We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
CIBJO Congress in Bangkok in Nov 2017
Milan: CIBJO, the World Jewellery Confederation, will hold its 2017 annual congress in Bangkok, Thailand, November 5-7, 2016, with pre-congress meetings beginning on November 2. The World Ruby Forum, which is being organised in conjunction with the congress, will take place November 4. The congress will be hosted by the Department of International Trade Promotion (DITP) and the Gem and
ALROSA Sells $13 Million of Diamonds at Vladivostok
Moscow: Coming shortly after their announcement of developing Vladivostok as a diamond center, Russia’s diamond mining giant ALROSA has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre in Primorye (the Russian Far East), the company writes in a press release. 22 companies from China, South Korea, India, Europe, Russia and
Diamond Market Improves After Slow Q1
New York: The diamond market showed improvements in March after Chinese demand at the Hong Kong exhibition was better than expected. The latest RapNet Diamond Index from the Rapaport Group found the price of 1-carat polished diamonds increased by 0.1% in March and was down 1.1% during the first quarter. There was good demand for 0.30- to 0.49-carat diamonds, and
DiamondCorp Retrenches Employees as Talks Fail
Toronto: DiamondCorp announced sweeping retrenchments on Monday, saying talks with its lender and a mining union had failed to end in an agreement. The miner’s business-rescue practitioner had been in discussions with the Industrial Development Corporation of South Africa (IDC) — its lender — and the Association of Mining & Construction (AMCU). The talks followed DiamondCorp subsidiary Lace Diamond Mine
GJEPC to Organize ‘Design Inspirations’ on 9th April
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has organized ‘Design Inspirations’ event on 9th April, 2026 at Bharat Ratnam Mega CFC, Mumbai. The design seminar invites a galaxy of eminent speakers to share their insights on a wide range of topics. The workshop aims to provide the industry with relevant updates, enabling them to plan their designs and
IIJS Bharat Tritiya 2026 Ends with Great Success
Bengaluru: The 4th edition of IIJS Bharat Tritiya 2026, organized by India’s Gem & Jewellery Export Promotion Council (GJEPC), concluded on a triumphant note at the Bengaluru International Exhibition Centre (BIEC), solidifying its position as India’s third-largest B2B jewellery exhibition. The show witnessed a massive scale-up, hosting over 1,100 exhibitors and 1,900 stalls, while attracting 15,000 trade buyers from 500
GJEPC Team Meets Nirmala Sitharaman
New Delhi: A GJEPC delegation met Union Finance Minister Mrs. Nirmala Sitharaman in New Delhi on 27th March 2026 to discuss matters concerning the industry. The Council delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, also included Mr. Shaunak Parikh, Vice Chairman, GJEPC; Mr. Sabyasachi Ray, Executive Director, GJEPC and Mr. K.K. Duggal, Director – Policy, GJEPC. A key focus
Gemfields Releases 2025 Audited Report
London: Gemfields Group Limited (GGL) recently announced its audited Annual Report for the year ending December 31, 2025, reporting total revenue of $ 135.1 million, down from $ 199.4 million in 2024. The fall in revenue was credited to disruptions in the emerald market during the first half of the year and reduced recovery of premium-grade rubies at Montepuez Ruby
