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
Dominion Sees More Life in Diavik Mine
Toronto: Dominion Diamond Corporation has extended the life span of its jointly owned Diavik mine by two years and hiked its estimate of the project’s future production. The deposit in Canada’s Northwest Territories will last until 2025, compared with a projection of 2023 given in March 2015, the miner said Friday. As a result, estimated output from now till the
Banks Snubbing Belgian Diamond Trade: AWDC
Antwerp: Belgian banks are discriminating against the diamond trade by not lending to anyone linked to the industry, the Antwerp World Diamond Centre (AWDC) has claimed. The AWDC has proof that banks are systematically refusing customers with any connection to the trade, for both personal and professional banking affairs, it said last week. Lenders snub diamantaires even before they’ve had
Chiadzwa Diamond Fields Besieged Again
Harare: Thousands of illegal diamond miners, who were evicted from the mining concessions about a decade ago, have since returned to Chiadzwa, raising fears the government could once again be losing millions of dollars in revenue, as uncontrolled mining activities have reappeared due to lack of security, reports News Day. This was revealed in an urgent chamber application filed by
Consumer Confidence in US Highest Since 2000
New York: American’s have a positive view of the current economic condition leading consumer confidence to reportedly reach the highest level in over 16 years. The Conference Board’s consumer confidence index jumped by more than 100 since February, indicating an improvement for the second consecutive month. It also eclipsed economists’ estimates of 114. Consumers have appraised the current conditions and
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
