Thu, 09/07/2020 - 09:00
Alrosa is postponing its next two trading sessions in response to a continuing slump in demand. The Russian state-owned miner sold just $40m of diamonds in May...

Angola Police Seize 4,500 Diamonds from French National

Thu, 09/07/2020 - 08:00
Police in Angola seized almost 4,500 diamonds and detained a French national as part of its Operation Transparency. It followed a number of tip-offs regarding the alleged clandestine...

Updated Bible of Lab-Grown Diamonds

Wed, 08/07/2020 - 08:00
The "bible" of lab-grown diamonds is being republished to update jewelers, traders and consumers. Authors Dusan Simic and Branko Deljanin have revised existing content....

Call to Slash India's Export Duty on Polished Diamonds

Wed, 08/07/2020 - 08:00
India's ailing diamond industry is calling for a huge cut in the duty charged on its polished exports. It's also requesting "direct" rough purchases to reduce costs....

A False Dawn? Polished Diamond Price Index Falls Slightly in June

Tue, 07/07/2020 - 19:00
The IDEX Polished Diamond Price Index was down in June by 0.35 per cent with only negligible changes day-to-day. There were some hopes of a post-COVID recovery in April, when the Index....

Tiffany Wins $12m Battle Against Fake Websites

Tue, 07/07/2020 - 10:00
Tiffany & Co have won a $12m legal battle against fake websites claiming to sell their goods. The iconic New York-based jeweler said sites with names...

Coronavirus: Diamond Capital at a Standstill Until 14 July

Tue, 07/07/2020 - 10:00
Diamond factories in Surat, India, will remain closed until 14 July at the earliest as the city battles a COVID-19 outbreak centered on its main cutting and polishing zone....

Coronavirus: Diamond Capital at a Standstill Until 14 July

Tue, 07/07/2020 - 10:00
Diamond factories in Surat, India, will remain closed until 14 July at the earliest as the city battles a COVID-19 outbreak centered on its main cutting and polishing zone....

Chinese Jeweler "Secured Loans" Against 83 Tons of Fake Gold

Mon, 06/07/2020 - 11:00
A Chinese jewelry firm based in Wuhan stands accused of securing loans with eighty-three tons of fake gold. Kingold Jewelry is a Nasdaq-listed company based in the city....

Dubai Boost for Lab-Grown Diamonds

Mon, 06/07/2020 - 10:00
Dubai is expanding its lab-grown sector by welcoming Lumex to its diamond hub. Lumex was founded in 2018 by the Mehta family, owners of the Rosy Blue empire, and produces diamonds

The Real Story: Jewelry Demand in the U.S. Market in 2020

Mon, 06/07/2020 - 09:00
U.S. jewelers had great hope for 2020. The 2019 end-of-year November-December holiday shopping season was strong, a trend that carried over to the January-February 2020 Valentine's Day selling period....

Manager Arrested for "Opening Diamond Factory" during Surat Lockdown

Mon, 06/07/2020 - 07:00
The manager of a diamond unit in Surat, India, was arrested for allegedly breaching COVID-19 rules. Police say they found 26 employees working at a factory in the Katargam....

Zimbabwe to Sell Stockpile of a Million Carats

Sun, 05/07/2020 - 14:00
Zimbabwe is poised to offer a diamond stockpile of over a million carats for sale as it seeks foreign currency. It hopes to net up to $100m, according to a report....

Botswana Seeks $3.4bn COVID Aid from IMF and World Bank

Sun, 05/07/2020 - 11:00
Botswana, the world's top diamond-producing country by value, is to seek financial help from the International Monetary Fund (IMF) and the World Bank to deal with the consequences of COVID-19.

Yours For $3,200 - The Pokemon Diamond Engagement Ring

Thu, 02/07/2020 - 08:00
Declare your undying love with a diamond engagement ring based on a Pokemon character. The 0.3-carat solitaire is set between a pair of gold ears belonging to Pikachu....

Pages

© EM Trading. All Rights Reserved. Powered by EasyStock.